A total of $125,000 was distributed to various groups to support economic development efforts ranging from site development and strategic planning to marketing. The Scott County EDA received $8,500, which it plans to use to develop a new master plan for the Riverside Tech Business Park in Weber City.
The funds were provided by Appalachian Power in the form of grants to government entities and nonprofits. An eligible organization must be a nonprofit entity, such as a city or county economic development organization, or a regional economic development organization located in the utility’s service area.
Nine organizations in Virginia and West Virginia were awarded funding through Appalachian Power’s Economic Development Growth Enhancement (EDGE) program. The program is part of Appalachian Power’s ongoing effort to promote local and regional programs that attract industry and support business expansion.
“We enjoy a close working relationship with the local and regional economic development organizations in our service area,” said Brad Hall, external affairs vice president for Appalachian Power, in a press release. “The EDGE Grant program is an opportunity to express our support for the great work they are doing to bring about new jobs and investment.”
Since its inception in 2014, the EDGE program has provided several awards each year. This year, $57,500 was awarded in Virginia and $67,500 in West Virginia.
“We’ve awarded more than $1 million in EDGE Grants since the program began,” said John Smolak, economic and business development director for Appalachian Power, in a press release. “Economic development is a team effort, and we view these funds as an investment in the communities we serve.”