"The high-tech park in Fairmont is extremely valuable to our economy," Caputo said. "The Marion County House delegation has always been very supportive of it and continues to seek state funding, but I realize that the governor is operating with an extremely tight budget and is forced to turn away many worthwhile efforts seeking funding."
Caputo said he's not criticizing the South Charleston facility and its role in Southern West Virginia's economic development, but that he will continue to do what he can to obtain state funds for the Northern park.
Austin Frecks and his business partners moved to north-central West Virginia to start their high-tech business, Aces And Eights Corp.
"One of the major factors for any start-up is trying to keep your bottom line as low as you can until you're on your feet," Frecks said.
The company moved into the I-79 tech park's incubator, which provided cheaper rent, business support and communication systems.
"What the area brought to us was having that many federal anchors right there," Frecks said. "Federal anchors tend to put out contracts, a lot less in the days of sequestration but, nonetheless, if you do any type of high-technology business that has anything to do with government, you tend to want to migrate toward centers that have a lot of federal anchors."
However, as far as state funding, "that was an eye-opener that we learned once getting here," Frecks said. "The state isn't helping as much as we thought."
He said he thinks the Northern high-tech park is in a pivotal time.
"There's no money to do anything," he said. "We're stagnant and at a standstill. I'd venture to guess some of the services that are currently offered may be downscaled or even put on the shelf temporarily because of funding.
"Not only will we not move forward, we'll actually move backward."
Reach Caitlin Cook at caitlin.c...@wvgazette.com or 304-348-5113.