Economic Development Authority (EDA) 

The Economic Development Authority of Montgomery County, Virginia (Authority), was created by ordinance of the Montgomery County Board of Supervisors on January 21, 1970.   The Authority is a separate and distinct legal entity established to perform a constitutional public purpose. The Authority is permitted to acquire, own, lease, and dispose of properties to promote industry and develop trade by inducing manufacturing and industrial enterprises to locate in or remain in Montgomery County-Blacksburg-Christiansburg, Virginia.   It also has the authority to issue industrial revenue bonds to be used in financing the acquisition, construction or equipping of various types of facilities in Montgomery County-Blacksburg-Christiansburg.        

MBC Development Corporation

The Montgomery-Blacksburg-Christiansburg (MBC) Development Corporation is a local, non-profit, community development corporation. It was created to enhance and broaden the employment base in Montgomery County by providing small business with low interest loans not available form conventional sources. The recipients of MBC loans are small businesses that are deemed to have potential growth and success in their area of expertise or specialization. Typically, the loan period is five years or less, making it a short-term loan. The amount of the loan is determined by need and availability of funds (generally $5,000 to $50,000). Repayment terms generally require monthly or quarterly payments of principal and interest

Montgomery County Economic Development Commission

The Montgomery Regional Economic Development Commission (EDC) was created on January 4, 1982, by a resolution of the Montgomery County Board of Supervisors. The EDC serves as an advisory council for the the Montgomery County Board of Supervisors on economic development matters.     

The Commission is made up of eleven directors:

These individuals serve as conduits to their respective organizations, sharing information, suggestions, and ideas between the Commission and their institutions. With this type of representation, the Commission has truly become a public/private partnership concerned with initiating, coordinating, and facilitating economic development efforts for the purpose of achieving and maintaining a superior quality of life in Montgomery County-Blacksburg-Christiansburg.

Commission Members:

The Montgomery County Board of Supervisors appoints commission members based upon recommendations made by the appropriate Town Council, Chamber of Commerce and educational institution.

EDC Chair
Mike Miller
475 Harkrader Street
Christiansburg, VA 24073
(540) 961-2200 Ext 455
(540) 961-2300 fax
Montgomery County (Non-Elected)
Term: 1/1/17 - 12/31/19 

EDC Vice Chair
John T. Overton  
590 Arrowhead Trail
Christiansburg, VA 24073 
(540) 980-6822
Town of Christiansburg (Non-elected)
Term: 4/15/14– 4/14/17

EDC Directors
James Creekmore
318 N. Main Street
Blacksburg, VA 24060
(540) 443-9350
Montgomery County Chamber of Commerce – 2018
Term: 1/10/18 - 1/9/21

Mark Woolwine
Brown Edwards Certified Public Accountants
(540) 443-3606
Montgomery County Chamber of Commerce – 2018 
Term: 1/10/18-1/9/21 

Dr. Joe Meredith
Virginia Tech Corporate Research Center, Inc.
1715 Pratt Drive, Suite 1000
Blacksburg, VA 24060
(540) 961-3600
(540) 961-2304 fax
Virginia Tech – 2001
Term: 8/14/18– 8/13/21

Darrell Sheppard
Supervisor – Republican (District E)
4513 Long Shop Road
Blacksburg, VA 24060
(540) 577-0813
Montgomery County Board of Supervisors
Term: 1/1/19 – 12/31/19 

Paul Lancaster
1308 Oak Drive
Blacksburg, VA 24060
(540) 552-2321 
Town of Blacksburg (Non-Elected)
Term: 7/10/18-10/16/19

Jerry Ford, Jr. 
807 Petra Pass 
Blacksburg, VA 24060
(540) 562-6817
Town of Blacksburg (Elected)
Term: 4/4/18-4/13/21

Dr. Peter Anderson 
VP for Instruction & Student Services
New River Community College
5251 College 1 
Dublin, VA 24084
(540) 674-3600 x 4369 
New River Community College
Term: 2/13/18-2/12/21 

Richard Alvarez
Senior Advisor for Economic Development
Radford University
PO Box 6916
Radford, VA 24142
(540) 831-7702
Radford University
Term: 9/11/18-4/14/20

Our Partners

Economic Development Authority of Montgomery County

MBC Development Corporation

Montgomery County Economic Development Commission

New River Valley Economic Development Alliance

Contact Us

The Montgomery County Department of Economic Development (MCDED) offers a number of free and confidential services and resources to help companies large and small. We welcome the opportunity to provide direct assistance to companies interested in starting, expanding or relocating a business in Montgomery County, Blacksburg and Christiansburg. Contact us today!