Economic Development
Grants
Grant Description
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.
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.
SVRA 2023
Year: 2023
Amount Awarded: $175,563
The Southern Virginia Regional Alliance will add a Talent Attraction and Retention Director to their staff for three years.
Website: https://svra.org/
SVRA Berry Hill 2023
Year: 2023
Amount Awarded: $350,000
Funds various strategic efforts, such as special studies, site visit costs, and marketing enhancements, aimed at attracting a major employer to Berry Hill, contributing to regional economic development and transformation.
Website: https://svra.org/
Olde Dominion Ag Complex 2021
Year: 2021
Amount Awarded: $758,212
Facilities and outdoor expansion.
Website: https://www.theodac.com/
KDM Inventives 2021
Year: 2021
Amount Awarded: $525,000
Funding incentive for KDM to relocate from Pennsylvania to Southern Virginia.
Website: https://drbdc.com/
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