Regional Economic
Development Partnership
 
1100 Main Street, 3rd Floor
P.O. Box 1029
Wheeling, WV 26003
 
Phone: 304.232.7722
Fax: 304.232.7727
Email: info@redp.org

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REDP: Regional Economic Development Partnership



West Virginia Economic Development: WV’s Regional Economic Development Partnership

About RED

What We Do

Our mission is to create business opportunities in West Virginia by generating new jobs and stimulating the economy. RED Partnership is a one-stop resource for development programs as well as business environment, demographic, economic and community information in the Wheeling region, including Ohio, Marshall and Wetzel Counties.

Our People

Personal Contacts

Recruit new business investment

Assist with local business expansion

Encourage business start-ups through entrepreneurial activity

Offer financial assistance through state and local loan programs; administer leases and manage 626,412 sq.ft. of real estate and over 117 acres of land; market the communities, commercial and industrial properties in Ohio, Marshall and Wetzel Counties

 


 

Project Development Programs and Financing

The RED team can help you locate real estate, financing for your business, and will help to make your business successful in our region. RED staff will work to coordinate your project development and business relocation project financing.

We assist you with every level of government and every level of economic development authority in helping you establish yourself as a viable corporate entity.

RED makes a substantial contribution to the development process for greater efficiency in reaching your goals and routinely exceeding all expectations.

In addition to the low cost of real estate and wages in West Virginia, eligible companies that locate to the Wheeling region have access to a variety of economic assistance programs. These initiatives range form tax reduction efforts to special financing programs as well as community assistance and work force development training.

 


Current loan programs we specifically administer are:


Revolving Loan Fund (RLF):

Serving Ohio and Marshall counties

Up to $165,000 per loan

Shared first lien position

$35,000 per job created

Manufacturing companies eligible


State of West Virginia Programs

New and expanding businesses can learn about any of the innovative financial incentive programs listed here by contacting the West Virginia Development Office.

Direct loan programs

Indirect loan programs

Industrial revenue bonds

Leveraged technology loan insurance program

West Virginia Infrastructure and Jobs Development Council


West Virginia Small Business Development Center Loans

Small business development loans

Linked deposit program

Tax Increment Financing

 

 

Why Wheeling? Brief overview

 

Why Wheeling? Brief overview from Regional Economic Development Partnership

 

 





RED is a division of Ohio Valley Industrial and Business Development Corporation (OVIBDC). Copyright © 2017 Regional Economic Development Partnership