Gov. Northam announces GO Virginia Funding in support of Economic Recovery, Regional Workforce Development, Entrepreneurial Ecosystems

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RICHMOND, Va. (WFXR) – On Thursday, Gov. Northam announced that Growth Opportunity for Virginia (GO Virginia) will award more than $5.5 million to support projects to aid in addressing economic and public health challenges created by the COVID-19 pandemic.

The four regional projects and one statewide competitive project receiving funding are focused on strengthening the health sciences workforce pipeline, advancing new renewable energy ventures, and developing a regional services network for entrepreneurs.

Three of the approved projects were funded through the new GO Virginia Economic Resilience and Recovery Program, which is designed to support activities that mitigate the economic impact of the pandemic.

“The COVID-19 pandemic has brought on unprecedented challenges for businesses, and Virginians in every corner of the Commonwealth continue to demonstrate resilience and ingenuity in navigating this health crisis. These projects represent tremendous opportunities for regional collaboration with resources dedicated to our economic recovery while staying true to the GO Virginia mission of creating quality jobs and driving positive growth.”

Governor Northam

Grant award recipients include:

  • GENEDGE – Retooling Virginia Manufacturers for Strategic Industries (All GO Virginia Regions): $2,950,000
    • GENEDGE will expand the capabilities of existing Virginia manufacturers to develop sustainable ongoing revenues in the areas of personal protective equipment (PPE) as well as other medical equipment and supplies. This imitative will help manufacturers diversify markets and product offerings in response to federal initiatives that support re-shoring critical and strategic sectors, intentionally reducing sourcing risk.
  • Virginia Tech Workforce Training and COVID-19 Response (Region 2: Alleghany, Botetourt, Craig, Giles, Montgomery, Pulaski and Roanoke Counties, and the cities of Covington, Radford, Roanoke and Salem): $925,000
    • The Office of the Vice President for Health Sciences and Technology at Virginia Tech will receive a follow-on GO Virginia grant to increase capacity at the two newly established laboratories in Blacksburg and Roanoke to allow for COVID-19 testing over a one-year period and develop an internship pipeline for full-time positions.
  • Bridge To Recovery (Region 3: Amelia, Brunswick, Buckingham, Charlotte, Cumberland, Greensville. Region 4: Halifax, Henry, Lunenburg, Mecklenburg, Nottoway, Patrick, Pittsylvania and Prince Edward Counties, and the cities of Danville, Emporia, Farmville and Martinsville): $925,000
    • The Southern Virginia Regional Alliance and the Virginia Growth Alliance are leading a comprehensive and collaborative approach with a coalition of economic developers, chambers of commerce, and localities to provide technical assistance and subsidize support to key business sectors during the pandemic and help prepare them for the recovery steps ahead.
  • Offshore Wind Supply Chain Hub Development (Region 5: Isle of White and Southampton Counties and the cities of Chesapeake, Franklin, Hampton, Newport News, Norfolk, Poquoson, Suffolk and Virginia Beach): $529,788
    • The Hampton Roads Economic Development Alliance, in partnership with the Port of Virginia, the Department of Mines, Minerals, and Energy, Virginia Economic Development Partnership, Old Dominion University, and local chambers of commerce, will build an offshore wind supply chain by targeting and attracting suppliers to establish operations in the region.
  • Startup Shenandoah Valley (Region 8: Augusta, Bath, Clarke, Frederick, Highland, Page, Rockbridge, Rockingham, Shenandoah and Warren Counties, the cities of Buena Vista, Harrisonburg, Lexington, Staunton, Waynesboro, and Winchester, and the towns of Front Royal and Strasburg): $628,953
    • The Staunton Creative Community Fund will kick start a vibrant entrepreneurial ecosystem that will deliver dedicated staff, partnerships with regional assets, workspaces, connections to mentorship, and access to capital to companies with a high potential for growth and success.

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