Phase 3: Campus Expansion and Mass Job Creation
Key Details & Timeline
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Phase 3 includes the construction of five additional manufacturing plants for Entrepreneurs Four through Eight.
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These facilities are scheduled for completion between year three and year four on an accelerated construction timetable.
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Each plant in this phase requires an estimated $23,000,000 capital investment, totaling $115,000,000.
The Academy's Mission
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The Phase 3 entrepreneurs will follow the same 9-month educational path, resulting in complete ownership of a fully-staffed, funded manufacturing plant.
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These facilities will fulfill major contracts by producing consumer products for national retailers such as Home Depot, Walmart, Lowes, and Target.
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Entrepreneurs will also supply parts for major assembly operations, such as STIHL in Virginia Beach.
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The capabilities of these plants will extend to manufacturing high-grade carbon-fiber and plastic pieces and parts for space travel operations at Wallops Island.
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This final phase solidifies the campus as a perpetual job creator, providing thousands of ancillary jobs and a reliable tax base for all communities on The Shore.