Lynchburg Region Incentives
In addition to the state incentives offered, our localities offer clear incentives for you to locate your business here.
Each community in Lynchburg Region will:
- Discuss the possibility of a write-down on the land value for publicly owned property (requires performance-based commitment.)
- Help expedite government assistance.
- Help coordinate state and local assistance.
- Help connect you with direction for incentives, loans, employment/job training and other programs.
- Offer guidance in permit and regulatory processes.
- Offer assistance with utility fees (requires a performance based commitment agreement.)
- In addition to these commonly shared incentive programs, several communities offer specific incentives.
LOCAL INCENTIVES
- Technology Zones
- Enterprise Zones
- Foreign Trade Zones
- Virginia Port Authority
- New Market Tax Credits
- Assistance with Utility Fees & Charges
- Delivery of Infrastructure to Sites & Buildings
- Write-down of Costs of Sites & Buildings
- Cash Grants
- Combinations of State & Local Grant Programs
- Capital Investment Programs
- Redevelopment Programs
- Real Estate Rehab & Renovation Tax Credits
- Loans, Grants & Bonds
- James River Arts & Cultural District Program
- Tourism Zone
STATE INCENTIVES
- Governor’s Opportunity Fund
- Virginia Investment Partnership Act
- The Virginia Development Incentive Grant
- Clean Energy Manufacturing Incentive Grant
- Virginia Jobs Investment Programs
- Tobacco Region Revitalization Commission (counties of Appomattox, Bedford, and Campbell)
- Corporate Income Tax Credits
- Sales and Use Tax Credits
- Property Tax Exemptions
- Economic Development Access Program
- Rail Industrial Access Program
- Transportation Partnership Opportunity Fund
- Virginia Small Business Financing Authority
- Enterprise Zones
- Technology Zone
- Foreign Trade Zones
- Defense Production Zones
For more information please contact us.
