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News

Opening Texas
May 07, 2020

The Texas Governor’s Strike Force to Open Texas has provided Guidelines and Open Texas Checklists to help safely and strategically restart and revitalize all aspects of the Lone Star State. All Texans are called on to act responsibly while helping protect our most vulnerable neighbors. 

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Covid-19 Business Impact Survey #2 Results
Apr 20, 2020
VEDC is partnering with Corpus Christi's Regional EDC to better understand the impact of the COVID-19 crisis on our local business community. We are participating in an impact analysis project as a member of the COVID-19 Business Resources Working Group that is conducting a series of local business surveys.
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Texas Governor Announces $50 million in Small Business Loans
Apr 14, 2020
Governor Greg Abbott announced that Goldman Sachs and the LiftFund, along with other community development financial institutions (CDFIs), are partnering to provide $50 million in loans to small businesses in Texas that have been affected by COVID-19 as part of the Goldman Sachs 10,000 Small Businesses program.
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About Victoria EDC

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Victoria Economic Development Corporation (VEDC), formed in 1982, is a private economic development organization created to serve the City of Victoria, Victoria County, and the surrounding geographical region impacting Victoria’s economy.

The key objectives of Victoria Economic Development Corporation:

  • To recruit new businesses, both international and domestic, in order to create jobs and increase the tax base.
  • To retain and expand existing business by assisting them to increase profitability through exports, strategic alliances, new project development and workforce development improvements.

VEDC accomplishes these objectives by:

  • Working on job creation in the Victoria area with a comprehensive plan in place.
  • Initiating contact with companies within targeted industries.
  • Responding to industrial and manufacturing inquiries about the Victoria market.
  • Marketing Victoria to prospective companies via brochures, statistical data, and project specific proposals.
  • Maintaining a statistical database on Victoria and the area to meet the needs of prospective companies.
  • Working with high schools and colleges in the Victoria area to have in place a variety of job-training programs. Customized job-training programs can also be activated if a prospective company requests such a service.

VEDC is proud to provide services for companies moving within or relocating to Victoria including:

  • Identifying client needs and coordinating development efforts, i.e.. site location, buildings, infrastructure, skilled workforce, utilities, etc.
  • Working with clients as a liaison with the State of Texas, City of Victoria, Victoria County, and the Victoria Navigation District to obtain fast track permitting and ensuring projects successfully meet completion on time.

VEDC is:

Contractual agreements are in place with the Victoria Sales Tax Development Corporation - City of Victoria, Victoria County, and the Victoria County Navigation District to provide economic development services. These partnerships strengthen Victoria’s competitive position. VEDC’s private sector funding is derived from businesses and individuals committed to supporting Victoria’s growth. Contact us at vedc@victoriaedc.com for more information on becoming a member of VEDC.