VATI awards $41M in broadband grants to localities
The Virginia Telecommunications Initiative, which funds broadband extension to unserved areas, will provide more than $41 million in grants to 10 broadband construction projects that will serve Virginians in 20 localities, Gov. Glenn Youngkin announced Wednesday. “Virginia continues to be a national leader for closing the digital divide, and today’s announcement brings us one step [&hell[...]
10 Va. companies graduate VEDP export program
Ten Virginia companies are the latest to graduate from the Virginia Economic Development Partnership’s Virginia Leaders in Export Trade (VALET) program, which helps companies work on international export growth strategies, Gov. Glenn Youngkin announced this week. The two-year VALET program helps Virginia companies that have established domestic operations use international exporting as a gro[...]
CVTC property inches closer to redevelopment
Once home to more than 3,600 people with intellectual disabilities and other conditions, the Central Virginia Training Center property in Amherst County is drawing closer to a different future. In June, Gov. Glenn Youngkin signed into law the latest state budget, which removed $25 million in tax obligations from the 350-acre site, making it more […]
Industrial space gets boost in Amherst
Amherst County has received a $3 million federal grant to attract manufacturing firms with a new 45,000-square-foot, $4.6 million industrial facility. In September, the U.S. Department of Commerce announced that it awarded a $3 million grant to the county Economic Development Authority to build a new county-owned facility, with hopes that the project would create […]
Amherst County disburses $450K to 48 local small businesses
Amherst County announced Tuesday it has disbursed $450,000 in CARES Act funding to 48 area businesses that were affected by the pandemic. The local Economic Development Authority and the Amherst County Finance Department partnered to manage the grant program. “As a small business trying to navigate through the ups and downs of this pandemic, we […]
Amherst County launches small business relief program
The Economic Development Authority of Amherst County (EDA) announced Tuesday the launch of its $500,000 Back in Business grant program, offering small businesses up to $15,000 in funding. The EDA received the funding Department of Housing and Community Development (DHCD) Community Development Block Grant (CDBG) for small business recovery assistance. Small businesses can also apply […]
Amherst County creates small business relief fund
Amherst County launched a grant program for small businesses suffering economic downturns due to the coronavirus epidemic, the county announced Tuesday. Amherst supervisors designated $300,000 in federal CARES Act funding, which will be administered by the county’s Economic Development Authority. Applications are being accepted now for locally owned, for-profit businesses in the county for p[...]