VIRGINIA GROWTH AND OPPORTUNITY (GO VIRGINIA) BOARD

Contact:

Sara Dunnigan
804-371-7160

The Virginia Growth and Opportunity (GO Virginia) Board is responsible for overseeing the development and implementation of the GO Virginia program, including receiving and assessing applications for funding submitted by the nine regional councils. The 24-member board consists of seven legislators, three ex-officio members from the governor’s cabinet and 14 private-sector representatives.

The Virginia Department of Housing and Community Development (DHCD) is the state agency responsible for administering the GO Virginia program on behalf of the board.

MISSION STATEMENT

GO Virginia will create more higher-paying jobs through incentivized collaboration, primarily through out-of-state revenue, which diversifies and strengthens the economy in every region.

GO VIRGINIA BOARD POLICIES

COLLABORATIVE ECONOMIC DEVELOPMENT ACT

In collaboration with the Virginia Growth and Opportunity Act, the Virginia Collaborative Economic Development Act creates the Virginia Collaborative Economic Development Performance Grant Fund to be administered by the Virginia Economic Development Partnership (VEDP) and the GO Virginia Board. Participating localities may enter into a collaborative economic development (CED) plan identifying the commitments of the participating localities to implement a collaborative approach to economic development. A CED Grant is available to participating localities that can demonstrate that such an initiative led to a company’s location or expansion in the participating localities and the company’s creation of at least 200 new jobs and capital investment of at least $25 million in the participating localities.

Virginia Collaborative Economic Development (CED) Performance Grant