The multi-prong strategy includes hiring a regional ecosystem builder, implementing a virtual accelerator program, and focusing on increased outreach and programming to develop a more diverse entrepreneurship community. Paul The University of Virginia’s College at Wise is partnering with SWVA Startup and Opportunity SWVA to increase the number of entrepreneurs in the region by 2027 and ensure they have access to a robust ecosystem, including support for existing, early-stage businesses. 2021 ROUND TWO REGIONAL GRANT AWARDS Southwest Virginia Regional Ecosystem Initiative Implementation | $290,850 Region 1: Cities of Bristol, Galax, and Norton and the town of St. A NIST 800-171/CMMC education program will be developed and delivered by Old Dominion University, Eastern Shore Community College, and as part of the four VA-affiliated universities and participating community colleges. 2021 ROUND TWO STATEWIDE GRANT AWARDS Cybersecurity Job Creation System | $1,450,000 Region 5 (lead): Counties of Isle of Wight and Southampton and cities of Chesapeake, Franklin, Norfolk, Portsmouth, Suffolk, and Virginia Beach Region 7: Fairfax County Regions 3, 4, 6 Old Dominion University Research Foundation will develop and deliver a cost-effective, cloud-based compliance system to help Virginia’s Department of Defense contractors achieve Cybersecurity Maturity Model Certification (CMMC) accreditation. To learn more about the GO Virginia Program, visit /gova. Since the program’s inception in 2017, GO Virginia has funded 182 projects and awarded approximately $68 million to support regional economic development efforts. “It is important to recognize the leadership of the GO Virginia regional councils and the localities partnering on these important initiatives and acknowledge their continued efforts to build stronger regional economies that provide quality job opportunities for Virginians.” “These projects will support regional priorities and help communities achieve economic growth goals now and in the future.” “The collaboration inspired by GO Virginia is evident in these projects,” said Nancy Howell Agee, who was elected to serve as Chair of the GO Virginia Board at the June 15th meeting. The awarded projects will leverage an additional $7.1 million in local and other non-state resources. “The regional approach of GO Virginia continues to spur creative economic development strategies throughout the Commonwealth,” said Secretary of Commerce and Trade Brian Ball. “These projects demonstrate how regional collaboration can drive innovation and deliver positive economic results, including diversifying our workforce, supporting entrepreneurs, and upgrading our infrastructure.” Included in this round of GO Virginia funding is one statewide project, 16 regional projects, and three projects through GO Virginia’s Economic Resilience and Recovery Program. “The targeted support that GO Virginia provides is critical to ensuring communities across our Commonwealth are well positioned to succeed in a post-pandemic economy,” said Governor Northam. This funding will support 20 projects focused on expanding workforce development and talent pipelines in key industries, growing startup businesses and entrepreneurial ecosystems, and increasing Virginia’s business-ready sites portfolio. RICHMOND-Governor Ralph Northam today announced an allocation of more than $11.1 million in Growth and Opportunity for Virginia (GO Virginia) grants to help advance economic recovery efforts across the Commonwealth. Tweet ~ Funding will support workforce and site development, infrastructure, entrepreneurial ecosystems ~
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