APPLY TO REGION ONE GRANT PROGRAMS
APPLICATION REVIEW PROCESS
REVIEW COMMITTEE OF GO VA REGION ONE COUNCIL
SUBJECT MATTER EXPERTS (SMEs)
WORKING GROUP OF SMEs
In determining the eligibility of the region and the amount of monies to be awarded for grant requests, the GO Virginia Board and the Region One Council will follow these weighting criteria. The GO Virginia Board reserves the right not to make an award to proposed grant requests that have a low score in one or more of the following areas:
Economic Impact (35%)
Regional Collaboration (30%)
Project Readiness (20%)
Project Sustainability (15%)
In order to be considered by the Regional Council, applications for funding must be received 45 days prior to the Region One Council meetings. Letters of Intent are recommended 30 days prior to the Region One application deadlines.
GO VIRGINIA ECONOMIC RESILIENCE & RECOVERY GRANT PROGRAM
The GO Virginia State Board has dedicated up to $14.66M from the PY20 statewide competitive pool to create the GO Virginia Economic Resilience and Recovery Grant Program (ERR) to respond to the unprecedented economic conditions facing Virginia due to the near and long-term effects of the coronavirus on regional economies. This program would help regions build capacity to support and serve existing businesses, prioritizing traded sectors and essential businesses, including the healthcare system and its supply chain during this crisis.
Region One is eligible to apply for up to $1.0M with $5.66M in reserve for all regions for extraordinary need or extraordinary positive economic impact. The ERR program requires a 2:1 match and the match must come from non-state sources of revenue. No local match is required. All GO Virginia projects require the participation of two or more localities. If no local match (cash or in-kind) is provided, letters of endorsement from two or more localities or a public body representing the interest of two or more localities will be required and the project must demonstrate meaningful participation of those public bodies.
This program is time limited, with an initial 12-month application window (April 18, 2021) unless extended by the GO Virginia State Board.
Key activities as part of this program would include:
1. Reevaluate priorities in Growth and Diversification plans;
2. Prioritize identified industry targets based on immediate impact and influence on the regional economy;
3. Assess community and business needs; and
4. Focus resources on actionable strategies that expand or build needed capacity and that support sustaining and expanding firms in targeted industry clusters and/or highly impacted locally traded sectors as identified by the regional councils.
Regional Councils may wish to partner on projects that have significant statewide impact and where they have shared interests (industry focus, common strategies) or where there would be efficiencies in operating at scale. Two or more partnering councils may apply for the $5.66 M available for statewide projects. A lead Council must receive, review, and approve the project and submit it for consideration by the State Board. Partnering Regions must have meaningful involvement and have their respective Council formally endorse the application.
GO VIRGINIA REGION ONE FUNDING
GO Virginia Region One is accepting applications for funding projects that could boost the region’s economy. Projects funded will address one or more of the Council’s target areas, which include growing and strengthening industry sectors such as advanced manufacturing, agriculture/food and beverage manufacturing, information and emerging technologies as well as energy and minerals through activities such as talent development and retention, increasing innovation and infrastructure development.
Region One anticipates funding projects in varying amounts with project periods not exceeding two years. Each project requires a dollar for dollar match, which must come from a non-state appropriated source such as non-state public entities, federal or local funds, private sources or in-kind contributions.
Additionally, the goal of the State GO Virginia Board is to promote cross-jurisdictional collaboration. At least two or more localities (counties or independent cities) must be engaged in the project. The primary purpose of GO Virginia is to create higher paying jobs, greater than the annual average wage of the region, which is $34,823. Projects to be funded must align with the Region One Growth and Diversification Plan.
ADDITIONAL APPLICATION DOCUMENTS
The following templates are available for applicants to complete and return with the application submission: