For more information contact: J. Mike Davidson
Economic Development Director (434) 592-9595 jmdavidson@co.campbell.va.us
Campbell County Financial Incentives
Campbell County offers incentives to qualifying
businesses. Incentives vary depending upon the type of business,
number of jobs created, wages paid and capital invested.
Economic Stimulus Grant
Property Discounts (for county owned property)
Permit Fee Waivers
Expediting the Permitting Process
Employment Credits
Infrastructure Assistance
Employment Training
Small and Minority-Owned Business Incentives
In an effort to encourage entrepreneuralism, Campbell County also offers a Small & Minority-Owned Business Incentive Program to qualifying businesses. Campbell County classifies companies with 25 or fewer employees as "small business." Campbell County recognizes the federal "minority and disadvantaged" guidelines and the groups identified by the Virginia Administrative Code as minority-owned business classifications.
Campbell County provides up to a 15% reduction in the Machinery & Tools tax for Certified Pollution Control Equipment.
The Campbell County Industrial Development Authority offers low-interest, tax exempt revenue bonds to qualified businesses.
Virginia Financial Incentives
In addition to Campbell County's incentive package, the Commonwealth of Virginia offers qualifying businesses outstanding incentive programs. Incentives may include:
Governor's Opportunity Fund
Virginia Jobs Investment Program
Virginia Investment Partnership Act
Sales and Use Tax Exemptions
Property Tax Exemptions
For more information on Virginia's incentive program, please visit the YesVirginia website.
Call us today to see if we may assist your business with incentives.
