Montgomery County, VA – Governor Ralph Northam announced this week that two projects in Virginia’s New River Valley will be among those recommended to receive funding from Appalachian Regional Commission (ARC) grants to help stimulate economic development. Close to $775,000 in grants will be awarded to the local projects which will enhance the quality of life for residents in Virginia’s New River Valley. The ARC will finalize approval of these awards later in 2020.
Here is more detailed information from the press release about both of the projects:
Downtown Christiansburg Community Gathering Space
$275,000 ARC Award
Town of Christiansburg
The Christiansburg Community Gathering Space will create a welcoming farmers market and multipurpose cultural anchor space in downtown Christiansburg that will act as a catalyst for future economic growth and vibrancy, and serve the need for both programmed and spontaneous outdoor public space use.
YMCA at Virginia Tech – Y Cares Childcare Center
$499,985.50 ARC Award
Town of Blacksburg
The YMCA at Virginia Tech’s Y Cares Children Center is designed to create approximately 20 to 25 new full-time jobs in the region and provide training and mentor opportunities to individuals entering the workforce.
Read the full press release, including information on the other 15 projects, here.
Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.