On Tuesday, the International Economic Development Council (IEDC) awarded the City of Lynchburg two Excellence in Economic Development Bronze Awards for promotional projects: Lynchburg Innovation Week and “This is Lynchburg: Welcome Home” video. IEDC’s prestigious awards program recognizes the world’s best economic development marketing materials, programs and partnerships, honoring organizations and individuals for their efforts in creating positive change in urban, suburban and rural communities. Lynchburg was awarded in the population category ranging from 25,000 to 200,000.
On behalf of the Economic Development Authority of the City of Lynchburg and the Office of Economic Development and Tourism, we are proud to share the Fiscal Year 2017 Opportunity Lynchburg Annual Report with you. At the City of Lynchburg, we take a multi-faceted approach to economic development, believing that the best results come from investing in people and place.
This fall, the City of Lynchburg will embark on an update to the Downtown/Riverfront Master Plan to address the future growth and development of downtown. This plan will build upon the previous Downtown Plans developed in 2000 (Lynchburg Downtown and Riverfront Master Plan) and in 2006 (Riverfront Implementation Plan). Downtown Lynchburg Association is a partner in this special planning project.
On Wednesday, the Office of Economic Development and Tourism released its Fiscal Year 2017 Annual Report. Our office takes great pride in driving economic growth for Lynchburg by effectively marketing the City as a preferred visitor destination for conventions, meetings, sporting events, group tours and leisure travelers.
The nonprofit arts and culture industry generates more than $10.8 million in annual economic activity in the City of Lynchburg—supporting 251 full-time equivalent jobs and generating $962,000 in local and state government revenues, according to the Arts & Economic Prosperity 5 national economic impact study.
The most comprehensive economic impact study of the nonprofit arts and culture industry ever conducted in the United States, Arts & Economic Prosperity 5 was conducted by Americans for the Arts, the nation’s leading nonprofit organization for advancing the arts and arts education.
The City of Lynchburg was selected to receive a 2017 Community Economic Development Award (CEDA) from the Virginia Economic Developers Association for Lynchburg Innovation Week. The awards were presented last week at the association’s Spring Conference in Charlottesville. The CEDA awards are designed to recognize outstanding communities in the Commonwealth for their efforts in advancing the economic viability of their community through economic and community development programs.
The Lynchburg Economic Development Authority has been awarded a Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund (VBAF) Site Assessment and Planning grant to support assessment of five (5) adjacent parcels, collectively referred to as the “12th & Church Site.”
The Economic Development Authority of the City of Lynchburg, Virginia (“the Authority”) is seeking proposals from professional consulting firms to provide accounting and financial support services.
The next deadline for applications to the James River Arts & Cultural District Program is March 1, 2017. The CIty's Arts & Cultural District Program is intended to attract citizens, organizations and partnerships that wish to create and execute projects within the District to benefit the welfare of the citizens of Lynchburg. Projects may include events, activities, capital investments, promotions, improvements, or displays that serve to further arts and culture in the District.
Please join the Lynchburg Office of Economic Development for the annual Enterprise Zone "How to Qualify" meeting and workshop on Tuesday, February 7th at 5:30 p.m. in the GTLC Transfer Center Conference Room, 800 Kemper Street.