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Governor Terry McAuliffe announced Monday, February 29,  that two Lynchburg-area projects will receive $786,000 from the state Industrial Revitalization Fund (IRF). Bedford County will receive $600,000 of the $786,000.

In September, the Bedford County Economic Development Authority voted to establish an agreement with developer John McCormack of Waukeshaw Development to open a restaurant/brewery at 510 Grove Street in Bedford, and to seek the IRF grant to support the project. The IRF grant provides financial support for redevelopment projects promoting economic development.

Read the full article here.