News ReleasesHere you will find news releases in and around Virginia's e-Region.
BLUEFIELD, VA – March 13, 2019 -- An up to $600,000 loan to be used to finance the purchase of equipment, machinery and tools to assist with an expansion of Lawrence Brothers, Inc., which could add as many as 28 new jobs to the Bluefield, Va., company within five...read more
WISE, VA – March 11, 2019 -- An up to $1.5 million loan to the Wise County Industrial Development Authority was closed Feb. 26 by the Virginia Coalfield Economic Development Authority (VCEDA) for the Carbon Research and Development Co. project at the Graphene Research...read more
LEBANON, VA – March 8, 2019 – Marking a 30th anniversary, the Virginia Coalfield Economic Development Authority (VCEDA) released its 2018 Annual Report showing approval of $15 million for 45 loans and grants, and reporting 41 new projects and expansions in 2018, the...read more
TAZEWELL, VA -- February 11, 2019 -- An up to a $150,000 loan from the Virginia Coalfield Economic Development Authority (VCEDA) Tourism Capital Improvement Matching Fund was closed Friday for Tazewell Cinema & Entertainment, LLC which will result in the reopening...read more
NORTON, VA – December 31, 2018 - Two Wise Countians who have been friends for years from the ballfields where their children played are bringing a new dining option to the area, partners in a business that is a recent recipient of a seed capital matching grant from...read more
TAZEWELL, VA – December 26, 2018 -- Cousins Derek Pridgen and Terrence McDonald used to talk about opening their own business -- about opening a sports bar in Tazewell, Va., where they both grew up -- a place where locals and tourists alike could drop by and meet...read more
ROSE HILL, VA. – December 22, 2018 –A long-time farming family in this Lee County community, Bobby McPherson and his father wanted to give fellow farmers in their area more options to buy and service farming equipment. In February, 38-year-old Bobby McPherson created...read more
BREAKS, VA – December 19, 2018 -- An up to $43,144 grant for infrastructure and improvements at the Breaks Interstate Park was approved and awarded to the park last week by the Virginia Coalfield Economic Development Authority (VCEDA). The grant will be used to...read more
View and Download the Chmura study. LEBANON, VA - December 14, 2018 – Celebrating its 30th anniversary, the Virginia Coalfield Economic Development Authority (VCEDA) has released the results of a study showing the total annual economic impact of VCEDA is estimated to...read more
CLINTWOOD, VA – December 10, 2018 – Showcasing the beauty and landscapes of Southwest Virginia was a motivating factor for Dickenson County native Brad Deel to establish a new business in the region that is one of the latest recipients of a seed capital matching grant...read more
TAZEWELL, VA – December 7, 2018 -- With the closing of a major retail store in the Tazewell area earlier this year, Sharon and John Thomas saw a void that perhaps they could help to fill and with the assistance of a $10,000 seed capital matching grant from the...read more
TAZEWELL, VA – December 3, 2018 -- A recent Virginia Coalfield Economic Development Authority (VCEDA) seed capital matching grant awarded to Tazewell Co. Mercantile LLC in Richlands has made a difference, according to Bond Strong, its owner, who says, “it’s meant...read more
HONAKER, VA – November 28, 2018 – Describing himself as a man of faith, Tim Whited, 36, of Honaker says his new company, Praise Aeronautics LLC, is a prayer answered and a dream. Formed in March by the Russell County native, his company offers drone operations such as...read more
TAZEWELL, VA – November 20, 2018 -- What first started as a customer-client relationship for Amanda Hoops and Amanda Wright, both of Tazewell, turned into a 50-50 business partnership when the two decided to open Bliss on Main, a boutique clothing store in downtown...read more
CLINTWOOD, Va. – November 19, 2018 – Come spring a commercial greenhouse offering flowers and ornamental and landscape plants for sale is scheduled to open in this Dickenson County community, a new business that is a recent recipient of a $10,000 Virginia Coalfield...read more
BLUEFIELD, VA – November 15, 2018 -- A $1.4 million loan to AMR Pemco in Tazewell County to be used toward a planned expansion at the Bluefield, Va., facility was closed Thursday by the Virginia Coalfield Economic Development Authority (VCEDA). Proceeds from the loan...read more
CEDAR BLUFF, VA – November 9, 2018 -- Crop dusting has taken a step into the 21st Century with the application of drone technology which Don and Cheryl Nelson are bringing to Southwest Virginia through their new business, Remote Agri Drone LLC. The Nelsons’ new...read more
WHITEWOOD, VA – November 2, 2018 -- Two new cabins are planned to be constructed in the White Mountain area of Buchanan County as a result of Virginia Coalfield Economic Development Authority (VCEDA) action to award a $10,000 seed capital matching grant to White...read more
Next meeting of the VCEDA Board is tentatively scheduled for 3 p.m. August 15, 2019 at the VCEDA Office, 527 East Main Street, Lebanon, Va.
Committee Meetings: Executive - Noon; Business Development - 1 p.m.; Finance - 1:30 p.m.; Project Review - 2 p.m.; Full Board - 3 p.m.
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.