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sadams@newsandsentinel.com State Treasurer Riley Moore talks about the advantages of his Jumpstart Savings Program for vocational programs and trades. (Photo by Steven Allen Adams) CHARLESTON — Making good on a campaign promise, a bill by State Treasurer Riley Moore to help West Virginians wishing to enter the trades made it through the House Education Committee on Thursday. The committee substitute for House Bill 2001, the West Virginia Jumpstart Savings Program, was adopted Thursday afternoon, making it one of the first bills to head to the full House of Delegates. The Jumpstart Savings...

Last week I wrote about a $25 million loan program managed by the West Virginia Economic Development Authority that lost more than $24 million over the last 19

Last week I wrote about a $25 million loan program managed by the West Virginia Economic Development Authority that lost more than $24 million over the last 19

Jan 29, 2021 For most West Virginians, losing track of $250 — or, for that matter, even $25 — would be a problem. It seems as though for the West Virginia Economic Development Authority, losing track of $25 million was not. When the EDA was created during then-Gov. Bob Wise’s administration in 2002, one of the goals was the creation of jobs. So, the EDA borrowed $25 million from the Investment Management Board to fund seven venture capital firms, which were supposed to do just that. “It is the Legislative Auditor’s opinion that the Loan Program did not achieve the intended outcomes...

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