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Industrial Development Bonds Can Help You Grow Your Business in West Virginia
Did you know that West Virginia offers a unique financing opportunity designed to help local businesses grow? Through the Industrial Development Bond program, companies can access low‑cost funding to build, expand, and thrive right here in the Mountain State. “The Industrial Development Bond program is such a great tool for companies to use,” said…
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The WVEDA Helps Hernshaw Farms Expand Its Operations
The old Memorial Tunnel on the West Virginia Turnpike has found a new purpose as an innovative agricultural enterprise–one that has dramatically increased production thanks to support from the West Virginia Economic Development Authority. Hernshaw Farms now grows gourmet mushrooms within the dark confines of the tunnel, which also provides the stable temperatures…
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Learn how you can become the next WVEDA success story
West Virginia’s business and manufacturing industry is driven by innovation and determination. But where do manufacturers get the funds to make those plans a reality? That’s where the West Virginia Economic Development Authority comes into play. As a public corporation established under the West Virginia Code, the WVEDA brings expertise, financial tools and partnerships to…
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WVEDA’s Direct Lending Program offers incentives for West Virginia based businesses
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…
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Building Business Momentum: How WVEDA Helps West Virginia Grow
Watch Video on Youtube 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…
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Foreign Trade Zones (FTZ)
West Virginia’s Foreign Trade Zone (FTZ) program helps businesses stay globally competitive by offering duty deferral, reduction, or elimination on imported goods.