The Highland Economic Development Authority works as a catalyst for economic growth, diversification, and sustainability within the county that promotes a spirit of pride, and a strong sense of community while practicing inclusiveness and cooperation.
The Highland County Economic Development Authority (EDA) meets the third Monday of each month at 7 pm at The Highland Center (61 Highland Center Drive, Monterey). The public is invited to attend. For more information, please email highlandeda@htcnet.org.
FY 2025 Highland EDA Grant Incentive Program Applications Available Now!
Funded by Highland County Board of Supervisors, and the Town of Monterey, the purpose of the Highland EDA Grant Incentive Program is to encourage the growth and success of small businesses located in our County. The grant program is designed to provide a mechanism for the Highland EDA to evaluate and award incentives to local businesses. The program goals are to:
• Encourage entrepreneurship
• Provide new job opportunities for local residents
• Increase the commercial tax base in our region
Grant funds, in a range of $2,000 - $5,000 per business, are for the purpose of assisting with start-up or expansion expenses and can be awarded for the following uses:
• Purchase of supplies or equipment needed for business expansion
• Lease security deposits for a commercial location
• Down-payments towards purchase of a commercial location
• Renovations or minor repairs to a commercial location
• Utility connection fees
• Advertising & marketing expenses
• Job training
Any questions may be directed to: highlandeda@htcnet.org for a prompt response
A free workshop covering how to apply for FY 2025 Incentive Grants will be held October 21, 2024 at 5:30 pm at the Highland Center. Prospective applicants are encouraged to attend.
Completed applications must be received by 4:30 pm on November 15, 2024. They may be hand-delivered to Highland County Board of Supervisor’s Office in the Courthouse, emailed to highlandeda@htcnet.org, or mailed to: Highland EDA P. O. Box 68, Monterey, Virginia 24465.
CLICK HERE FOR THE APPLICATION WITH FULL DETAILS
Need help with preparing a business plan or with the incentive grant application? Contact Jim Martin with SCORE for free and confidential business mentoring at jim.martin@scorevolunteer.org or visit westernvirginia.score.org.
Stay updated about the Highland EDA at their Facebook page: www.facebook.com/highlandeconomicdevelopment/