This investment will assist advantage valley to address the economic and social impact of coal community diversification through an emerging markets initiative that will connect manufacturing,…

This $1.68 million project grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program will support Advantage Valley Inc.'s emerging markets initiative to connect manufacturing, engineering, legal and accounting businesses in Advantage Valley with new external markets. The funding will assist the region in addressing the economic and social impacts of coal community diversification.

Through this award made on August 17, 2021, Advantage Valley expects to create up to 143 new jobs and retain 184 existing positions with $10.7 million in private sector investment. Services will be provided by three additional co-applicants: the Putnam County Development Authority, Inc., Our Jobs Our Future, Inc. dba Huntington Development Authority, and the Capital Area Development Corporation of West Virginia to connect regional businesses to new markets as part of the economic diversification efforts.

This investment will assist advantage valley to address the economic and social impact of coal community diversification through an emerging markets initiative that will connect manufacturing, engineering, legal and accounting businesses with new external markets. The project will create up to 143 new jobs, retain 184 jobs with a private investment of up to $10.7 million. This project has three additional CO-applicants engaged the services to businesses: 1. Putnam county development authority, INC. 2. Our jobs our future, INC. DBA huntington development authority 3. Capital area development corporation of west virginia