Portsmouth VA

are looking to create a dynamic environment that attracts both businesses and residents, making our waterfront a focal point for growth and activity,” Donahue explains. ECONOMIC EQUITY Another significant initiative is the Economic Uplift Program, an accelerator designed to help established businesses grow and reach new heights. “The program provides business owners with the knowledge and resources needed to develop their strategies and operations,” Donahue explains. “It’s about helping businesses in emerging communities thrive and succeed.” The Economic Uplift Program, starting in late July, will specifically target businesses that have been operating for at least five years. “This eight-week program, in partnership with Bloom Coworking and AGH Advisory Services, will focus on helping these businesses scale up and achieve sustainable growth,” Donahue details.“We’re providing the tools and knowledge necessary for them to reach the next level.” LOCAL BUSINESS SUPPORT Portsmouth’s economic development efforts focus on supporting local businesses. The city offers a range of incentives and support programs to attract and retain businesses.“We have local incentive programs to assist with business development needs, from startup funding to expansion support,” Donahue says. Portsmouth’s Economic Development Authority also provides grants for property improvements, helping businesses enhance their operations and attract more customers. “We assist with everything from facade improvements to interior build outs, ensuring that businesses have the support they need to succeed,” Donahue explains. The city’s commitment to supporting businesses extends to providing concierge-level service, guiding businesses from initial contact with the city through their growth and expansion. “We aim to make the experience as smooth and positive as possible, serving as a one-stop shop for all business needs,” Donahue proudly states. FUTURE ASPIRATIONS Portsmouth’s leadership team is united in their vision for the city’s future, focusing on economic development, educational advancements, community projects, and quality of life improvements.The city is poised for continued growth, with ambitious plans that promise to transform Portsmouth into a thriving, inclusive, and vibrant community. Mayor Glover summed up the city’s outlook: 8 CIVIL AND MUNICIPAL VOLUME 05, ISSUE 08

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