Board approves regions’ growth and diversification plans; allows regions to move on to identify projects to create more higher paying jobs

RICHMOND — GO Virginia (www.govirginia.org), the initiative to create more higher-paying jobs across Virginia through business-led regional collaboration, continues to advance as the Board today approved the nine regional growth and diversification plans and finalized the scoring criteria that will be used to review and approve grant applications. The work each of the regions has done to identify areas of opportunity will inform the types of projects to be funded later this year to grow and diversify their economies.

Growth and Opportunity Board Chairman John O. “Dubby” Wynne said, “At a time when Virginia is lagging behind the nation in salary growth and looking to regain its number one ranking for business, GO Virginia presents a unique opportunity for regions to collaborate to lift up the Commonwealth by creating higher-paying jobs through diverse and vibrant economies in every region of Virginia. Completing the nine economic growth and diversification plans is a vital step to ensuring we effectively use the grant funds made available to us.”

About GO Virginia: GO Virginia is an effort to create more higher paying jobs through incentivized collaboration and out of state investment that diversifies and strengthens the economy in every region of the Commonwealth. The coalition is comprised of business and community leaders, partners in education and government, and interested Virginians from across the Commonwealth who support regional cooperation to enhance economic and workforce development. Bipartisan and business-led, the coalition supports state incentives to encourage collaboration among business, education, and government in each region, providing a framework for implementation of the private sector-focused growth strategies. Learn more and join the coalition at www.govirginia.org.

 

For Immediate Release

Contact:

Gena McGroarty
info@govirginia.org
804.775.1941