Lynchburg Region Incentives

Aiding in Existing Growth

Chris Terrell of England Stove Works talks about how Amherst County's assistance helped the company open a second location & expand capacity.

The Lynchburg Region will work with new and existing companies to develop incentive packages for added jobs and investment. Incentive packages are created through partnerships with the Virginia Economic Development Partnership and the selected locality. All incentives are offered based on the anticipated capital investment and jobs created.

We are proud to be a part of the State of Virginia’s Top Ranked Business Incentive Program.

Each locality in Lynchburg Region will consider:

Discussing the possibility of a write-down on the land value for publicly-owned property (requires performance-based commitment).
Helping expedite government assistance.
Helping coordinate state and local assistance.
Helping connect you with direction for incentives, loans, employment/job training, and other programs.
Offering guidance in permit and regulatory processes.
Offering assistance with utility fees (requires a performance based commitment agreement).

Possible Local Incentives

Technology Zones
Enterprise Zones
Opportunity Zones
Foreign Trade Zones
New Market Tax Credits
Assistance with utility fees and charges
Delivery of infrastructure to sites & buildings
Write-down of costs of sites & buildings
Capital Investment Programs
Redevelopment Programs
Real Estate Rehab & Renovation Tax Credits
James River Arts & Cultural District Program
Tourism Zone

Possible State Incentives

Commonwealth Opportunity Fund
Virginia Investment Partnership Act
The Virginia Development Incentive Grant
Clean Energy Manufacturing Incentive Grant
Virginia Jobs Investment Programs
Corporate Income Tax Credits
Virginia Port Authority
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
Tobacco Region Revitalization Commission (only applicable in the counties of Appomattox, Bedford, and Campbell)

For a full list of Virginia Incentives and incentive maps see the download on this page.