New grant designed to help Alleghany County entrepreneurs

The Alleghany Highlands Economic Development Corporation received $38,000.

ALLEGHANY COUNTY, Va. – Alleghany County is hoping to bring in more small businesses with the help of a state grant.

The Alleghany Highlands Economic Development Corporation has received an award of more than $38,000 to help encourage entrepreneurs to set up shop in the region.

The Building Entrepreneurial Economies grant is intended to use local and private resources which will result in business development, job creation and the growth of new programs across Virginia.

Alleghany Highlands will be using its money to start a mentoring program to guide small business owners through the process.

"The ultimate goal will be to help support them through the process of starting their business, and then at the end we have a gauntlet program like Shark Tank where we'll give out cash and services," said Marla Akridge, executive director of Alleghany Highlands Economic Development Corporation.

Also in our area, Virginia Western Community College and Main Street Lexington each received $40,000 grants.