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danville-pittsylvania-regional-industrial-facility-authority-agenda-march-10-2025_67f.pdf

RIFA seeks $10M Tobacco Commission Grant for training center

$10,000,000City of DanvilleTOBACCO COMMISSIONMarch 10, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

RIFA is applying for a $10M grant from the Tobacco Commission, matched by DRF funds, to help with the cost of a training facility, potentially flipping part of a loan into a grant. The funds could help cover debt service payments initially.

Contract Details

Contract Amount

$10,000,000

Vendor

TOBACCO COMMISSION

Agency

City of Danville, VA

Contract Type

Grant

Document Date

March 10, 2025

Contract Term

NA

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