Business & Industrial Development

Support for Success

We work hard for West Virginia, which means we work hard for you.

The Business and Industrial Development (BID) Division has three different teams, each specialized in an integral area of business development. Their aggressive efforts have won, retained and strengthened business for West Virginia in astounding rates.

What does this mean for you and your business? It means more economic stability, increased employee pool (jobs stay in West Virginia), and greater profit potential through both national and international expansion efforts.

Find out how these three teams support and assist your business.

Business Retention and Expansion

About the Team

The various business development experts on this team have years of combined experience in anything from business processes and management to international trade relationships to effective business scaling. When you operate your business in WV, this entire team sits at your disposal. We succeed when you do.

 

Team’s Purpose

To help existing West Virginia companies grow their businesses and discover opportunities for global expansion.

Team’s Focus

  • Businesses operating in “traded clusters”
  • Companies who have a good or service that can be
    sold regionally, nationally or globally
  • Companies that are experiencing constraints in
    expansion opportunities
  • Other state and local governments for collaboration,
    cooperation and development
  • Leadership in existing companies for continued
    assistance and support

 

Ready to get started?

Find out more about the strong business economy in West Virginia.

 

Business Attraction

About the Team

The members of the Business Attraction Team artfully combine their strength in building relationships with their analytical knowledge of ideal site selections, loan programs, tourism elements and more to continually increase the diversity of the business composition in West Virginia.

From 2015 -2016, this team won 21 competitive new investment projects and 73 existing company expansion projects, representing over $5.5 billion in new capital investment, 3,100 new jobs, and 11,600 retained jobs.

Plain and simple…they make things happen for West Virginia and you.

Team’s Purpose

To attract new businesses to West Virginia for
economic diversification.

Team’s Focus

  • Site selection assistance
  • Loan program assistance
  • Labor force recruitment
  • Employee training programs
  • Tax credits and Tax Increment Financing
  • Tourism development and attraction

 

Ready to get started?

Find out more about the strong business economy in West Virginia.

 

Business Research

About the Team

The Business Research Team builds the framework in which the other two teams within the BID division operate. Advice and direction for all of our business partners, both large and small, must start with solid numbers built on accurate research. The Business Research Team  works tirelessly to provide that.

Team’s Purpose

 

To provide both internal and external research to
support economic development advancement in
West Virginia.

Team’s Focus

  • Labor market and demographics data
  • Utility cost comparisons data
  • Supply chain data
  • US Census data
  • Industry specific research and data

 

Interested in our data?

Explore this interactive map for information about the state’s business profile, demographics and more.

 

Thriving Industries

Stay Current!

Our newsletter is free and packed with vital information about the state of West Virginia and its evolving incentives.