The City of Salem Economic Development Authority (EDA) was organized in 2017. Composed of seven members, the EDA works in close partnership with the Department of Economic Development to serve local business. 

The Economic Development Authority meets monthly on the third Tuesday at 3 p.m. in the Salem City Manager's conference room. All EDA meetings are open to the public.

The Economic Development Authority of the City of Salem has reinstated its Façade Grant Program. The objective of the program is to support the goals of the City’s Downtown Plan by providing matching funds to small businesses and property owners in Salem to enhance the look of the City.  The Façade Improvement Program provides grants of up to $5,000 in matching funds of financial assistance for building façades and other types of property improvements utilizing the established design guidelines.. For more information please call the City Manager's Office at 375-3007 or contact the City's Business Outreach Coordinator, Wayne Adkins, at 540-375-3007 or cwadkins@salemva.gov