VCEDA

VCEDA is a regional economic development authority 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. VCEDA is the organization officially created by the General Assembly to promote the economic development of this region... VCEDA works very closely with the Virginia Economic Development Partnership (VEDP), which is the state's economic development agency. VCEDA also works very closely with the local industrial/economic development authorities in the region... Since its creation in 1988, VCEDA has helped bring tens of thousands of jobs and hundreds of millions of dollars in approved funding for hundreds of projects throughout the coalfield region. Studies have shown that VCEDA has also significantly reduced the region's unemployment rate and improved the diversification of the region's economy.

Also known as: Virginia Coalfield Economic Development Authority

Primary location: Lebanon United States