Resources
Below you will find links to program descriptions, information and quick links to needed forms.
Programs
The Direct Loan Program is for applicants seeking a loan from the WVEDA in the minimum amount of $50,000 and a maximum amount of $10,000,000.
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Tax-Emempt Industrial Development Bonds. The State of West Virginia has available each calendar year the authority to issue tax-exempt Industrial Development Bonds.
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Loan Insurance Program. Per the guidelines of this program, the WVEDA could insure up to 80% of a bank loan. The insured portion cannot exceed $500,000 and is for a maximum term of four years.
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Venture Capital. Seven professionally managed venture capital funds focused upon entrepreneurship in West Virginia with a leveraged potential capacity in excess of $575 Million dollars.
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The West Virginia Economic Development Grant Committee was established to authorize bonds for qualified economic development, infrastructure and capital improvement projects in West Virginia.
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Recovery Zone Economic Development Bond Volume CAP. WVEDA is responsible for the reallocation of unused volume cap.
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Information
Foreign Trade Zones - Foreign-trade zones are secure areas under U.S. Customs supervision that are considered outside the Customs territory of the United States.
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Business Investment Tax Credit - Foreign-trade zones are secure areas under U.S. Customs supervision that are considered outside the Customs territory of the United States.
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Enterprise Advancement Technology Centers - Foreign-trade zones are secure areas under U.S. Customs supervision that are considered outside the Customs territory of the United States.
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Forms
The Cap Allocation Form
Download Cap Allocation Form in Microsoft Excel .xls format
Download Cap Allocation Form in Adobe Reader .pdf format