Virginia Innovation Accelerator Receives Additional IRF Funding

The Advancement Foundation received an additional $110,000 through the Industrial Revitalization Fund (IRF) program to support the ongoing renovation of the Virginia Innovation Accelerator (VIA). The funding will be used install an eight-inch interior sewer line and an exterior sewer main. This funding will supplement a $985,000 IRF grant and a $700,000 ARC grant The Advancement Foundation received earlier this year to convert the former Mundet building in downtown Buena Vista into space for small-scale manufacturing, commercial kitchen use, business acceleration, and product development. CSPDC staff are providing grant administration assistance for the project.

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