FINANCIAL SUPPORT FOR BUSINESSES IN THE WV HAZ
West Virginia is dedicated to fostering strong regional economies, offering a variety of funding and financial assistance programs to support businesses, including those in the hardwood industry. Whether at the local, state, or federal level, these programs help businesses expand, invest, and succeed.
KEY FUNDING RESOURCES
West Virginia Economic Development Authority (WVEDA)
The West Virginia Economic Development Authority (WVEDA) provides financial support through low-interest loans, bond programs, and capital investment initiatives to help businesses grow and thrive in the state.
The Small Business Administration (SBA) offers loan guarantees to help businesses secure funding when traditional financing options may not be available. These loans support startups, expansions, and working capital needs.
Local Revolving Funds
Many local Economic Development Authorities (EDAs) in the WVHAZ region manage revolving loan funds tailored to their communities and target industries. These funds offer flexible financing solutions designed to support business growth, job creation, and infrastructure development.
For the most up-to-date funding options, we recommend reaching out to your local EDA to explore programs available in your area, or by contacting WVHAZ.