GO Virginia Board Approves A Second Round Of Grants

2/14/18

A pharmaceutical accelerator at Virginia Commonwealth University in Richmond, a seed fund in Hampton and a water and sewer project in Roanoke were among a second round of nine grants announced Tuesday by GO Virginia.

The state’s new regional economic development initiative, GO Virginia awards state funds to projects intended to grow and diversify regional economies across the state.

The board has approved 18 projects so far with more than $5 million in state funds. In addition, Go Virginia said the projects also have leveraged $8.5 million from other sources to assist with economic diversification efforts.

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