Governor Northam Announces More Than $780,000 in GO Virginia Grants
Governor Ralph Northam today announced more than $780,000 in Growth and Opportunity for Virginia (GO Virginia) funding for five regional projects. The GO Virginia Board, which includes key members of the Governor’s cabinet, the General Assembly, and the business community, reviewed and approved three grant requests, and the Virginia Department of Housing and Community Development (DHCD) reviewed and administratively approved two additional grants. These grants will support efforts to strengthen and diversify regional economies, build a more robust pipeline of workers to support targeted industry sectors, and encourage collaboration among local governments, public sector partners, and private industry.
“GO Virginia is fostering regional collaboration among business, education, and government leaders and supporting the implementation of innovative approaches to meet their workforce and economic development needs and address structural barriers that may impede regional growth,” said Governor Northam. “These grant awards will also leverage an additional $904,000 in non-state resources to assist with economic diversification throughout Virginia and build new capacity in our communities, helping to position them for long-term success.”
The GO Virginia grants will be used to implement projects that align with each region’s Growth and Diversification Plan. These locally developed plans identify priority industry sectors and strategies based on each region’s assets. Initiatives that advance strategies developed through the planning process are key in strengthening each region’s economy and creating better career opportunities for Virginians. The board approved the most recent revisions to the nine regional Growth and Diversification plans, which are updated biennially.
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