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OEDC Today

The latest news from the Smith OEDC

WVU’s OEDC secures ARC POWER Initiative Grant to Support Outdoor Recreation Economy

The WVU Brad and Alys Smith Outdoor Economic Development Collaborative (OEDC) is set to receive approximately $1.76 million in grant funding, which will consist of a just over $1.23 million contribution from the Appalachian Regional Commission as part of their POWER initiative and around $536,000 in matching funds from local partners. OEDC Director of Outdoor Economic and Community Development Andy Williamson expressed excitement regarding the large number of funds incoming to the economic development program, which will be used to help improve outdoor recreation systems across all of West Virginia’s 55 counties.

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Smith OEDC Secures Major ARC POWER Initiative Grant to Propel Outdoor Recreation Economy in WV

Morgantown, W.Va. — In a significant boost to West Virginia’s burgeoning outdoor economy, West Virginia University’s Brad & Alys Smith Outdoor Economic Development Collaborative (OEDC) has secured a $1,232,256 grant from the Appalachian Regional Commission with an additional $536,155 in match from local partners totaling $1,768,411. This funding will be used to launch the West Virginia Community-driven Outdoor Recreation Economies C.O.R.E.) Initiative, a strategic suite of programs designed to expand the state’s outdoor recreation economy and strengthen its local communities, serving all 55 counties. This award is part of a recently announced $68.2 million award package supporting 65 projects in 188 coal-impacted counties through ARC’s POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Initiative, which directs federal resources to economic diversification projects in Appalachian communities affected by job losses in coal mining, coal power plant operations, and coal-related supply chain industries. The CORE Initiative will launch four impactful programs aimed at building essential infrastructure, fostering statewide collaboration, and driving sustainable growth across West Virginia’s outdoor recreation economy—WV Outdoor Business Alliance, WV Outdoor Nonprofit Hub, WV Trail Training & Education Resource Center, and Strategic Convenings of WV's Outdoor Economy Ecosystem —all aimed at building infrastructure, fostering collaboration, and promoting sustainable growth across West Virginia’s outdoor sectors. 

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First Ascent Member Spotlight: Ian Thayer

After earning a bachelor’s degree in business management with an emphasis in human resource management from West Virginia University in 2023, Pennsylvania native, Ian Thayer, knew exactly where he wanted to begin his post-grad journey: in West Virginia!

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Ascend WV Announces West Virginia Homeownership Incentive

Ascend West Virginia, the nation’s premier talent attraction and retention program, today announced a new Homeownership Incentive that allows current Ascend members to obtain a check in the amount of $12,000 when purchasing a home for primary residence in the Mountain State. This initiative highlights the affordability of home ownership in West Virginia and will lead to more significant economic impact as Ascend participants begin laying down roots in the Mountain State.

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U.S. Department of Commerce Invests $5.3 Million to Support Small Business Development and Expansion in West Virginia

West Virginia University Research Corporation, Morgantown, will receive a $717,116 grant to support expansion of the Vantage Ventures Accelerator program, providing technical assistance to small, technology-based businesses. This EDA investment will be matched with $412,381 in local funds and is expected to create 111 jobs, retain 30 jobs, and generate $19 million in private investment, according to grantee estimates.

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