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Economic Development Grants

Economic Development
Grants

Grant Description

APPLY

Support local economic development projects that can either assist with incentives for new industry or help organizations that assist people in developing new and small businesses, connecting them to the resources they need to succeed at every level.

GRANT RECIPIENTS

The Launch Place

Year: 2018

Amount: $11,000,000

Information: To implement Entrepreneurship Phase 2 of the over the next 5 years for platform building, cultural change and economic development.

Website: http://www.thelaunchplace.org/

Launchpad Expansion at Haas Center

Year: 2018

Amount: $3.6M

Information: To build a 13,700 sq. ft. expansion to the Gene Hass Center at IALR that will serve as a 'rapid launch' space to help recruit advanced manufacturers to this region.

Website: http://www.ialr.org/index.php/advanced-learning/workforce-industry-training/integrated-machining-technology-capstone

Project Unison

Year: 2018

Amount: $542,000

Information: To Danville-Pittsylvania Regional Industrial Facility Authority providing financial support to secure the commitment of Unison Ltd. of Scarborough, England to establish a world class engineering, tube bending equipment manufacturing, and training facility in Cane Creek Centre in Pittsylvania County.

Website: https://www.danville-va.gov/359/Danville-Pittsylvania-Reg-Indus-Facility

Caswell Enterprise Center

Year: 2019

Amount: $724,525

Information: For the creation of the Caswell Enterprise Center - On the Square, a mixed-use incubator facility that will support an identified new company (mesur i.o.) and create a facility meant to accelerate other business development in Caswell county and the region.

Website: https://www.caswellcountync.gov/

RIFA - Harlow Fastech

Year: 2019

Amount: $150,000

Information: For an economic development incentive for Harlow Fastech, a UK based company that will open a precision sheet metal fabrication plant. The company will also establish a U.S. Training Center of Excellence, a new facility with a focus on additive

Website: https://www.danville-va.gov/359/Danville-Pittsylvania-Reg-Indus-Facility

Entrepreneurial Ecosystem

Year: 2019

Amount: $711,000

Information: A collaboration of The Launch Place, Danville Community College, Danville-Pittsylvania County Chamber of Commerce, Longwood Small Business Development Center and the River District Association for a three-year grant to enhance the local entrepreneurial ecosystem in the Dan River Region.

Website: https://www.entrepreneurecosystem.org/

Tyton BioEnergy Systems

Year: 2016

Amount: $1,500,000

Information: Support the completion of five key milestones needed to commercialize re-purposed non-smoking tobacco for making biofuels and other products.

Website: http://www.tytonbio.com/

City of Danville, VA

Year: 2014

Amount: $100,000.00

Information: Matching funds for China Strategy

Website: http://www.danville-va.gov/

Olde Dominion Agricultural Foundation

Year: 2012

Amount: $900,000.00

Information: Assistance with completion of Olde Dominion Agricultural Complex.

Website: http://www.theodac.com/

Southside Business Technology Center (SBTC)

Year: 2012

Amount: $10,000,000.00

Information: Establishment of The Launch Place

Website: http://www.thelaunchplace.org/

Industrial Development Authority

Year: 2011

Amount: $75,000.00

Information: River District Plan - $75,000 matching grant conditional of $25,000 match from City of Danville.

Website: http://www.danville-va.gov/362/Industrial-Development-Authority

Industrial Development Authority

Year: 2011

Amount: $250,000.00

Information: Up to $250,000 to assist IDA-D in the revitalization of the warehouse district by attracting new tenants to the area.

Website: http://www.danville-va.gov/362/Industrial-Development-Authority

Industrial Development Authority

Year: 2011

Amount: $730,000.00

Information: Demolition of the Downtowner Motor Lodge

Website: http://www.danville-va.gov/362/Industrial-Development-Authority

Industrial Development Authority

Year: 2011

Amount: $617,843.00

Information: River District Renewal - Purchase of Downtowner Building

Website: http://www.danville-va.gov/362/Industrial-Development-Authority

Pittsylvania County

Year: 2011

Amount: $15,438.00

Information: Economic Impact Analysis of the Old Dominion Agricultural Complex

Website: http://pittsylvaniacountyva.gov/

Southside Business Technology Center (SBTC)

Year: 2011

Amount: $15,200.00

Information: To evaluate the feasibility of the development of a specialized and affordable housing facility intended to cater to graduate students, researchers and young working professionals.

Website: http://www.thelaunchplace.org/

Dan River Business Development Center

Year: 2010

Amount: $174,000.00

Information: Three year grant to expand operational capacity to aide entrepreneurs in the region.

Website: http://www.drbdc.com/

Institute for Advanced Learning and Research

Year: 2010

Amount: $1,200,000.00

Information: "To provide start-up operational funding for development of a state-of-the-art commercial plant tissue culture propagation laboratory."

Website: http://ialr.org/

Averett University

Year: 2009

Amount: $14,000.00

Information: Planning grant for an economic impact study to better understand and plan the role Averett plays in the region.

Website: http://www.averett.edu/

Southside Business Technology Center (SBTC)

Year: 2008

Amount: $985,000.00

Information: Assist economic development through new entrepreneurship creation and existing industry expansion in Danville and Pittsylvania County

Website: http://www.thelaunchplace.org/

Industrial Development Authority

Year: 2007

Amount: $2,000,000.00

Information: Com.40 - to assist in recruiting a new manufacturing company to the area.

Website: http://www.danville-va.gov/362/Industrial-Development-Authority

Danville-Pittsylvania Regional Industrial Facility Authority

Year: 2006

Amount: $1,745,000.00

Information: IALR Research Building Upfit - Capital Project

Website: http://www.danville-va.gov/359/Danville-Pittsylvania-Reg-Indus-Facility