If you own a qualifying West Virginia-based company, your business may be eligible for a loan from the West Virginia Economic Development Authority from $100,000 to $15 million. Administered by the WVEDA, the Direct Lending Program offers financial assistance to fund fixed assets for creditworthy businesses that align with the West Virginia Division of Economic Development’s objectives for job…
When businesses in West Virginia are ready to expand, invest, or innovate, the West Virginia Economic Development Authority (WVEDA) is there to help make it happen. Since 1962, WVEDA has been the state’s financial partner for economic growth, helping companies secure funding, reduce risk, and access resources they might not find through traditional lending. Here’s…
West Virginia’s Foreign Trade Zone (FTZ) program helps businesses stay globally competitive by offering duty deferral, reduction, or elimination on imported goods.
When Commercial Metals Company (CMC) decided to build a state-of-the-art micro mill in Berkeley County, they turned to the West Virginia Economic Development Authority for support.
At the heart of Harpers Ferry, West Virginia, WV River Riders is proving how strategic investment, and a little help from the West Virginia Economic Development Authority (EDA), can turn a seasonal attraction into a year-round destination.
According to their CEO, the huge, state-of-the-art Mountaintop Beverage facility would not exist in Morgantown without the West Virginia Economic Development Authority. Now, they’re creating hundreds of local jobs and proudly introducing the biggest international brands to North Central West Virginia.
Mister Bee is the only potato chip made in West Virginia. Now owner, Mary Anne Ketelsen, was determined to make sure the brand would be around for generations to come. When she took over in 2018, the operation needed to be completely rehauled. With WV Economic Development Authority financing, Mister Bee was able to triple their capacity, make new products, and hire more people.
The West Virginia Economic Development Authority has supported Architectural Wood, LLC (a mill worker based out of Ronceverte, WV) from their humble beginnings to now leading large projects like the corporate offices of Under Armor or Capital One banks.
Safe UV, based in Morgantown, is creating jobs and healthier spaces in its community. Made up of West Virginia University alumni, the company manufactures germicidal ultraviolet lamps—a new product in a relatively new industry. Safe UV's founders saw the need for this technology in recent years and got to work bringing their product to market.
The aviation industry is taking flight in West Virginia. NorthStar Technologies is serving a vital role for the industry whether it’s repairing engines, inspecting and maintaining used parts, or sending teams out to work on aircrafts in the field.