Virginia Tobacco Region Revitalization Commission
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 |
|---|---|---|---|
| Micronic Technologies | Sep 2014 | Grant | Co-investor |
| Panaceutics Nutrition | Mar 2018 | Grant | Co-investor |
| Circ | - | Grant | Co-investor |
| DroneUp | Aug 2022 | Grant | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Virginia Tobacco Region Revitalization Commission based?
Virginia Tobacco Region Revitalization Commission is headquartered in Richmond, Virginia, United States.
When was Virginia Tobacco Region Revitalization Commission founded?
Founding year information for Virginia Tobacco Region Revitalization Commission is not publicly available.
How many portfolio companies does Virginia Tobacco Region Revitalization Commission have?
Virginia Tobacco Region Revitalization Commission has 8 portfolio companies in Caplight's dataset.
What are some companies in Virginia Tobacco Region Revitalization Commission's portfolio?
Portfolio companies visible on Caplight include Micronic Technologies, Panaceutics Nutrition, Circ, DroneUp.
What was Virginia Tobacco Region Revitalization Commission's most recent investment shown here?
Virginia Tobacco Region Revitalization Commission's most recent investment in this portfolio sample was in DroneUp in 2022.
What sectors does Virginia Tobacco Region Revitalization Commission focus on?
Virginia Tobacco Region Revitalization Commission focuses on Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Mobility, Transportation & Logistics, Consumer & Commerce, Energy & Sustainability, Frontier & Industrial Tech, Consumer & Commerce, Healthcare & Life Sciences, Frontier & Industrial Tech, Frontier & Industrial Tech, Healthcare & Life Sciences, Energy & Sustainability, Frontier & Industrial Tech, Mobility, Transportation & Logistics.
What company stages does Virginia Tobacco Region Revitalization Commission focus on?
Virginia Tobacco Region Revitalization Commission typically invests at the MultiStage stage.