AGENDA DATE: 9/7/2016
TITLE:
Title
Resolution of Support for Virginia Initiative for Growth & Opportunity (GO Virginia)
BODY
SUBJECT/PROPOSAL/REQUEST: A request from the Central Virginia Partnership for Economic Development (CVPED) for the County's support in designating CVPED as the lead organization to execute the GO Virginia Initiative for Planning Districts 9 and 10.
ITEM TYPE: Consent Item
STAFF CONTACT(S): Foley, Kamptner, McClintic
PRESENTER (S): N/A
LEGAL REVIEW: Yes
REVIEWED BY: Thomas C. Foley
BACKGROUND: The Central Virginia Partnership for Economic Development serves as the regional economic development organization for all of Planning District 10 (Charlottesville and the counties of Albemarle, Fluvanna, Greene, Louisa and Nelson) and most of the counties in Planning District 9 (Culpeper, Madison and Orange). Since the GO Virginia initiative was first introduced in 2015, the CVPED Board has taken an active role in creating awareness and informing Partnership members about the new State program that was formally approved and funded by the General Assembly during the 2016 session.
The Virginia Initiative for Growth and Opportunity in each region (GO Virginia) was initiated by the Virginia Business Higher Education Council (VBHEC) and the Council on Virginia's Future to foster private-sector growth and job creation through State incentives for regional collaboration by business, education, and government. Recognizing the harsh effect of deep federal budget cuts on a Virginia economy that is overly dependent on public sector jobs, business leaders formed the GO Virginia campaign to work for regional cooperation on private-sector growth, job creation, and career readiness. Bipartisan and business-led, the coalition favors State incentives to encourage effective collaboration among business, education, and government in each region, providing a framework for implementation of the private sector-focused strategies of leading business or...
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