Charleston Leader

The US Economic Development Administration awarded the WV Coalition for Technology Based Economic Development a grant worth $625,000 to help fund a project in Kanawha County.

The grant was awarded on Sept. 27. The EDA describes the grant as follows:

"This EDA investment funds the development and launch of the TechWrx West Virginia entrepreneurial development initiative, which will provide an entrepreneur development and assessment tool, stage entrepreneurial expos that will benefit 40 counties, and provide enhanced commercialization opportunities for regional entrepreneurs. The project also includes Opportunity Zone training for entrepreneurs and startups in rural areas impacted by a downturn in the coal industry. Once complete, the investment will strengthen the entrepreneurial ecosystem, diversify the economy, and expand the competiveness of existing industrial clusters."