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Virginia Economic Development Partnership highlights job growth and investment in rural areas

January 02, 2025 | Department of Housing and Community Development, Executive Agencies, Executive, Virginia


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Virginia Economic Development Partnership highlights job growth and investment in rural areas
The GO Virginia Board made significant strides in economic development during its meeting on December 10, 2024, highlighting the impact of strategic investments in rural communities. Board members celebrated the certification of 16 industrial sites, elevating seven from tier two to tier five, which is expected to enhance job creation and attract capital investment in the region.

The meeting underscored the importance of collaboration among various stakeholders, including the Southern Virginia Regional Alliance and the Virginia Economic Development Partnership. This teamwork has resulted in the creation of 7,823 jobs and over $3.14 billion in capital investment, marking a transformative period for rural areas that typically see lower economic activity.

In addition to discussing economic achievements, the board recognized the contributions of founding members Jim Dyke, Pietro Gianni, and the late Senator Frank Ruff, acknowledging their dedication to the GO Virginia initiative and the Commonwealth. The board unanimously approved a consent agenda that included minutes from previous meetings and updates to board policies to ensure compliance with legislative changes.

As the meeting concluded, board members expressed their commitment to continuing partnerships that drive economic growth and development in Virginia's rural communities, setting a positive tone for future initiatives. The outcomes of this meeting reflect a proactive approach to fostering economic resilience and opportunity across the state.

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Scribe from Workplace AI
Scribe from Workplace AI