SOVA Innovation Hub Grant Recommended for RISE THRIVE | Virginia Tobacco Region Revitalization Commission | SOVA INNOVATION HUB CORPORATION

SOVA Innovation Hub Grant Recommended for RISE THRIVE

Commission staff recommended a $350,000 grant to SOVA Innovation Hub Corporation for the two-year RISE THRIVE entrepreneur-support initiative. The program would provide accelerator training, business navigators, and subsidized professional services to Southern Virginia entrepreneurs.

Document date · September 23, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$350,000

Contract type

CONSULTING

Contract term

Two years, beginning July 2026

Renewal date

2028-06-30

Renewal

Two-year operating-support period; existing business navigators are expected to be retained beginning July 2026.

Document type

StaffReport

Source document

Virginia Tobacco Region Revitalization Commission Staff Report Southern Virginia Committee Meeting 2025-09-23

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the consulting contract by Virginia Tobacco Region Revitalization Commission?

Sova Innovation Hub Corporation was awarded this consulting contract by Virginia Tobacco Region Revitalization Commission, as recorded on September 23, 2025. The contract value is $350,000.

How much is the Sova Innovation Hub Corporation contract with Virginia Tobacco Region Revitalization Commission worth?

The Sova Innovation Hub Corporation contract with Virginia Tobacco Region Revitalization Commission is valued at $350,000, covering consulting work.

What type of contract is this?

This is a Consulting contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Virginia Tobacco Region Revitalization Commission Staff Report Southern Virginia Committee Meeting 2025-09-23 (StaffReport), dated September 23, 2025 from Virginia Tobacco Region Revitalization Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sova Innovation Hub Corporation hold?

Sova Innovation Hub Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Sova Innovation Hub Corporation's profile

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