02 JanSpotsylvania EDA Awards Four BIG Grants

FOR IMMEDIATE RELEASE

SPOTSYLVANIA ECONOMIC DEVELOPMENT AUTHORITY AWARDS FOUR “BIG” PROGRAM GRANTS

Spotsylvania, VA – January 2, 2013 — The Spotsylvania County Economic Development Authority (EDA) has awarded Business Incentive Grants to four companies with locations in Spotsylvania which presented clear, extensive information about their proposed uses of funds and benefits to the community. The companies awarded are as follows:

Aspetto, with 3,000 square feet on Pierson Drive, awarded $12,000, plans to purchase machinery and provide training for local skilled workers to produce made-in-America products, and launch an online store, information at www.shopaspetto.com.

Backyard America, located in the Bowman Center, awarded $10,000, plans to set up a metal shop for the purpose of welding, bending and finishing aluminum extrusions to be used as components in pergola kits, will provide local jobs (bending and welding is currently outsourced); information at www.backyardamerica.com

Convert! Integrated Marketing, located in Spotsylvania County, awarded $10,000, company focus is online marketing and website development, as well as social media marketing for Facebook and Twitter, funds will position the company to commit to a longer-term lease in the County, information at www.convertresponse.com.

Stevenson Ridge, located in Spotsylvania County, awarded $12,500, funds will be applied to initial equipment and supplies and to expand catering operations in 2013 and hire additional local staff, information at www.stevensonridge.com.

The premise of the Business Incentive Grant (BIG) program is to create quality employment opportunities and expand Spotsylvania’s tax base by offering new or growing small businesses cash grants to partially defray the costs associated with start-up operations or expansion projects, thereby freeing business capital at a time when it is most urgently needed. This Economic Development Authority (EDA)/small business partnership benefits the County through an increased tax base, expanded job opportunities, and increased payroll in the Spotsylvania community.

Applications for the next round of Business Incentive Grant program are due on March 1, 2013. Visit http://www.spotsylvania.org to learn more about this program. Or, for an application, visit the Economic Development Department on the County website at www.spotsylvania.va.us – click on Government Services on the homepage. Or, call Economic Development directly at 507-7210.

For further County information:

www.spotsylvania.va.us
Contact : Kathy Smith, Public Information Officer
ksmith@spotsylvania.va.us
Phone : 540-507-7005 or 540-455-8988