Virginia offers a variety of performance-based incentives designed to target the needs of the company and the development plans of localities and the state. Virginia views incentives as an investment in Virginia’s economic future and a business opportunity for both the Commonwealth and the company.
Virginia incentives include:
- Discretionary Incentives
- Financial Assistance
- Infrastructure Assistance
- Recruitment & Training Incentives
- Regional & Local Assistance
- Tax Incentives
The Shenandoah Valley Partnership connects prospective investors and expanding businesses with state and local government contacts to foster the development of potential incentive packages tailored to the specific needs and requirements of each project. In addition to a variety of state-led performance-based incentives resources for growth, local incentive packages are available in the Shenandoah Valley, generally performance-based utilizing an ROI analysis.