(WFXR) — On Wednesday, Gov. Ralph Northam announced more than $4.4 million in grants will go towards supporting local business owners and community organizations across the Commonwealth.
The funding will be divided across 33 investment projects throughout the state to effect business development, economic recovery, and the redevelopment of industrial and commercial structures.
“This is about renovating old buildings, investing in neighborhoods, and launching new businesses,” said Northam. “These projects will greatly benefit Virginia’s local economies and business owners.”
Grants from the Industrial Revitalization Fund, Community Business Launch, and the Virginia Statewide Business District Resurgence Grant, have been awarded to various projects across Virginia.
According to a press release from the Office of the Governor, grant money through the 2022 Community Business Launch will benefit several local projects:
- RDA Dream Launch Entrepreneurship Program | $90,000, City of Danville
- Uptown Partnership Community Business Launch | $90,000, City of Martinsville
- Town of Bedford Business Launch | $65,000, Town of Bedford
Funding through the 2022 Virginia Statewide Business District Resurgence Grant will benefit some of our local communities including:
- North Main Hill Neighborhood Business District Revitalization Program | $150,000, Downtown Danville Association | City of Danville
- Entrepreneurial Support Hub for Businesses on Williamson Road Corridor | $150,000, Williamson Road Area Business Association | City and County of Roanoke and City of Salem
- Strategic Plan for Inclusion of Fifth Street Corridor in Downtown Lynchburg Association Service Area | $64,000, Downtown Lynchburg Association | City of Lynchburg
- Gainsboro Neighborhood Business Assistance Program | $50,000, City of Roanoke
For more information on these projects and a complete listing of all projects across Virginia splitting funding, you can click on this link.
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