VEDA ONLINE UPDATE

October 20, 2025

SUBMIT YOUR NOMINATIONS FOR THESE VEDA AWARDS!

ALL AWARDS NOMINATIONS MUST BE MADE ONLINE

RISING STAR AWARD (RSA)


The Rising Star Award will be given to a VEDA member who has made a mark on their employer during a relatively short tenure in a new role. The idea for this award (debuted in 2020) originated with the VEDA Young Professionals to recognize the Stars of Economic Development in Virginia.


Nominees for this award should demonstrate an appetite for excellence, an aptitude for learning new skills or mastering new responsibilities and show initiative in the workplace while modeling a positive attitude and professionalism in the field.


Nominations will be open in late summer each year to current VEDA members. The nominator must be a member of the Association and will be asked to participate in presenting the award. Award nominees are not limited to Emerging Leaders Members.


A nominee must have been in a new role for less than three (3) years from the date of the nomination (a new role is defined as a promotion, changing place of employment, or changing departments/ divisions/ teams, etc.). The Rising Star may only be awarded to an individual once.

 

The following requirements apply to all nominations:

  • Both the nominee and endorser must be current members of the Virginia Economic Developers Association.
  • The candidate's professional resume AND professional photo must be attached.
  • A one sentence quote about the nominee that may be used in introductions and promotional materials related to the award.


CHECK THE VEDA WEBSITE FOR GUILDELINES AND DETAILS!


DEADLINE FOR SUBMISSIONS: FRIDAY, OCTOBER 31, 2025

TOP PROJECT AWARDS (TPA)


In its fourth year and rapidly growing VEDA's Top Project Awards is a unique and fun program to highlight the vast talent we have in Virginia. This end of the year awards program celebrates a variety of economic development projects that are making positive impacts upon our communities.


Do you have one of the best economic development projects in the Commonwealth of 2025? Help us count down the best projects in Virginia this year! We will showcase your project video at the Winter Membership Meeting on Thursday, December 4th in Richmond. Let's end 2025 by celebrating our profession, having a few good laughs, and highlighting all the fantastic work of our members! We know that everyone is really busy, so we tried to make this as easy as possible for you. But we think it's important to recognize the amazing work that our members are accomplishing in a unique and fun way.


NOMINATION FORM

  • The NOMINATION FORM is quick and easy-we promise it will only take ten minutes.
  • Send a video (no less that 30 seconds and no more than 60 seconds) that tells us why your project deserves to be named one of the Top Projects of 2025.
  • Be sure to include the perfect blurb to be read when the awards are presented. If your project idea wins and include any team members or partners that you want recognized.


CHECK THE VEDA WEBSITE FOR DETAILS AND GUIDELINES!


CHECK OUT SOME OF THE PREVIOUS WINNING VIDEO SUBMISSIONS!


DEADLINE FOR SUBMISSIONS: FRIDAY, OCTOBER 31, 2025

MICHAEL W. WOODS LEGISLATOR OF THE YEAR AWARD (LOTY)


The VEDA Michael W. Woods Legislator of the Year (LOTY) Award was awarded for the first time in 2007 to Senator Walter A. Stosch to recognize his efforts in serving as an ambassador for economic and community development in Virginia. As this annual award continues to be an important recognition, the VEDA Board has continued to strengthen the process.

 

The LOTY was named in honor of VEDA’s long-time legislative liaison Michael W. Woods, who died on November 18, 2020, after a battle with cancer.

 

Candidates do not have to be VEDA members, nor must their contributions be related to any particular project or activity. The VEDA LOTY Committee will judge the awards based on several criteria. See VEDA website to see criteria.  


Help VEDA recognize those legislators who are positively promoting economic development in Virginia.


CHECK THE VEDA WEBSITE FOR GUIDELINES AND DETAILS!


DEADLINE FOR SUBMISSIONS: FRIDAY, DECEMBER 12, 2025.

COMMUNITY ECONOMIC DEVELOPMENT AWARDS (CEDA)


Economic development is not a solo practice. We team with government, the private sector, workforce development partners and countless others to make our communities competitive. The CEDA program recognizes the best practices and exceptional contributions of communities in the Commonwealth of Virginia for the following efforts: Business Retention and Expansion, Business Recruitment, Community Development and Community Involvement.


So that we may continue to learn from each other, VEDA's Board of Directors and the Awards and Scholarships Selection Committee urge you to identify an eligible success story in your community and nominate it for consideration TODAY!


The CEDA program is designed to recognize outstanding communities in the Commonwealth for their efforts in advancing economic viability through economic and community development programs. CEDA winners will be chosen based on the accompanying criteria and population categories. The VEDA Community Economic Development Awards will be presented during VEDA's Spring Conference.


DEADLINE FOR SUBMISSIONS: FRIDAY, JANUARY 23, 2026

VEDA Waller Family Memorial Scholarship Program


Economic developers realize the importance of professional development. Educational venues - where knowledge, professional experience, and best practices are shared between economic development practitioners - provide invaluable learning opportunities. VEDA offers professional development scholarships through the Waller Family Memorial Scholarship Program annually to help its members with their professional development efforts.


The Waller Family Memorial Scholarship was initially created in memory of Smiley H. Waller, VEDA’s first Executive Director who served the organization for more than 15 years. The scholarship was funded by Smiley’s family until Tom Waller’s passing in 2022. The VEDA Board voted in October 2022 to continue to fund this scholarship and rename it for both Tom and Smiley Waller under the name Waller Family Memorial Scholarship. In October 2023, the VEDA Board restructured VEDA’s scholarship program to be more flexible for applicants and created the Waller Family Memorial Scholarship Program to cover all scholarship funding. VEDA scholarship funding is determined in VEDA’s annual budgeting process and distributed at the discretion of the VEDA Awards & Scholarship Committee, based on the number of applications received and the tuition costs of the indicated course.

 

General Scholarship Application Information

The VEDA Scholarship application process begins in the fall with applications due in December. The scholarship portal remains open throughout the year, but applications will not be reviewed until January, with recipients being immediately notified once the committee has made its decisions. All scholarship recipients must utilize the scholarship in the calendar year. (Next cycle request for reimbursements are due by December 15, 2026.)

 

Scholarship funding is determined through the VEDA budget process annually (usually in September). The VEDA Board strives to allow for as many scholarships as possible within the confines of the budget based on anticipated revenue and expenses for the coming year.


Professional Development Scholarships

VEDA has identified the following professional development training opportunities to be eligible for scholarship support:

 

 

Dates, times, and locations of all eligible economic development courses may be found on the VEDA website in the Calendar section.


All scholarship application information must be submitted online through the VEDA website. Any requested documents in addition to the online form must be uploaded to the VEDA website as a single PDF document. All applicants must provide the date of the course they wish to attend and the amount of tuition for that course.


DEADLINE FOR NEXT SCHOLARSHIP CYCLE: FRIDAY, DECEMBER 19, 2025


CHECK THE VEDA WEBSITE FOR GUIDELINE AND DETAILS!

WWW.GOVEDA.ORG