Industrial Development Authority

 

The Industrial Development Authority (IDA) of Smyth County is the primary organization responsible for industrial development within Smyth County, including the development of publicly-owned industrial parks and financing assistance for the attraction of new or expansion of existing industry within the County. The IDA is composed of a seven member Board of Directors appointed by election district by the Smyth County Board of Supervisors for four year terms. The IDA is supported by the Smyth County Community and Economic Development Department.

Some of the past projects of the IDA have been:

·Development of the Mountain Empire Industrial Park in Atkins  and the Deer Valley Industrial Park in Chilhowie

·Partnership with Washington County to form the Smyth-Washington Regional Industrial Facilities Authority and the Highlands Business Park, a joint venture of both counties.

·Governor’s Opportunity Fund (GOF) awards, Tobacco Commission grant funding, industrial development bond financing, and local incentive funding for various new industry and industry expansion projects

·Support for workforce training initiatives and existing industry appreciation events

·Strategic planning for economic development

The IDA meets regularly on the third Wednesday every month at 3:30 pm in the Board of Supervisors Meeting Room, Smyth County Office Building, 121 Bagley Circle, Marion.  All meetings are open to the public.

Please see the following link to more information about economic development in Smyth County:


 

Contact Information:

Sally Morgan, Economic Development Coordinator
121 Bagley Circle, Suite 108
Marion, VA 24354
Phone: (276)783-3298 ext. 206
Fax: (276)783-9314
Email:  smorgan@smythcounty.org