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EDA staff report: strategic plan finalized; Rivanna Futures wins $9.7M in state funding; biotech initiatives advance
Summary
Albemarle County economic development staff reported adoption of the county's economic development strategic plan, a $9.7 million Virginia Business Ready Sites award for the Rivanna Futures project, a pending VDOT Economic Development Access Program design application, and $15 million in state support for a bio-accelerator expansion.
Albemarle County economic development staff told the authority that the county's economic development strategic plan has been finalized and that the office is shifting to implementation work, including metrics, website updates and partnership outreach.
Staff reported that the Rivanna Futures project received a $9,700,000 award from the Virginia Economic Development Partnership's Business Ready Sites program. The EDA had applied for $14,000,000; the program's total budget this year was $40,000,000 and staff said applicants requested about $250,000,000 in…
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