Funding to advance regional workforce development programs, business scale-up initiatives in response to COVID-19 pandemic

RICHMOND—Governor Ralph Northam today announced two allocations of Growth and Opportunity for Virginia (GO Virginia) grants, totaling more than $9 million.

The first allocation of more than $7.8 million will support 11 regional projects and two statewide projects. The funding will help advance innovative workforce development initiatives designed to expand employment in the technology and maritime sectors and grow Virginia’s portfolio of business-ready sites. The grant awards will leverage an additional $15 million in non-state resources to support ongoing recovery and economic diversification efforts throughout Virginia.

The second allocation of over $1.4 million was awarded to 19 projects through the new Economic Resilience and Recovery Program that created by the GO Virginia Board in April to quickly deploy resources that will help communities mitigate the economic impacts of the COVID-19 pandemic. Information on the projects receiving funding through this program is available here.

Since the program’s inception in 2017, GO Virginia has funded 138 projects and awarded approximately $43.8 million to support regional economic development efforts. More information about the GO Virginia program can be found here. The GO Virginia Board includes key members of the Governor’s cabinet, the business community, and the General Assembly.

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