Economic Development Administration

W.Va. Receives Federal Funding For Infrastructure Projects 

More than $7 million in federal funding has been approved for three West Virginia infrastructure projects. 

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Nonprofit Group To Use Federal Funding For Green Projects, Jobs

Funding totaling $90 million is slated for green energy jobs throughout the state.

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State’s Return On $25 Million Venture Capital Investment Unclear, Audit Says

A report released today from the West Virginia legislative auditor found a loan program to venture capital firms for generating economic development in the state fell short of its goals, and state auditors struggled to determine what impact the program did have due to a lack of record-keeping.“In summary, it is the legislative auditor’s opinion that the loan program did not achieve the intended outcomes and what was achieved is difficult to quantify,” the report found.

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