Resources

State and Federal Resources

Supporting existing industry in the Greenbrier Valley is vital to healthy economic growth and is an important component of the Partnership’s economic development strategy. Up to 80% of all new jobs are created by existing businesses and we stand ready to assist local firms as they expand within the Region.  Our team partners with local business leaders, local governments, and higher education institutions, to provide accurate, timely, and customized information vital to companies looking to compete and grow.

The Greenbrier Valley Partnership tracks, quantifies, and presents to the local community regional economic data in order to identify trends affecting the regional business climate. This research as well as private and public sector input is incorporated in our recruitment strategy, which is designed to recruit companies that would strengthen and expand local industry clusters and increase employment opportunities for the region’s citizens.

WV EDA Programs

The Direct Loan Program is for applicants seeking a loan from the WVEDA in the minimum amount of $50,000 and a maximum amount of $10,000,000.
[ More Info ]

Tax-Emempt Industrial Development Bonds. The State of West Virginia has available each calendar year the authority to issue tax-exempt Industrial Development Bonds.
[ More Info ]

Loan Insurance Program. Per the guidelines of this program, the WVEDA could insure up to 80% of a bank loan. The insured portion cannot exceed $500,000 and is for a maximum term of four years.
[ More Info ]

Venture Capital. Seven professionally managed venture capital funds focused upon entrepreneurship in West Virginia with a leveraged potential capacity in excess of $575 Million dollars.
[ More Info ]

The West Virginia Economic Development Grant Committee was established to authorize bonds for qualified economic development, infrastructure and capital improvement projects in West Virginia.
[ More Info ]

Recovery Zone Economic Development Bond Volume CAP. WVEDA is responsible for the reallocation of unused volume cap.
[ More Info ]

Information

Foreign Trade Zones – Foreign-trade zones are secure areas under U.S. Customs supervision that are considered outside the Customs territory of the United States.
[ More Info ]

Business Investment Tax Credit – Foreign-trade zones are secure areas under U.S. Customs supervision that are considered outside the Customs territory of the United States.
[ More Info ]

Enterprise Advancement Technology Centers – Foreign-trade zones are secure areas under U.S. Customs supervision that are considered outside the Customs territory of the United States.
[ More Info ]