Helping create jobs in Virginia's e-Region
Virginia's e-Region is marketed by the Virginia Coalfield Economic Development Authority - VCEDA - a regional economic development organization created by Virginia's General Assembly in 1988 to enhance and diversify the economic base of the seven-county, one-city, coal-producing region in southwestern Virginia.
Since its creation in 1988, VCEDA has helped bring over 20,000 jobs and more than $190 million in approved funding for 290 projects throughout the coalfield region.
The region includes Lee, Wise, Scott, Buchanan, Russell, Tazewell and Dickenson counties and the City of Norton. It is an emerging East Coast center for key areas for business - electronic information technology, energy, education and emerging technologies.
A trendsetter in broadband and 4G wireless access in rural America, Virginia's e-Region has low costs of doing business, the workforce, tailored training, available buildings up to 285,000 sq. ft., sites up to 800 acres in new technology and business parks, and a way of life that makes employers and their employee families very happy.
To encourage diversification and create new jobs, VCEDA manages unique financing programs funded by taxes paid by the coal and natural gas industries in the region.
Financing is based in part upon the number of new jobs created, wage rates and amount of private investment.
To find out more about VCEDA's financing programs, Click Here.
Hear about VCEDA from industry leaders in the region.
VCEDA operates unique incentive and financing programs to encourage job creation and economic diversification.
*Financial support for:
* Financing is based in part upon the number of new jobs created, wage rates and amount of private investment.