Economic Development Authority - Regular Meeting - April 21, 2026

The Albemarle County Economic Development Authority held a regular meeting on April 21, 2026, focusing on several procurement and economic development initiatives. Key procurement-related actions included the approval of a resolution to execute an infrastructure grant agreement with Olive Branch Gardens LLC (doing business as Penny's Imperfect Pizza) to support local food processing business expansion. The Authority also authorized a $15,000 matching fund commitment and a letter of support for the Charlottesville Albemarle Airport Authority's grant application aimed at securing new direct air service between Charlottesville and Boston, which is projected to generate $21 million in local economic impact annually. Discussions also covered potential future capital projects, including site development strategies and support for small businesses, as well as workforce development efforts in the biotech and pharmaceutical manufacturing sectors, highlighting pending grant applications totaling approximately $7 million for training facilities and programs. The meeting included updates on regional economic development collaborations, grant funding opportunities, and strategic planning for catalytic projects to accelerate economic growth in the county.