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Rural Virginia: Championing Economic Essentials and Sustainability

Understanding the economic essentials and sustainability of Virginia's rural regions, focusing on population growth, job creation, and income generation. Explore challenges and solutions for rural economic development, including infrastructure, incentives, and community capacity building.

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Rural Virginia: Championing Economic Essentials and Sustainability

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  1. Leading Advocate for Rural Virginia

  2. Economic Essentials Sustainability

  3. Virginias Crescent and Rural Regions

  4. Understanding Rural Population growth Job Growth Capacity to generate jobs Entrepreneurial presence Per Capital Income Transfer Payments Local government services Local School Districts

  5. Agriculture Industry Industry Workforce Output Total 357,000 $55 B Production 60,000 $2.9 B Value-added 76,000 $26 B Ag-related 221,000 $26 B

  6. 2000-2010 Rural vs.Virginia Gap Sector Rural VA Population +0.85% +1.21% Employment +0.05% +0.43% Per Capita Income $32 K $38 K Transfer Pmt. +4.0% +2.3% L Gov. Fiscal 51.2% 64.8% LCI (Education) 37.1% 45.0%

  7. Challenges Finding an area of economic strength upon which to build – a competitive advantage

  8. Solutions K12, adult education, credentialing, and workforce training Infrastructure - Broadband Targeted Incentives for job creation Access to Capital Community Capacity – critical mass, scale, collaboration, leadership

  9. www.cfrv.org www.rvpc.vt.edu

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