The Mountain State continues to climb the ranks in Chief Executive’s Best and Worst States to do Business through talent development and economic diversification. In January 2024, seven companies announced $373 million in investments that will impact more than 1,900 jobs in the state. Pure Watercraft, SMR Technologies, Gestamp, Alcon and Clean Seas announced expansions or new investments. “We’ve got more and more businesses calling over and over wanting to bring opportunities to our state,” said former Gov. Jim Justice in a press release. That same month, LG announced it would bring more than 275 high-skilled jobs and a $700 million investment in the state over the next five years. LG NOVA, which started an accelerator program in the state in 2021, is now planning to establish branch offices near Marshall University and West Virginia University.
West Virginia Economic Development Authority Direct Loan Program: Offers financial assistance in the form of loans, direct financing and operating leases to industrial development agencies and enterprises.
Special Property Valuation: Reduces property taxes by up to 95% for certain sectors, including chemicals, polymer metals, data centers and aviation.
Manufacturing Investment Credit: Offers a tax credit of up to 60% of the corporate net income tax base on qualified investments in an eligible manufacturing facility.
Governor’s Guaranteed Work Force Program: Offers up to $2,000 per employee to eligible new and ex- panding companies that create at least 10 net new jobs within a 12-month period
westvirginia.gov
charlestonareaalliance.org
hadco.org
morgantownpartnership.com
The new Equipment Financing Program helps businesses operating in the state gain access to essential tools and machinery with low-interest loans of between $50,000 and $2 million. Borrowers must be established and based in West Virginia and have been in operation for at least one year.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
