Here you will find news releases in and around Southwest Virginia's e-Region.
VCEDA Closes Loan for ‘IN Appalachia’ Project
LEBANON, VA – DECEMBER 1, 2020 -- An up to $50,000 loan approved by the Virginia Coalfield Economic Development Authority for the Southwestern Virginia Technology Council, which recently rebranded itself as the Appalachian Council for Innovation, was closed recently....
VCEDA Establishes $1 Million Renewable Energy Fund
LEBANON, VA – NOVEMBER 19, 2020 -- A $1 million Renewable Energy Fund was established Thursday by the Virginia Coalfield Economic Development Authority (VCEDA) from coal tax credit funds. The VCEDA board met in Lebanon where it approved the establishment of the fund...
The Grind Approved for VCEDA Seed Capital Matching Grant
BLUEFIELD, VA – NOVEMBER 16, 2020 -- As Collin O’Donnell prepares to graduate from Bluefield College next month with his Bachelor's degree, the Buffalo, NY, native already has plans to pursue his Master’s Degree at his alma mater and to continue to operate the new...
$1.2 Million Grant Approved for Dickenson Industrial Site Development
HAYSI, VA – NOVEMBER 2, 2020 -- An up to a $1.2 million grant to the Dickenson County Industrial Development Authority to be used for infrastructure improvements on the Red Onion Industrial Site was approved recently by the Virginia Coalfield Economic Development...
Dickenson Broadband Projects Get Boost from VCEDA
HAYSI, VA – OCTOBER 22, 2020 -- An up to a $750,916.88 grant to the Dickenson County Industrial Development Authority to help finance the installation and extension of high-speed broadband was approved recently by the Virginia Coalfield Economic Development Authority...
VCEDA Receives Appalachian Council for Innovation Award
LEBANON, VA – OCTOBER 16, 2020 -- The Virginia Coalfield Economic Development Authority (VCEDA) was presented with the “Excellence in Government Response: COVID19” award Thursday at the Appalachian Council for Innovation’s annual awards banquet. The council was...
VCEDA Approves Funds to Be Used for Two Dickenson Economic Development Sites
LEBANON, VA – OCTOBER 13, 2020 -- An up to $950,000 grant to the Dickenson County Industrial Development Authority (IDA) to be used to finance the costs associated with the development of two new economic development sites in that county was recently approved by the...
VCEDA Assists in First Meeting of Virginia Coalfields Expressway Authority
GRUNDY, VA – OCTOBER 6, 2020 -- The first meeting of the Virginia Coalfields Expressway Authority was held Tuesday in Grundy at the new Southern Gap Transportation and Logistics Center. The authority was created by the General Assembly in 2017, but all of its members...
VCEDA Approves Seed Capital Grant for Yates Recovery and Transport LLC
CLINCHCO, VA – OCTOBER 6, 2020 -- The need for wrecker and rollback services in the Haysi area was something Dakota Yates, of Clinchco, identified as a need for Dickenson County and surrounding areas. As a result, he opened Yates Recovery and Transport LLC to provide...
VCEDA Approves New Project Loans, Grants
LEBANON, VA – SEPTEMBER 24, 2020 -- Four new project loans and grants were approved and modifications to four others were also approved during a meeting of the Virginia Coalfield Economic Development Authority (VCEDA) board, Wednesday. Three new members were welcomed...
Appalachian Treasures LLC Approved for VCEDA Seed Capital Grant
BLUEFIELD, VA – SEPTEMBER 22, 2020 -- After purchasing a piece of property on Virginia Avenue in Bluefield and the 2,000-square-foot building that is situated on it, Bill Haver began to see the pieces fall into places for his new business, Appalachian Treasures LLC ....
Lil’ Doc Hollow Hemp LLC Approved for VCEDA Seed Capital Grant
CLINTWOOD, VA – SEPTEMBER 8, 2020 -- The growing of industrial hemp in Virginia has a long history tied to it, having been grown in Virginia as early as the mid-1600s. As laws began to change in Virginia in recent years to allow for the production of hemp, the Meade...
VCEDA Closes on Loan to Breaks Park
BREAKS, VA -- AUGUST 28, 2020 -- Documents related to a loan from the Virginia Coalfield Economic Development Authority (VCEDA) to the Breaks Interstate Park were signed recently and included an amendment to allow spending on other needed park items. In April, VCEDA...
Nextdoor Drug Approved for VCEDA Seed Capital Grant
Nextdoor Drug Approved for VCEDA Seed Capital Grant LEBANON, VA -- AUGUST 24, 2020 -- When Jackie Hackney, Clint Lawson and Nicole Bostic met at the Appalachian College of Pharmacy in 2005, they agreed that someday -- after graduation -- they would open their own...
Professional Bookkeeping & Accounting Inc. Approved for VCEDA Seed Capital Grant
TAZEWELL, VA -- AUGUST 18, 2020 -- Providing for the accounting, bookkeeping and other financial record keeping needs of area businesses and individuals is the primary goal Pansy Harman, of Tazewell, had when she formed Professional Bookkeeping & Accounting Inc....
VCEDA Converts Two SRRA Loans to Grants
LEBANON, VA – AUGUST 10, 2020 -- Two loans totaling $330,000 to the Southwest Regional Recreation Authority (SRRA) were converted into grants recently by the Virginia Coalfield Economic Development Authority (VCEDA). The promissory notes for a $220,000 loan to SRRA...
VCEDA Awards Seed Capital Grant to Trailhead Country Kitchen LLC
HAYSI, VA -- As Gabriel Yates looked at the Town of Haysi in Dickenson County, he saw an opportunity to cater to the town’s growing tourism economy as a result of Spearhead Trails’ Ridgeview Trail. As a result, he opened Trailhead Country Kitchen LLC. The new...
P & E Wholesale LLC Receives VCEDA Seed Capital Grant
HONAKER, VA – JULY 31, 2020 -- For Eric and Pamela Brown, of Honaker, the floral business has been in their backgrounds for decades. Earlier this year, they took things one step further, opening P & E Wholesale LLC and in July, they received a $10,000 seed capital...