News ReleasesHere you will find news releases in and around Virginia's e-Region.
GRUNDY, VA - April 2, 2018 – An up to $600,000 loan which will result in the creation of 12-15 new jobs in Buchanan County was closed last Thursday by the Virginia Coalfield Economic Development Authority for Apex Leasing Corporation. Apex is an affiliate of West...read more
GRUNDY, VA - March 30, 2018 – The third and final installment in a $6 million loan benefitting the Appalachian School of Law in Grundy was presented Thursday at the law school by the Virginia Coalfield Economic Development Authority. The installment amount was for $1...read more
VCEDA Closes on up to $500,000 Grant to Mountain Empire Community College Foundation for Workforce Development Initiative
LEBANON, Va. – March 27, 2018 – The Virginia Coalfield Economic Development Authority (VCEDA) closed today on an up to $500,000 grant to the Mountain Empire Community College Foundation to be used for workforce development and training at Mountain Empire Community...read more
LEBANON, VA – March 16, 2018 – Electric bicycles, mountain bikes and kayaks will be among the new adventure offerings at the Breaks Interstate Park made possible in part by an up to $39,000 grant from the Virginia Coalfield Economic Development Authority (VCEDA). The...read more
JONESVILLE, VA – March 8, 2018 – The Virginia Coalfield Economic Development Authority (VCEDA) joined Governor Ralph Northam, Secretary of Commerce and Trade Esther Lee, and other state, local and federal officials today in announcing 79 new jobs for a new...read more
GRUNDY Va. - January 18, 2018 - The Virginia Coalfield Economic Development Authority (VCEDA) closed on an up to $509,895 grant to the Buchanan County Industrial Development Authority Thursday to implement a cybersecurity pilot program in Buchanan County designed to...read more
Lebanon, VA (January 12, 2018) – Neil and Beth Walker have proactively worked with volunteer groups to help the region’s tourism industry as it grows and expands, but a few months ago, the Norton area couple took a leap of faith and decided to toss their own hats into...read more
LEBANON, Va. – January 11, 2018 – The Virginia Coalfield Economic Development Authority (VCEDA) closed Jan. 11 on up to a $150,000 grant to the Heart of Appalachia Tourism Authority (HOA) to assist with the marketing of tourism related capital improvements located...read more
LEBANON, Va. – December 22, 2017 – The Virginia Coalfield Economic Development Authority (VCEDA) is reporting 2017 as the highest funding year in its 29-year history approving and earmarking $23.6 million for 28 projects throughout the seven-county, one-city coalfield...read more
BIG STONE GAP, Va. – December 8, 2017 - A new small business in Wise County is offering battery-powered e-bikes to rent for use on the region’s mountainous biking trails and is a recipient of a $15,000 Seed Capital Matching Grant from a new funding program from the...read more
GATE CITY, Va. – Roberts Mill Suites LLC is a new business in downtown Gate City that will offer much needed rental lodging for out-of-town guests or tourists, say the owners of this small business that recently was approved for up to a $15,000 Virginia Coalfield...read more
Lebanon, VA (November 20, 2017) -- The Virginia Coalfield Economic Development Authority (VCEDA) closed last Wednesday on an up to $500,000 grant to the Southwest Virginia Community College Educational Foundation to be used for workforce development and training at...read more
Lebanon, VA (November 17, 2017) -- When Noreen Fleming was a little girl, she and her mother, Carol Wright, dreamed about opening a bakery together some day. That day arrived earlier this year when the mother-daughter team purchased a building in Dickenson County and...read more
Lebanon, VA (November 10, 2017) -- For Tom Moore and Moore2Come, it’s all about the “more” in his business name, he says – “more service, more visitors to a website or social media page and more customers.” Moore’s new business, located in Tazewell County, Va., was...read more
LEBANON, Va. – November 3, 2017 – Veritas Nurturing Center, a new daycare center in Russell County for children six weeks to five years old, has been approved by the Virginia Coalfield Economic Development Authority (VCEDA) for up to a $7,000 Seed Capital Matching...read more
RICHLANDS, Va. – October 25, 2017 – Leaders from throughout the area assembled today in the King Community Center at Southwest Virginia Community College (SWCC) for a regional summit on the economic development of the agriculture industry in the coalfield region of...read more
Lebanon, VA (October 2, 2017) – The Virginia Coalfield Economic Development Authority (VCEDA) recently achieved a milestone, having approved more than 300 projects and almost $204 million in funding in the 29 years since its creation in 1988. The unique regional...read more
HILTONS, Va. – September 13, 2017 – The Homestead on the Holston, a new outdoor wedding and event venue in Scott County, is a young business that received a Seed Capital Matching Grant from the Virginia Coalfield Economic Development Authority (VCEDA). The Homestead...read more
Next scheduled meeting of the VCEDA Board is at 3 p.m. April 19, 2018 at the VCEDA Office, 527 East Main Street, Lebanon, VA
Executive - Noon; Business Development - 1 p.m. ; Finance - 1:30 p.m.; Project Review - 2 p.m.
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.