Growth & Diversification Plan
GO Virginia Region 3 is a region of monumental potential. To plan for a future that fully employs this potential, it is imperative that we remain focused on our greatest growth and diversification opportunities and continually work to address our greatest gaps. This is the primary objective of our Growth & Diversification Plan.
Our greatest opportunity is to align our workforce talent development with our economic development in areas where we already have substantial activity and competitive advantage to transform our existing success stories into region-wide advancement.
Our greatest gap is in an aging and shrinking population. We must retain, train and grow a sustainably sized, well-qualified workforce that meets the needs of existing and future businesses and enables our region to thrive.
The Growth & Diversification Investment Plan for Region 3 was completed by experts and practitioners in relevant fields with input from local stakeholder groups. The approach to the development of the plan was designed and approved by the Region 3 Council.
The 2021 Update builds on the successes and learnings of the 2017 and 2019 Growth and Diversification Plan outcomes. It is intended to be used by the Region 3 Council as a guide to its investment decisions and to benchmark its progress against the goals that are listed. The document is also intended to be an evergreen document that can be modified as economic conditions change and progress occurs. The Region 3 Council thanks the many stakeholders who provided input into this 2021 Update.