Economic Development is a top priority for Town Council as evidenced by the designation of 0.5% of all meals tax receipts collected going to fund economic development initiatives only. Town Council, in collaboration with the Town of Bedford Economic Development Authority, has established a renewed effort to attract new economic development opportunities leveraging various grants and performance-based incentive programs. As part of the Economic Development expansion, Town Council continues to have a major focus on community planning and the level of service required for accommodating growth and providing resources for a sustainable future.
As part of an ongoing effort to better understand the needs and challenges of our Downtown small business community, the Town of Bedford, the local Virginia Small Business Development Center, Bedford County Tourism, the Bedford Area Chamber of Commerce, and other stakeholders are requesting that Downtown Bedford restaurants, merchants, lodging, and destinations complete this survey. The survey is completely anonymous. The results will be used to help develop a customized program for Bedford merchants in the Spring of 2019.
- Power - Local, renewable, reliable and affordable
- Water - Industry compatible, redundant, abundant supply
- Internet - 400 Gigabyte "backbone" access
- Sites - New and existing building options
- Location - Mid-Atlantic advantage
- Incentives - Local and State available
- Work Force - Daily commute to 500,000
- Low Costs - Utilities and taxes
- Quality of Life - Schools, recreation, and low crime
Economic Development Authority
The general purpose of the Authority is to promote industry, develop trade, and promote the attraction and retention of businesses located within the Town limits. The Economic Development Authority of the Town of Bedford, Virginia, fulfills all the purposes and intents of the General Assembly of Virginia, in Title 15.2, Chapter 49, of the Code of Virginia, 1950, as amended, and by any other enactment adopted by the General Assembly. The Authority fulfills all purposes and intents of the Town Council of the Town of Bedford, Virginia and serves at the appointment of Council. The seven member body serves in rotating 4-year terms of appointment.
John OwenTerm Expiration: 11/30/2018
John K PutneyTerm Expiration: 11/30/2021
Judy RushTerm Expiration: 11/30/2019
Jonathan ButtramTerm Expiration: 11/30/2021
David SensenigTerm Expiration: 11/30/2020
W. Courtney HoldrenTerm Expiration: 11/30/2018
Elmer HodgeTerm Expiration: 11/30/2020