Funding & Grant Resources

Steps to Take After Acquiring a Business License

  • Seek guidance from SBA or your local SBDC
  • Draft or update your business plan
  • Review the SOS grant/funding page
  • Contact your regional planning & development council

Learn How Grants Can Support Startups

  • Access capital for growth
  • Reduce financial risk
  • Invest in innovative new technology
  • Build a team and invest in employee training
  • Receive expert guidance
County Economic Development Authorities

Select a county below to view its Economic Development Authority and Regional Planning Council information:

 

County EDA

 

Regional Planning & Development Council

 

Additional Funding & Grant Resources

Organizations below offer funding, loans, grants, and guidance for West Virginia businesses.

WV One Stop Business Center

Who: WV Secretary of State, WV State Tax Division, Workforce WV, SBDC, and WV Grant Resource Centers

What: Business Registrations, Business Licenses, Business Coaching, Funding Information

How Much: SBDC and WV Grant Resource Center offer free assistance. SOS, Workforce WV, and WV Tax Division fees vary by filing type.

Where:onestop.wv.gov | 13 Kanawha Blvd. W., Suite 201, Charleston WV

SBA — Small Business Administration

Who: Small businesses that meet SBA size standards (varies by industry)

What: Loans, counseling, federal contracting certifications, disaster recovery assistance

How Much: Loans from $50,000 to $5MM

Where:sba.gov/district/west-virginia | Charleston: 405 Capitol St. Suite 412, (304) 347-5220 | Clarksburg: 320 W Pike St #330, (304) 623-5631

WVJIT — WV Jobs Investment Trust

Who: Early stage, later stage and mature small companies in West Virginia that want to expand

What: Equity financing, such as stock purchases and convertible debt instruments

How Much: Generally $100,000 to $2MM

Where:wvjit.wv.gov | Email: WVJITInfo@wv.gov

WVCAP — WV Capital Access Program

Who: Creditworthy small businesses of all sizes and maturities

What: Seed Capital Co-Investment Fund, Subordinated Debt Fund, Collateral Support Fund

How Much: Generally $10,000 to $2MM per EIN

Where:wvjit.wv.gov/wvcap | Email: WVCAP@wv.gov

ARC — Appalachian Regional Commission

Who: Government entities, higher education institutions, and nonprofits in Appalachia

What: Economic development, workforce training, and community revitalization

How Much: $180 million annually across programs; award sizes vary

Where:arc.gov/appalachian-states/west-virginia

USDA Rural Development

Who: Nonprofit or government entities serving rural communities & towns with fewer than 50,000 residents

What: Business development grants, community facilities, utilities programs, and more

How Much: No maximum; depends on specific USDA program

Where:rd.usda.gov/wv

County EDA — Economic Development Authority

Who: Businesses looking to expand or develop within their specific WV county

What: Matching grants, economic development initiatives, and tax-exempt programs

How Much: Matching grant funds up to $41,500; larger bond financing also available

Where: Each county has its own EDA. Use the county lookup above to find your county's EDA information.

WVEDA — WV Economic Development Authority

Who: Manufacturing, industrial, distribution, warehouse and destination businesses

What: Loans, direct financing, and operating leases for commercial/industrial development

How Much: $50,000 to $15MM depending on project needs

Where: Greenway Building, Northgate Business Park, 180 Association Drive | eda.wv.gov | (304) 558-3651

WV Grant Resource Center

Who: Businesses, local governments, and other entities focusing on economic, workforce and community development; outdoor recreation; site development and job creation/retention

What: Tailored pre-award support to help develop competitive grant proposals and maximize state, federal and private funding

How Much: Services are free. Grant award amounts vary.

Where:wvgrantcenters.com | (304) 293-6444 | Morgantown: 83 Beechurst Ave | Huntington: 1 John Marshall Drive