Here you will find news releases in and around Southwest Virginia's e-Region.
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...
Red Onion Water Line Loan Converted to Grant by VCEDA
CLINTWOOD, VA – JULY 24, 2020 -- The promissory note for an up to $1,004,890 loan from the Virginia Coalfield Economic Development Authority (VCEDA) to the Dickenson County Industrial Development Authority (IDA) was shredded this week following earlier action by the...
VCEDA Closes on $25,000 Grant for TDEC in Russell County
LEBANON, VA – JULY 17, 2020 -- A $25,000 grant from the Virginia Coalfield Economic Development Authority (VCEDA) to the Russell County Industrial Development Authority (IDA) was closed recently to assist Russell County business, TDEC, with workforce development and...
VCEDA Approves 14 New Grants
LEBANON, VA – JUNE 30, 2020 -- Fourteen new grants were awarded and other project changes were approved Tuesday by the Virginia Coalfield Economic Development Authority. The board also approved its business development plan for the coming fiscal year. Members of the...
$500,000 VCEDA Loan Closed for Tazewell County IDA to Benefit Clinch River Forest Products, Inc.
TAZEWELL, VA – May 15, 2020 -- Documents were signed Friday closing on a $500,000 loan from the Virginia Coalfield Economic Development Authority (VCEDA) to the Tazewell County Industrial Development Authority to be used to finance the purchase of equipment, machinery...
Small Town Fitness LLC Awarded VCEDA Seed Capital Matching Grant
ST. PAUL, VA – May 11, 2020 -- Keeping the family fit is the primary goal of Small Town Fitness LLC in St. Paul, Va., a recent Virginia Coalfield Economic Development Authority (VCEDA) $10,000 seed capital matching grant recipient. When Marcus and Amelia Johnson first...
Down Home Spirits LLC Awarded VCEDA Seed Capital Grant
HAYSI, VA – APRIL 28, 2020 -- A recipe passed down through several generations will be used to make the moonshine Down Home Spirits LLC, a new moonshine distillery in downtown Haysi, Va., offers to locals and tourists alike. The new business, owned by Saundra...
VCEDA Approves COVID-19 Relief Loans
LEBANON, VA – APRIL 16, 2020 -- Loan funding of up to $740,000 to help offset the negative economic impacts of the COVID-19 pandemic on local businesses in the coalfield region and at the Breaks Interstate Park was approved Thursday during a special called meeting of...
Wise Rx Awarded VCEDA Seed Capital Grant
WISE, VA – APRIL 6, 2020 -- Matt Villiard and Nick Jackson combined their 24 years of pharmacy experience to open a hometown pharmacy in Wise, Va. Their new business, Wise Rx, was the recent recipient of a $10,000 seed capital matching grant from the Virginia...
Cheesy does it LLC Awarded VCEDA Seed Capital Grant
CASTLEWOOD, VA – MARCH 30, 2020 -- Carey and Tony Watkins originally purchased land in Russell County on which to camp and then to build a small home, but in 2012, they left their corporate lives in North Carolina and moved to their hobby farm on 115 acres in...
D&LP Awarded VCEDA Seed Capital Grant
DUNGANNON, VA – MARCH 25, 2020 -- It’s not everyone that has a miniature steam railroad on their property, but Dave Powers in Dungannon, Va., has just that. Powers opened D&LP, which stands for “Dave ‘n the Little People,” which when it opens in late summer will...
VCEDA Approves Seed Capital Grant for Beartown Barbell Club LLC
LEBANON, VA – MARCH 20, 2020 -- James (J.D.) Range and his business partner, Andrew Salyer, of Lebanon, Va., decided when they opened Beartown Barbell Club LLC that the new fitness facility would go beyond a normal gym facility and focus more on the strengthening and...