EDA awards over $95 million in grants for economic development projects in Virginia in 2022

EDA awards over $95 million in grants for economic development projects in Virginia in 2022

Economics
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Craig Buerstatte, Deputy Assistant Secretary for Regional Affairs at EDA | https://www.eda.gov/about/leadership/craig-buerstatte

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In 2022, the Economic Development Administration (EDA) issued 41 grants totaling $95,335,636 to fund economic development projects in Virginia.

This represents a 441.1% increase over 2021, when the state received $17,618,014 in funding.

Virginia ranked 12th across the U.S. in total EDA grant funding for 2022. California topped the list with $238,656,132 in funding across 57 grants.

Virginia Biotechnology Research Partnership Authority received the largest EDA grant for funding an economic development project in the state, totalling $15,750,000.

EDA Grant Recipients in Virginia in 2022
Grantee NameTotal Funding
Virginia Biotechnology Research Partnership Authority$15,750,000
Hampton Roads Workforce Council$11,006,941
Executive Office of Virginia$9,846,496
Maymont Foundation$8,000,000
City of Petersburg$7,468,487
Lonesome Pine Regional Industrial Facilities Authority$6,400,000
Virginia Commonwealth University$6,000,000
Tazewell County Virginia Board of Supervisors$4,304,709
Mountain Gateway Community College Real Estate Foundation$3,000,000
Pittsylvania County$2,400,000
John Tyler Community College$2,400,000
Brunswick County Industrial Development Authority$2,184,000
Longwood University Real Estate Foundation$1,943,222
Virginia Biotechnology Research Partnership Authority$1,800,000
Richmond County$1,721,348
Town of Boydton, Virginia$1,633,000
King and Queen Court House/ King and Queen County, VA$1,600,000
King and Queen Court House/King and Queen County, VA$1,600,000
City of Fredericksburg$1,200,000
Virginia Innovation Partnership Corporation$1,000,000
Connected DMV$604,114
The Center For Regional Economic Competitiveness$575,000
Virginia Biotechnology Research Partnership Authority$500,000
Virginia Polytechnic Institute And State University$500,000
Greater Charlottesville Area Development Corporation$299,871
Crater Planning District Commission$210,000
Chickahominy Indian Tribe$200,000
Virginia Polytechnic Institute and State University$137,923
West Piedmont Planning District Commission$115,000
Thomas Jefferson Planning District Commission$80,000
Rappahannock-Rapidan Regional Commission$80,000
Boys and Girls Club of Greater Lynchburg$75,525
Accomack-Northampton Planning District Commission$70,000
Lenowisco Planning District Commission$70,000
Central Shenandoah Planning District Commission$70,000
Cumberland Plateau Planning District Commission$70,000
Mount Rogers Planning District Commission$70,000
West Piedmont Planning District Commission$70,000
Northern Neck Planning District Commission$70,000
New River Valley Regional Commission$70,000
Southside Planning District Commissions$70,000
Nansemond Indian Tribe$70,000

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