The Virginia Tobacco Region Revitalization Commission has approved funding for 16 projects across Southwest and Southside. The grants were approved at the commission’s meeting in Bristol on Thursday. The largest is $800,000 to help expand rail service at the future Blue Star medical glove manufacturing site in Wythe County; the smallest is $2,500 for a sheep wool baler in Grayson County.
Patrick County Economic Development Authority
Patrick County Business Development Center – $500,000 Grant
The Patrick County Economic Development Authority proposes to redevelop approximately 16,000 SF of blighted commercial property in the Town of Stuart, Virginia for the purpose and use as a Business Development Center. Connecting local ideas, supporting new and existing business growth, and closing the communication gap to regional resources are important goals that this space will help to meet. Creation of support services and space for ecosystem building are considered essential to the success of modern economic development efforts and have been identified as priorities to regional investment. The impact of the COVID-19 pandemic has highlighted the need for flexible, innovative, and highly networked facilities in rural areas. Utilization of existing MBC fiber is important to this project as the need for high speed internet must be addressed.
See the full list of approved projects here: https://cardinalnews.org/2022/05/13/tobacco-commission-approves-grants-for-16-projects/