This afternoon, Governor Youngkin announced an additional $50 million to support the Virginia Business Ready Sites Program (VBRSP). VBRSP is a discretionary program to promote development and characterization of sites to enhance the Commonwealth’s infrastructure and promote its competitive business environment.

VBRSP was developed by a team of state, regional, and local stakeholders including VEDP, DEQ, railroad representatives, utility representatives, civil engineers, and other government, business, and industry representatives. Grants are considered on a competitive basis and made at the discretion of the VBRSP Project Review Committee and the Funding Approval Committee.

“The Virginia Chamber would like to thank Governor Youngkin for his leadership in allocating an additional $50 million to support the Virginia Business Ready Sites Program,” said Barry DuVal, President & CEO of the Virginia Chamber of Commerce. “This investment will significantly enhance Virginia’s competitiveness and strengthen its position as the Top State for Business.”

Click here to view Governor Youngkin’s full statement: Governor Glenn Youngkin | Governor.Virginia.gov

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About the Virginia Chamber Foundation:  

The Virginia Chamber Foundation tracks Virginia’s economic competitiveness, conducts research and analysis, and hosts programs, connected to the priorities of Blueprint Virginia. In December 2021, the Chamber released its new statewide strategic economic development plan, Blueprint Virginia 2030, which engaged over 7,000 business, economic development, workforce, education, housing, and other community leaders to lay out a plan to ensure Virginia remains at the top of national business climate rankings. Learn more at  www.blueprintvirginia.org.

About the Virginia Chamber of Commerce:

The Virginia Chamber of Commerce is the largest business advocacy organization in the Commonwealth, with more than 33,000 members. The Chamber is a non-partisan, business advocacy organization that works in the legislative, regulatory, and political arenas to act as the catalyst for positive change in all areas of economic development and competitiveness for Virginia. Learn more at https://vachamber.com/.