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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.

Thank you to our Investor Partners

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