Your Intersection of

In Princeton, West Virginia, you’ll find a strong fusion of community and government support for your business.

Princeton Economic Development Authority works with you to find the things you need to be successful in business.

West Virginia is highlighted in orange with a map pin over Princeton. NY, PA, DE, MD, VA, and NC are in dark green to represent the mid-atlantic states. Highlighted is I-77 is US Route 460.

The Hub of
the Mid-Atlantic

Princeton, WV, is conveniently located with quick access to I-77 and US Route 460. With roads going north, south, east, and west, you will be able to make a quick day trip to places like Roanoke, VA, or Charlotte, NC.

The first icon is for Interstate 77. It shows a red background at the top with "Interstate" written out, and a blue bottom with "77" written out. The right icon is for US Route 460. It is shaped like a "route" sign, and depicts 460 in the middle in black letter.

Hours To Roanoke, VA and Charleston, WV

Hours To Charlotte, NC

Hours To Washington D.C.

Hours To Atlanta, GA

Who We Are

Princeton Economic Development Authority was formed in 2021 to expand, cultivate, and support commerce within the City.

PEDA is made up of individuals within our community who help create ideas, gather funds, and support businesses, both small and large. Learn more about who we are and what we can do for your business or organization.

How We Can Help

New Business Planning

Our Director will assist you with the creation of a business plan and walk you through all the steps to open your business.

Property Assistance

Whether you’re planning to relocate, invest in a property, or are having trouble finding the right location for your business, our staff can help you find the perfect solution for your budget.

Grants & Incentives

The City of Princeton offers a variety of incentives, grants, or assistance to help you build your future within city limits.

Why Princeton?

Princeton is growing fast, and businesses like yours can be a part of it. With a growing population located in small-town America—a rare combination—opportunity knocks! Princeton Economic Development Authority is committed to increasing the diverse range of small businesses serving this community by investing in you. Experience the joy of a community that values you. Click the button below for more information about business incentives, taxes, and where to begin.
This is a bar chart that features the overall cost of living in Princeton and West Virginia based on the national average. Text includes: Overall: Princeton -27.9%, WV - 20.6%. Grocery: Princeton - 6%, WV - 4.2%. Housing: Princeton - 70%, WV - 60.7%. Utilities: Princeton - 17.5%, WV - 60.7%. Transportation: Princeton - 26.3%, WV - 9.9%.

Cost of Living Is Lower than the National Average.

This is a bar chart that shows Princeton Median Housing costs in comparison to Mercer County, West Virginia, and the United States. Median Monthly Cost of Units with Mortgage: Princeton, WV - $849, Mercer County, WV - $955, West Virginia - $1058, United States - $1621. Median Monthly Cost of Units with Mortgage: Princeton, WV - $384, Mercer County WV - $322, West Virginia - $331, United States - $509. Median Monthly Rent: Princeton, WV - $714, Mercer County, WV - $695, West Virginia - $732, United States - $1096.

Median Housing Costs Are Lower than the National Average.

This is a bar chart that compares Princeton, Mercer County, West Virginia, and United States commute times from 2010 and 2020 in minutes. Commute times in minutes, 2010: Princeton - 19.5, Mercer County - 22.5, West Virginia - 25.4, United States - 25.2. Commute times in minutes, 2020: Princeton - 19.1, Mercer County - 21.9, WV - 26.1, United States - 25.5.

Commute Times Are Shorter than the National Average.

Business Spotlight

Service Cleaners Inc.

City of Princeton Business Spotlight – Our Business Spotlight this week is Service Cleaners Inc. Service Cleaners offers a wide variety of services, including professional dry cleaning, wash and fold, wedding gown cleaning, stain removal, and alteration services. History is a major part of Service...

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News & Updates

Rotary Business Works Grant Announcement

PRINCETON, WV – The Princeton Economic Development Authority proudly announces a joint venture between PEDA, the Princeton Rotary Club, and the Chamber of Commerce of the Two Virginias to create the Princeton Business Works Grant. This opportunity will...

City-Owned Property Transfer to PEDA

PRINCETON, WV – The City of Princeton is in the process of transferring three city-owned parcels located on Kirk and Young Streets and eleven city-owned parcels on High Street and MLK Avenue to PEDA. This movement of property comes as a result of an increase in...

PEDA Celebrates Small Business Week

PRINCETON, WV- The Princeton Economic Development Authority is proud to announce that Monday, May 2 through Sunday, May 8 is National Small Business Week. This week is to honor and represent small businesses, their respective owners, and their hardworking employees...

Princeton Announces “Buy Local” Initiative

PRINCETON, WV – The Princeton Economic Development Authority is proud to announce that Princeton City Manager, Mike Webb, has directed all departments within the municipal government to purchase their supplies, tools, and maintenance needs within Princeton...

PEDA Awarded LEDA Grant

PRINCETON, WV- The Princeton Economic Development Authority is proud to announce that it was awarded a Local Economic Development Assistance Grant for the amount of $6,482.33 from the West Virginia House of Delegates. This amount will help cover a portion of initial...

PEDA Announces New Branding

PRINCETON, WV- The Princeton Economic Development Authority (PEDA) is proud to announce the finalization of its logo and slogan. Featuring shades of orange and blue, with arrows pointing north, east, south, and west, the logo was inspired by the city’s classic evening...

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Let's play the weekly "Where Am I?" game!

Do you know which Princeton business is featured in this photo?

The City of Princeton, as we all know, has many unique and wonderful businesses! Many of them have signature products or unforgettable decorations.

Place YOUR GUESS in the comment section. Check back on Friday and see if your guess was correct.
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4 weeks ago
Lets play the weekly Where Am I? game!

Do you know which Princeton business is featured in this photo?

The City of Princeton, as we all know, has many unique and wonderful businesses! Many of them have signature products or unforgettable decorations.

Place YOUR GUESS in the comment section. Check back on Friday and see if your guess was correct.

4 CommentsComment on Facebook

Robo Car Wash

Can you guess where this man is? Spoiler alert a graveyard!

OFFICERS KNOWINGLY BREAK THE LAW TO SHOOT MAN WHO WROTE BAD POSTS ABOUT THEM ONLINE. These officers knowingly broke the law, intentionally did not wear a bodycam, battered the mans wifr, knowingly criminally broke into the mans home and shot him dead. WHO WILL BE NEXT AS POLICE CHIEF SUPPORTS VIOLENT COWARDS THAT WORK FOR HIM KNOWINGLY BREAKING INTO A HOUSE TO SHOOT DEAD A MAN KNOWING WHAT THEY ARE DOING IS A CRIMINAL ACT ? youtu.be/BfXtmXwah7E?si=gep6BiLlz_H2d81c