Date of Award


Document Type


Degree Name

Master of Business Admin


Business Administration


This study explores, by a survey of available published materials, the role of city economies in the national economy, the role of entrepreneurial small business in the economy of the city in which it is located, and the means available for promotion of small business in urban economic development initiatives undertaken by government and private sector organizations. In addition to a survey of the literature, investigation included interviews with key personnel concerning efforts being made, both in the past and in the present, in the private sector and by various local, state, and federal government instrumentalities to foster the development of small business in the Commonwealth of Virginia and the city of Richmond. The study summarizes the results of this research. Finally, the study reveals criticisms of many of these efforts, and draws some conclusions concerning the economic health of small business and its role in Virginia and the Richmond economy, and makes recommendations concerning how the economic development resources for urban small business in the Commonwealth of Virginia might be enhanced.