Peter Thompson from Retire Path Virginia Shares Retirement Insights
Peter Thompson, Executive Director of Retire Path Virginia, provided a virtual presentation on RetirePath Virginia, a program created to help close the “retirement savings gap” – the difference between the amount of money you’ll have when you retire and the amount you’ll need. He shared how Retire Path Virginia helps individuals set up Individual Retirement Accounts (IRA’s) through automatic payroll deductions from their employer, or through direct contributions from their bank accounts. Thompson emphasized the RetirePath program’s benefits: portability, flexibility, and no costs to employers. With over 10,000 savers contributing nearly $10 million, the program is a game-changer for economic security for entrepreneurs and workers without access to employer-sponsored plans.
Learn more at: RetirePathVA.com >
Unlocking Your Business Potential with Your Online Business Profile
Peter Raines, co-owner of Get You Found, led a hands-on workshop teaching participants how to optimize their online business profiles for better visibility and engagement. He explained the importance of consistent NAP (Name, Address, Phone) information across platforms, generating and responding to reviews, and leveraging AI tools like ChatGPT for content creation. Raines also highlighted advanced profile features, such as adding service areas, using Q&A sections, and sharing regular updates to keep listings fresh.
For more digital marketing tips, visit: GetYouFound.com >
RISE PUMP: Pull Up Mentor Program for Entrepreneurs
During the PUMP (Pull Up Mentor Program) event, the RISE Navigators connected with entrepreneurs and small business owners to provide one-on-one guidance and referrals to valuable resources. Attendees explored pathways to growth, funding opportunities, and practical advice tailored to their business needs. This free, drop-in event highlights the collaborative spirit of Southern Virginia’s entrepreneurial ecosystem.
Get in touch with RISE Navigators: Email navigator@sovarise.com
RISE Grapevine Virtual Meetup: Strengthening Entrepreneurial Networks
Entrepreneurs and ecosystem builders from across Southern Virginia gathered virtually to share updates and opportunities from local and regional entrepreneur support organizations. Topics included Beneficial Ownership Information (BOI) Reporting Requirements for LLCs and the Crater APEX consulting program for government contracting, hosted monthly at the SOVA Innovation Hub. Participants also learned about Microsoft SOVA ChangeX, which supports community initiatives, and the CIC Southern Va Entrepreneur Workshop powered by RISE, a 16-week program designed to equip aspiring business owners with essential skills.
- Beneficial Ownership Information (BOI) Reporting Info: FinCEN FAQs >
- Crater APEX Consulting (next session December 11): Email Margaret Edmond at medmond@craterapex.org
- CIC Southern VA Entrepreneur Workshop powered by RISE >
- Microsoft SOVA ChangeX Grants: Learn More >
Focus Friday: Celebrating Entrepreneurship with Coworking and Community
Entrepreneurs capped off the week with a free coworking day at the SOVA Innovation Hub, enjoying high-speed WiFi, complimentary coffee, and donuts. Attendees had the opportunity to network, explore the coworking space, and learn about the CIC Southern Virginia Entrepreneur Workshop powered by RISE, a 16-week virtual program starting February 2025, featuring expert-led training on topics like marketing, finance, and operations. Applications are now open!
The SOVA Innovation Hub offers flexible coworking options designed to support entrepreneurs, remote workers, and small businesses. With private offices, open workspaces, meeting rooms, and high-speed internet, the hub is a modern and collaborative space ideal for productivity and innovation. Memberships include access to community events, professional resources, and networking opportunities, making it the perfect base for your entrepreneurial journey.
- Apply today for the workshop: CIC Entrepreneur Workshop powered by RISE >
- Learn more about coworking options: SOVA Innovation Hub >