Innovate Hampton Roads has revealed a revolutionary initiative aimed at transforming Portsmouth’s retail sector, known as the Portsmouth Retail Accelerator. The program, run by retail entrepreneurship specialist Bloom and funded by the Portsmouth Economic Development Authority, offers a nurturing space with an educational scheme aimed at retail entrepreneurs. Participants can keep 100% of their sales proceeds, offering them full reward for their hard work and creativity. The ultimate goal of the Portsmouth Retail Accelerator is to help businesses transition their online success to a tangible physical retail experience, thereby contributing to Portsmouth’s economic vibrancy and vitality.

About Bloom’s Retail Accelerator Program

By Tim Ryan

At Innovate Hampton Roads, our mission is to energize and elevate the entrepreneurial spirit within the Hampton Roads region. Today, we’re thrilled to share a groundbreaking initiative that promises to revolutionize Portsmouth’s retail sector.

The Initiative

Bloom, a visionary in fostering retail entrepreneurship, is launching an exceptional accelerator program designed explicitly for Portsmouth-based retailers. This initiative, generously funded by the Portsmouth Economic Development Authority, is not just an opportunity – it’s a launchpad for aspiring retail entrepreneurs in the Portsmouth community.

The Benefits

Imagine a space where your retail dreams can take flight – that’s what Bloom offers. This dedicated retail space is more than just a physical location; it’s a nurturing environment with an educational program tailored to retailers. Here, entrepreneurs like you can learn the intricate nuances of running a successful retail business.

Retain 100% of Your Sales

Keep 100% of Your Sales. Yes, you read that right! Participants in this program will have the unique advantage of retaining 100% of the proceeds from their sales. This aspect is pivotal, allowing entrepreneurs to reap the rewards of their hard work and creativity fully.

The Goal

In today’s digital age, a robust online presence is vital. However, the magic happens when you translate this virtual success into a tangible, physical retail experience. Bloom’s accelerator program is designed to do just that – help you convert ‘clicks to bricks.’ This enhances your business scope and contributes significantly to the vibrancy and economic health of Portsmouth’s retail landscape.

Take the First Step

Are you passionate, driven, and ready to embark on a retail venture in Portsmouth? Your journey begins here. We invite you to learn more about this transformative program and take the first step toward realizing your retail aspirations.

Click here to explore the program in detail and submit your application. Let’s build a stronger, more innovative Portsmouth together!

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Innovate Hampton Roads is committed to supporting and celebrating the entrepreneurial spirit in our region. Stay tuned for more stories of innovation, growth, and success in Hampton Roads. If you have a story that you’d like to share, submit it here.

Question & Answer

What is the Portsmouth Retail Accelerator program?

The Portsmouth Retail Accelerator program is a revolutionary initiative aimed at transforming Portsmouth’s retail sector, offering a nurturing space with an educational scheme for retail entrepreneurs.

Who is running the Portsmouth Retail Accelerator program?

The program is run by retail entrepreneurship specialist Bloom.

What are the benefits of participating in Bloom’s Retail Accelerator Program?

Participants can retain 100% of their sales proceeds, offering them full reward for their hard work and creativity. The program aims to help businesses transition their online success to a tangible physical retail experience.