1. (1) advance the economic welfare of the public through programs and activities that develop in a proper manner the natural resources and economic opportunities of the State;
2. (2) promote and encourage the location and creation of new industries and businesses in the State and encourage the retention and expansion of existing industries;
3. (3) support the creation of new businesses and the growth of existing businesses in the State by improving their quality, productivity, and competitive position in the global marketplace;
4. (4) assist the growth and revitalization of small businesses;
5. (5) support the growth of the State and regional economies by providing consulting, technical assistance, and liaison activities on business and economic development issues;
6. (6) promote the development of international trade activities;
7. (7) assist businesses and employees through training and other employment services;
8. (8) promote regulatory reform and coordinate efforts with other State and local units; and
9. (9) foster and develop employment opportunities for residents of the State.

To attract and encourage business development and serve the needs of business, the Department shall:

Added as Economic Development § 2-118 by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008. Renumbered as Economic Development § 2.5-105 by Acts 2015, c. 141, § 1, eff. Oct. 1, 2015. Amended by Acts 2015, c. 141, § 2, eff. Oct. 1, 2015.