Fourteen local small businesses were recently awarded assistance through the BRIEFcase program offered by the Martinsville-Henry County Economic Development Corporation (EDC).
An acronym for Business Relocation Incentive and Expansion Fund, a portion of this program caters to existing local businesses that are purchasing taxable equipment or expanding their facility to add to the local tax base.
This year, the BRIEFcase program provided grants totaling $16,469 to 14 local small businesses for specific capital investment projects:
*Castro Auto Detailing
*Everything Outdoors
*The Gift Design Company
*The Ground Floor
*Gym 24 Fitness
*Luna Moth Tattoo
*Mahoney Family Medicine
*Martinsville Urgent Care
*Meemaw’s
*Quantum Copy
*Railway Café
*Rising Sun Breads
*Scuffle Hill Brewing
*Sugamama’s Catering
EDC Business Development Director Valerie Harper said “Even as a small business, capital investment plays a vital role in driving economic growth within a community. When businesses invest in new equipment in Martinsville and Henry County, it adds to tax revenue and can lead to job creation. The EDC hopes that this funding assistance will add momentum to the continued growth of these small businesses.”
