Leesburg’s Section of Financial Development to Co-Identify with the Smaller Company Enhancement Heart

Leesburg, VA (August 11, 2022) – The Town of Leesburg’s Division of Financial Growth will shortly share room with the Compact Company Development Middle (SBDC). On Tuesday, August 9, the Leesburg City Council unanimously accepted the lease of business office space positioned at 15 N King Road. 

The City has beforehand supported the SBDC cooperatively operated amongst the Town of Leesburg, George Mason University, and Loudoun County by delivering business office house in downtown Leesburg. For this goal, $75,000 was not too long ago allocated in the Adopted Fiscal Calendar year 2023 Basic Fund spending plan for an place of work lease. 

In accordance to Director of Financial Development Russell Seymour, the new workplaces were being determined about two months ago. The leased spot is made up of around 3,073 gross square feet and includes the second flooring of the 15 North King Street making for a expression of one yr with four additional a person-year renewal phrases exercisable at the Town’s choice. 

“This go will make it possible for the SBDC to keep on being in downtown Leesburg with no occupying area devoted to the Town’s HUBZone, which stays an essential and restricted source for our neighborhood corporations,” Seymour reported. “The new site will also permit our personnel to be situated in one particular place, even though remaining in shut proximity to the lots of assets situated within just City Corridor.”

The SBDC provides counseling and education to tiny enterprises situated inside of Loudoun County. In addition, they do the job with the Tiny Organization Association (SBA) to build and supply informational instruments to help company commence-ups and present business growth. 

“The SBDC is a useful resource for our small corporations all through Loudoun County,” Seymour claimed. “We have a a lot broader scope. Our department does a large amount of operate with modest corporations right here in the Town. This transfer will give us an opportunity to share some of our means.” 

Both of those the Division of Financial Enhancement and the SBDC will get started moving into their new area on August 15. They will be officially settled in on September 1. The Town Supervisor is assessing options for the long term use of the log cabin, exactly where the Town’s Section of Financial Development has been…