Winner’s Circle 2020

Business is at the forefront of the current national dialogue. In West Virginia and across the U.S., small businesses are the heart and soul of numerous communities, creating jobs, rebuilding downtowns and attracting tourists. In spite of the international impact of the COVID-19 pandemic on the world economy, many businesses are staying the course, and with the important role exporting is playing in the Mountain State, hope for a brighter future remains.

Meeting Modern Demands

Whether it is a new company coming to West Virginia or an existing business park or modern community expanding to accommodate new tenants, development is key to moving the Mountain State forward. Not only do development projects create jobs, invigorate the construction industry, impact the economy, aid growing industries, encourage entrepreneurship and spur community growth, but they also serve as a reminder of the vibrant landscape and wealth of natural resources available throughout West Virginia.

Closing West Virginia’s Skills Gap

In response to the call to diversify West Virginia’s economy, many programs have been created over the past several years to train Mountain State residents to work in new industries. With the coronavirus outbreak and the impact it has had on the economy, local businesses and employment rates, these training programs have never been more important. At the onset of the statewide shutdown in March, West Virginia faced more than 90,000 unemployment claims, and that number increased as businesses temporarily halted operations or closed for good due to the pandemic. This shift in available jobs could leave many people looking for new career opportunities.

Natural Resources, Industrial Advantage

Concerned by the amount of greenhouse gases produced by coal-fired power plants, the power industry has been calling for alternative sources of energy for decades. This transition led industry leaders to focus on natural gas, a more sustainable and cost-effective power source that releases less than half the amount of carbon dioxide than coal, as part of its comprehensive energy strategy.