APPALACHIAN POWER AWARDS $155,000 TO FUND ECONOMIC DEVELOPMENT
The Wayne County Economic Development Authority subsidiary, the Western Gate Land Development Corporation, has been awarded $20,000 for development of a master plan for a 50 acre tract near the Heartland Intermodal Gateway Facility.
Projects in both Virginia and West Virginia counties/cities have been selected to receive varying forms of funds from an overall pool of $155,000 in economic development grants from Appalachian Power. Many entities have received these funds, and they will be used for a plethora of different activities, ranging from site development to support marketing and promotion, or even for new business development and retention.
Quoting directly from the AEP press release: “Appalachian Power received outstanding applications from local, regional and state organizations throughout Virginia and West Virginia,” Smolak said. “These groups work hard to promote economic growth and business retention in thoughtful and innovative ways and we want to help them succeed.”
The Wayne EDA would like to thank AEP once again for everything they have done, not only for Wayne County, but the other communities in both West Virginia and Virginia that also applied. These funds will be utilized for economic development in Wayne County! To read more details on all of the awards, view the attached PDF.