Virginia Coalfield Economic Development Authority

PURPOSE:
The Virginia Coalfield Economic Development Authority (VCEDA) was created by the Virginia General
Assembly in 1988 to diversify the economy and bring jobs to the seven counties, one city of the coalfield
region of the Commonwealth.
SERVICE AREA:
VCEDA markets Virginia’s e-Region with a focus on electronic IT, energy, education and emerging
technologies. The e-Region includes Buchanan, Dickenson, Tazewell, Russell, Lee, Scott and Wise
counties and the City of Norton.
SERVICES:
VCEDA assists businesses with finding sites and buildings for their location or expansion in the coalfield
region and manages funding programs (with qualification criteria) to help with their location plans. Sites
and Buildings Overview: http://vaceda.org/sites-buildings-overview
There are a number of unique incentive and financing programs available in Virginia’s e-Region designed
to encourage the creation of new jobs and economic diversification. http://vaceda.org/incentives-overview

Incentive and Financing Programs:
● Home
● Resources
● Incentives
● Sites & Buildings
● Existing Industry
● Regional Info
QUALIFICATIONS COMPANIES MUST MEET TO RECEIVE SERVICES:
The Virginia Coalfield Economic Development Authority (VCEDA) provides low-interest loans to for-profit
basic employers and industrial development authorities. For further information on VCEDA financing
programs: http://vaceda.org/vceda-funding