“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.“
The Virginia Initiative for Growth and Opportunity (GO Virginia) is a bipartisan, business-led economic development initiative that is changing the way Virginia’s diverse regions collaborate on economic and workforce development activities. The objective of the GO Virginia initiative is to promote the creation of high wage careers, private sector job growth, and diversification across the Commonwealth through incentivized regional collaboration. GO Virginia funding seeks to grow jobs paying higher than the regional annual average wage, which for Region One is $34,237.
The initiative is based on three main points:
Virginia urgently needs strong private-sector growth.
Federal cutbacks have exposed our over-dependence on public-sector jobs. Virginia needs strong private-sector growth and job creation.
Growth in Virginia’s diverse regions requires collaboration.
To grow and diversify our economy, business, education, and government must collaborate effectively in each region.
State government must be a catalyst and partner.
State government must provide incentives for strategic, job-focused collaboration in each region of the Commonwealth.
5 Policy Priorities
The GO Virginia Board is the state-wide oversight group for the GO Virginia initiative; there are nine Regional Councils that work at the regional level to develop strategies to grow the region’s economy.