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Virginia Tobacco Indemnification and Community Revitalization Commission
The Virginia Tobacco Indemnification and Community Revitalization Commission is a 31-member body created by the 1999 General Assembly. Its mission is the promotion of economic growth and development in tobacco-dependent communities, using proceeds from the national tobacco settlement. To date, the commission has awarded 1,068 grants totaling more than $518.9 million across the tobacco region of the commonwealth and has provided $234 million in indemnification payments to tobacco growers and quota holders.
The Commission's service area includes 41 localities in Southwest and Southside Virginia. Local governments and nonprofits serving those areas are eligible to apply to for commission grants for projects that will enhance the economic growth and development of the region. Today, the Commission has set aside $100 million to seed fund technology and energy programs. The first projects have been funded and more are pending approval by the Virginia Economic Development Partnership.
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