Doing Business in the City of Martinsville

The City of Martinsville strives to create a positive small business and entrepreneurship environment; and one way to do this is to help you navigate through the array of funding resources available to you. 


To be considered for these funding opportunities, fillout our Small Business and Entrepreneurship Incentives Application. Prior to filling out this application, use this webpage as a starting point to know what questions to ask as you start the process, then contact C-PEG for assistance, 276.632.6401.


We also recommend prior to starting your business in Martinsville that you review our Business Licensing and Permitting page.


We have grouped funding resources for you into five areas:

  • Grants
  • Local Incentives
  • Microloans
  • Business Plan Competitions
  • Training Subsidies



Local Incentives

Local incentives are grouped under Local Enterprise Zones, offering qualified businesses with one or more of the following tax refunds: Real Estate and Machinery and Tools, along with one or more of the following: Building permit fee waived, investment tax credits and water, sewer and electric connection fees waived.

Plus other incentives on a case by case basis, such as discounted fiber optic networking services. 



Microloans are a good consideration for startup companies with lower capital requirements and limited operating history. Most microloans provide a source of smaller loans that many banks are reluctant to service. Currently, there are two active Microloan Programs in the community:

Business Plan Competitions

Training Subsidies

West Piedmont Workforce Development Board contracts with the Chamber of Commerce to administer its business services to help offset training expenses.

In addition to the Chamber of Commerce and its charitable affiliate, C-PEG, there are a number of entities that can help you with your startup or expansion in the City of Martinsville.

City of Martinsville’s Community Development Department

Longwood University’s Small Business Development Center

MHC Economic Development Corporation’s Office of Small, Minority & Entrepreneurial Division

Martinsville Uptown Revitalization

Patrick Henry Community College

The Launch Place

West Piedmont Business Development Center

West Piedmont Workforce Development Board


The City of Martinsville contracts with C-PEG to be its point of contact for small business and entrepreneurship development.


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