Virginia Tobacco Region Revitalization Commission
Richmond, Virginiarevitalizeva.org
Overview
A body corporate and a political subdivision of the Commonwealth of Virginia, established in 1999. Its mission is to promote economic growth and development in tobacco-dependent communities using proceeds from the national tobacco settlement. The Commission awards grants and loans to support projects in areas like workforce development, site development, agriculture, business development, and tourism to revitalize the economies of Southern and Southwest Virginia. Since its inception, it has awarded over $1.5 billion.
Portfolio Companies
8
Website
revitalizeva.orgInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Lightshift Energy | Jan 2024 | Grant | Lead |
| Lightshift Energy | Oct 2023 | Grant | Co-investor |
| DroneUp | Aug 2022 | Grant | Co-investor |
| Traditional Medicinals | Jan 2020 | Grant | Co-investor |
| Pure Salmon | Feb 2019 | Corporate Funding | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.