Economic Development Authority

Who We Are

The Cumberland Economic Development Authority (EDA) was established in 1994 by the County of Cumberland. The goal of the Cumberland EDA is to institute new businesses in the county and help them be successful. View the Economic Development Authority Bylaws (PDF).

Mission Statement

To economically enhance, provide financing of projects whenever appropriate, and diversify the overall development of Cumberland County by growing the tax base and providing for an objective return on investment, above average employment opportunities, and an improved quality of life for the citizens of Cumberland County while maintaining the very highest of integrity and support for businesses and industry that will develop beneficial long-term customer relations.

Responsibilities

The purpose of the EDA is to:

• Acquire, own, lease and dispose of properties to the end that this Authority may be able to promote industry and develop trade by including:
  • Commercial Enterprises
  • Government
  • Industrial
  • Manufacturing
• Further the use of agricultural products either of the County of Cumberland, or any contiguous area, and the natural resources thereof, and to exercise all powers that may be necessary to benefit the inhabitants of the Commonwealth of Virginia, for the increase of their commerce,
• Promote their safety, health, welfare, convenience and prosperity, the foregoing purposes, and the powers exercised under the applicable law

About Cumberland

Cumberland County is located in central Virginia with an estimated population of 9,800 people. Cumberland is only 40 miles west of the state capitol of Richmond. Situated in the Piedmont region, Cumberland has 135,560 acres of woodland. One of the last battles of the Civil War was fought at the historic "High Bridge," which spans from Cumberland into nearby counties. Cumberland offers the perfect blend of a peaceful rural setting with easy accessibility to Virginia's nearby metropolitan areas.

Future Projects

The Cumberland County Economic Development Authority is actively working with new businesses about the opportunities for locating in the county. The Economic Development Authority is also working with existing businesses to enhance their opportunities.