*Note: The State Enterprise Zone Program is due to expire in June 2005. The Program is presently under review by State Legislature for possible extension or revision. Please contact the
Virginia
Department
of Housing and Community Development for information on Enterprise Zone status.
Financial Assistance:
Small Business Environmental Compliance Assistance Fund
Virgina Defense Conversion Revolving Loan Fund
Industrial Development Bonds
Virginia Small Business Financing Authority
Virginia Economic Development Revolving Loan Fund
Loan Guaranty Program
Virginia Investment Partnership Grant Fund
Export Financing Assistance Program
Child Day Care Financing Program
Governor's Opportunity Fund
Community Development Block Grants
Solar Photovoltaic Manufacturing Grants
Infrastructure Development Grants:
Industrial Access Road Program
Rail Industrial Access Program
Foreign Trade Zones
Customized Workforce Training:
Workforce services including consulting, video production, and funding of training
Regional Workforce Development Initiative: wage and skills survey, Workforce Development Center
Tax Credits and Exemptions:
Major Business Facility Job Tax Credit
Recycling Equipment Tax Credit
Enterprise Zone Tax Credits
Sales and Use Tax Exemptions
Day Care Facility Investment Tax Credit
Worker Retraining Tax Credit
Technology Zone Tax Credits
Technical Support Programs:
Virginia's Center for Innovative Technology
Global Market Research Program
Small Business Development Centers
Technical Assistance Centers
Virginia Leaders in Export Trade (VALET)
Office of Economic Development
Keith Taylor, Director
101-C Mounts Bay Road, P.O. Box 8784
Williamsburg, VA 23187-8784
(757) 253-6607 - econdev@james-city.va.us