Region Has Unique Incentive & Financing Programs
There are a number of unique incentive and financing programs available in Southwest Virginia’s e-Region designed to encourage the creation of new jobs and economic diversification.
One of the newest incentive programs is HB222 New Company Incentive Program. Check out this video that explains the program.
The Virginia Coalfield Economic Development Authority (VCEDA) provides low-interest loans to for-profit basic employers and industrial development authorities. For further information on VCEDA financing programs, Click Here.
Other incentive and financing programs are operated by the Virginia Tobacco Indemnification and Community Revitalization Commission, the Virginia Economic Development Partnership, the Virginia Small Business Financing Authority, and countless other organizations. For further information on these programs, Click Here.
To download the Virginia Guide to Business Incentives published by the Virginia Economic Development Partnership, Click Here.
All incentives and financing programs are subject to certain eligibility, application, due diligence, and approval requirements.
INCENTIVE AND FINANCING INFO
Southwest 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, VCEDA has helped create more than 20,000 jobs.