About Us


The Economic Development Authority enters commercial arrangements on behalf of the City of Richmond, leveraging its powers to incentivize commercial investment for job creation, community well-being, and economic growth.  We work in partnership with City Council, the Mayor’s Administration, and state officials to align strategic investments in key industry clusters.  Our work includes:

  • Loan review and authorization;
  • Real estate planning and development assistance;
  • Tax exempt finance and incentives;
  • Startup business support; and
  • Collaboration across our community of new ventures.
About Us

 The Richmond EDA is authorized to initiate and develop business opportunities on behalf of the City.  The EDA’s mission is to foster economic development and job creation through strategic real estate development, startup support, and small business finance programs.

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Address : 501 East Franklin Street, Richmond, VA   23219

Phone : (804) 521-4002

Fax : (804) 521-4004

Email : richard.montague@richmondeda.org