The Shenandoah Valley Partnership connects development prospects with state and local government agencies to assure an incentive package tailored to the specific needs and requirements of each prospective project. A Virginia Guide to Business Incentives outlines the Governor's Opportunity Fund (GOF),Virginia Investment Partnership (VIP) and other state incentive programs.
Local incentive packages are generally performance-based with a value typically equivalent to a two to ten year direct payback calculated utilizing ROI analysis. Recent Shenandoah Valley incentive packages have included heavily discounted land sale prices, relocation assistance, workforce recruitment and training assistance, Enterprise Zone benefits, Technology Zone benefits, HUB Zone benefits, utility and road construction, utility fee concessions and connection fee waivers, and expedited plan of development approval and permitting.
For additional information or assistance, contact the Shenandoah Valley Partnership 540-568-3100.
Enterprise Zone Information
Technology Zone Information