Economic Development Panel Backs Funding For 5 Western Virginia Projects

A regional economic development council has recommended five projects for state funding under the new GO Virginia initiative.

Two of the proposals involve construction: building water and sewer lines on a 109-acre site that is being primed for economic development at the intersection of Interstate 81 and Interstate 581 in Roanoke County, and the completion of grading for a potential new tenant at the New River Valley Commerce Park in Pulaski County.

Three other projects entail studies or collaboratives: a strategy to retain college graduates in the region who leave for jobs elsewhere, the expansion of a worker training program to make better use of local talent, and a study that will identify sources of capital for high-growth companies.

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