e-Region News & EventsFind the latest information about happenings in Virginia's e-Region!
An up to $3,373,287.00 loan to the Russell County Industrial Development Authority (IDA) was closed recently by VCEDA to build out the Russell County shell building for Polycap LLC. From left, (seated) are Tom Lato, Polycap president; Jonathan Belcher, VCEDA...read more
VCEDA closed a loan for up to $300,000 to the Scott County Economic Development Authority to be used to develop a new industrial site in Scott County. On hand for the ceremonial check presentation were, from left, John Kilgore, Scott County Economic Development...read more
VCEDA Approves $15 Million for Projects in 2018 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...read more
VCEDA closed on an up to $150,000 loan to Tazewell Cinema & Entertainment. On hand for the Feb. 8 loan closing were, from left, Pam Warden, Tazewell County economic development manager; Jonathan Belcher, VCEDA executive director/general counsel; Sharon Thomas,...read more
VCEDA Marketing Ambassador Mary Rae Carter represented VCEDA earlier this month at the Virginia Tobacco Region Revitalization Commission's reception and meeting in Richmond, Va., preceding the opening session of the Virginia General Assembly. Joining her in the photo...read more
VCEDA Celebrates 30 Years of Regional Economic Development; Honors Legislators Celebrating its 30th anniversary, the Virginia Coalfield Economic Development Authority (VCEDA) held a special event following its December 13 board meeting and released the results of a...read more
VCEDA Closes Loan to AMR Pemco for Expansion; Awards Three Seed Capital Matching Grants; Welcomes New Business Outsourcing Business to Region
VCEDA Closes $1.4 Million Loan to AMR Pemco for 75-Job Expansion at Bluefield, Va. Plant VCEDA closed a $1.4 million loan to AMR Pemco in Tazewell County to be used toward a planned expansion at the Bluefield, Va., facility on Nov. 15. Proceeds from the loan will be...read more
VCEDA Awards Seed Capital Grants to 11 New Small Businesses; Closes on Tourism Grants; Markets to HUBZone, Unmanned Systems, Commercial Real Estate Professionals
Three New Drone Businesses Among VCEDA Seed Capital Grant Recipients Eleven new small businesses in Southwest Virginia’s e-Region, including three drone-related companies, were approved for seed capital grant match funding at the Oct. 18 VCEDA board meeting. The new...read more
Region VII Students Best in State in Test Scores; Ultra Health Holds Ribbon Cutting; VCEDA Awards Seed Capital Grant, Closes Loan on Broadband Expansion, Markets to International Manufacturing Companies
Region VII Students Had Highest Average in State in SOL Pass Rates in Math, Science and Reading Students in Region VII schools in Virginia, which includes the VCEDA region counties, had the highest average Standards of Learning (SOL) test pass rates in the state in...read more
No Holds Barred Sauces Receives VCEDA Seed Capital Grant When it comes to flavor, there are no holds barred by Deirdre Deel, of Haysi, owner of No Holds Barred Sauces LLC. From her home kitchen in Dickenson County, Deel makes, bottles and distributes specialty sauces...read more
VCEDA Approves Funding for Water Line; Go Global with Coal and Energy Technology Graduates; Awards Two Seed Capital Grants
VCEDA Approves Loan for Red Onion Water Line VCEDA closed an up to $1,004,890 loan to the Dickenson County Industrial Development Authority July 18 to be used to replace the water line servicing the Red Onion Industrial Park and the Red Onion State Prison in Dickenson...read more
VCEDA Approves $1 Million Loan for Wood Products Company Expansion; Awards $25,000 Grant for Trail Project; Helps Two Businesses with Seed Capital Matching Grants
Mountain Top Timber Products to Expand Operations at former Louisiana Pacific Facility in Scott County VCEDA joined Gov. Ralph Northam, Scott County, and other state and local officials July 6 in announcing a regional wood products company’s expansion project in the...read more
VCEDA Provides Seed Capital Matching Grants to Three Businesses; VCEDA Team Attends Foreign Investment Summit
VCEDA Awards Seed Capital Matching Grant to Healios Health Center in Wise County For Starla Kiser, opening her own medical practice has been a long-held dream, ever since the Dickenson County native was in medical school at Harvard. That dream came true in December...read more
VCEDA Grant to be used for Renovation and Expansion Plans at Crab Orchard Museum in Tazewell County The Virginia Coalfield Economic Development Authority (VCEDA) closed May 31 on an up to $60,000 grant to assist The Historic Crab Orchard Museum and Pioneer Park in...read more
Governor Announces IT Jobs in Dickenson County; Transportation & Logistics Center Announced; VCEDA Attends AmCON
SAIC Bringing 40 IT Jobs to Dickenson County VCEDA participated in the May 18 announcement by Gov. Ralph Northam about a new employer bringing 40 new IT jobs to the region, locating in the Dickenson County Technology Center. The VCEDA Board approved an up to $2...read more
VCEDA Attends Virginia Economic Developers Association’s Annual Spring Conference; Stone Mountain Adventures Holds Ribbon Cutting; VCEDA Markets to Furniture Industry
VCEDA Represented at VEDA Conference VCEDA Marketing Ambassadors Mary Rae Carter and Charlotte Mullins represented VCEDA at the annual Spring Conference of the Virginia Economic Developers Association held April 12-13 in Richmond, VA. The keynote speaker for the...read more
VCEDA Closes Loan for Apex Leasing; Loan for Appalachian School of Law; Grant for Workforce Initiative; Attends Site Selectors Guild Conference
VCEDA Closes up to $600,000 Loan for Apex Leasing On March 29 VCEDA closed an up to $600,000 loan for Apex Leasing Corporation, an affiliate of West River Conveyors and Machinery Company, which will result in the creation of 12-15 new jobs in Buchanan County. Formed...read more
New Manufacturer, 79 Jobs Coming to Lee County; e-Bikes Coming to the Breaks; Sunset Digital Opens Tazewell Office
England Furniture Projects 79 New Jobs Governor Ralph Northam and Secretary of Commerce and Trade Esther Lee came to the region March 8 to announce that England Furniture, a manufacturer of quality upholstered furniture, will establish a manufacturing operation in the...read more
Next meeting of the VCEDA Board is scheduled for 3 p.m. June 27, 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.
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.