Incentives

Universal Fibers

A variety of state and local incentives are available for qualified economic development projects.

State incentives include:

Commonwealth’s Opportunity Fund

Virginia Investment Partnership Act (VIP)/Major Eligible Employer Grant (MEE)

Virginia Economic Development Grant (VEDIG)

Governor’s Agriculture and Forestry Industries Development Fund

Port of Virginia Economic and Infrastructure Development Grant Fund

Virginia Jobs Investment Program

Corporate Income Tax Credits

Sales and Use Tax Exemptions

Property Tax Exemptions

Economic Development Access Program

Rail Industrial Access Program

Transportation Partnership Opportunity Fund

Tobacco Region Opportunity Fund (applies to Washington County)

washington county va enterprise zone

Enterprise Zones

Several locations in Washington County are part of a designated Virginia Enterprise Zone, including multiple sites in both Highlands Business Park and Oak Park Center for Business and Industry.

For more information on any of these incentives, or to learn which incentives may apply to your business, please contact Whitney Bonham at the Washington County Department of Economic Development & Community Relations.

Contact Us

  • Whitney Bonham
    Whitney BonhamDirector of Economic Development and Community Relations
    wbonham@washcova.com
    Tel. 276-525-1300