Economic Development

See our Communities Travel Guide

Tourism and economic development in West Virginia play a vital role in driving growth and enhancing the quality of life throughout the Mountain State. Known for its breathtaking mountains, outdoor adventures, historic landmarks, and welcoming small towns, West Virginia attracts visitors year-round, boosting local businesses, restaurants, and lodging. This thriving tourism industry fuels economic development by creating jobs, supporting small businesses, and encouraging investment in infrastructure and community revitalization. By promoting its natural beauty, rich heritage, and expanding industries, West Virginia continues to strengthen its economy and offer new opportunities for both residents and visitors.

An AI concept based on a press release from WVU envisions Appalachia as a future hub for advanced energy innovation, where research, resilient electric grid technologies, and modern manufacturing coexist with the region's forests, rivers, and mountain communities.

$321 million science initiative aims to make Appalachia America’s next energy innovation hub

MORGANTOWN, W.Va. — A new $321 million investment from federal and private sources has been established to position West Virginia as one of the nation’s leading centers for next-generation energy technology, artificial intelligence, advanced manufacturing, and electric grid innovation. The U.S. National Science Foundation has announced that the Resilient Energy Technology and Infrastructure (RETI) Consortium … Read more

A new "Tech Toolshed" program by Woodlands Development & Lending is giving entrepreneurs free access to professional cameras, lighting and audio equipment to improve their digital marketing.

New program by Woodlands helping rural West Virginia businesses reach customers nationwide

ELKINS, W.Va. — Across the United States, entrepreneurs are increasingly building businesses from home offices, renovated storefronts, and small-town communities while relying on digital marketing to reach customers nationwide. Whether selling handmade products online, promoting vacation rentals, or guiding outdoor adventures, professional photography, video, and audio have become essential tools for success. In rural West … Read more

Fayetteville businessman Sean Clarke works remotely above the New River Gorge, a region whose appeal is growing appeal not only as a recreation destination but also as a place to live, work, and build new businesses.

How the New River Gorge region is building a new economy beyond the national park

BECKLEY, W.Va. — Five years after the redesignation of New River Gorge National Park and Preserve, southern West Virginia is entering a new phase of growth. While millions of visitors now know the New River Gorge region for its whitewater rivers, scenic overlooks, climbing cliffs, and mountain trails, local leaders are increasingly focused on turning … Read more

Communities nationwide have used historic tax credits to transform aging downtowns into centers of housing, commerce, tourism, and community life.

West Virginia-backed Senate bill could spur new investment in historic downtowns across America

LEWISBURG, W.Va. — Historic buildings, from New England mill towns to Appalachian downtowns, could become easier to restore under bipartisan legislation that would expand one of the nation’s most successful redevelopment incentives. U.S. Sen. Shelley Moore Capito has joined lawmakers from both parties in sponsoring the Historic Tax Credit Growth and Opportunity Act of 2025, … Read more

An architect's rendering shows the new Railyard Event and Conference Center in Elkins, a $11.6 million facility expected to attract conferences, weddings, entertainment events, and new visitor spending to West Virginia's Allegheny Highlands region.

$11.6 million railyard venue opening in Elkins to draw visitors to the Allegheny Highlands

ELKINS, W.Va. — A new $11.6 million event and conference center, scheduled to open this summer, is expected to bring conferences, weddings, entertainment, and increased tourism to downtown Elkins, marking one of the largest recent investments in Randolph County’s hospitality industry. The Railyard Event & Conference Center, a 28,000-square-foot venue built on the site of Elkins’ … Read more

Rural Women Entrepreneurs: The findings may be particularly relevant to West Virginia, where many communities are rural, and small-business ownership is vital to local economies.

Rural women entrepreneurs fuel economic growth in America’s small towns, WVU study finds

MORGANTOWN, W.Va. — Rural women entrepreneurs may make up a relatively small share of business owners across the United States, but new research from West Virginia University suggests their impact on local economies is far greater than many communities realize. The study, conducted by researchers at West Virginia University and the University of Maine, found that rural women … Read more

Davie Chinn, David Sibray, and Lori Noble meet at Little Beaver State Park to discuss increased promotion of outdoor recreation.

Chinn, Noble appointed to key leadership roles at West Virginia Explorer

BEAVER, W.Va. — West Virginia Explorer President and CEO David Sibray has announced the appointment of Davie Chinn as Director of Technology and Lori Noble as Director of Advertising for the West Virginia Explorer publications. The appointments come as the leading tourism news and travel guide expands its efforts to support outdoor recreation, heritage travel, … Read more

Blenko Glass Co. Inc. was among the 24 recipients of the 2026 Governor's Export Award.

West Virginia companies honored for expanding at 2026 Governor’s Export Award

CHARLESTON, W.Va. – Thirty-four West Virginia companies have been recognized with the 2026 Governor’s Export Award for expanding into new international markets. Seven were first-time recipients. According to Matt Herridge, Secretary of the W.Va. Department of Commerce, the award is presented to companies that made their first export sale to a new country in the … Read more

The program creates incentives for private investment funds and financial institutions to direct capital into qualified small business growth.

Applications open for West Virginia First small business growth program

CHARLESTON, W.Va. – The W.Va. Department of Commerce is officially accepting applications for the newly established West Virginia First Small Business Growth Program, a major economic development initiative designed to expand access to private investment capital for small businesses. Governor Patrick Morrisey announced the launch of the new program, part of his promise to build … Read more