If Virginia’s Gateway Region were receiving a performance review, its rating for the past five years would have to be “exceeds expectations.” And if that track record is any indication, Central Virginia can look forward to thousands of new jobs and close to $1 billion in investments in the next five years.
The state’s oldest regional economic development organization rolled out its new five-year plan on Monday in a presentation at Virginia State University to local business and community leaders. The plan, called “Driving Economic Growth and Embracing a Global Future 3.0,” or Global 3.0 for short, sets specific and aggressive goals for the next five years.
Meanwhile, the fundraising has already begun and is well past the halfway point, according to Patsy Stuard, CEO of Fort Lee Credit Union. “To date, we have already received $3.1 million in commitments to fund this program,” she said. “This represents 62 percent of our campaign goal.”