22722 Economic Development Agency

Find 22722 economic development agencies, departments, and corporations. Economic development agencies provide information on resources for economic growth, expansion of local businesses, attracting new business and tourism.

Greene County Economic Development Ste 2, 8315 Seminole Trl Ruckersville VA 22968 18.5 miles from 22722 434-985-6663

Fauquier County Economic Development 35 Culpeper Street Warrenton VA 20186 28.9 miles from 22722 540-422-8270

Front Royal Economic Development 404 Kendrick Lane Front Royal VA 22630 32.4 miles from 22722 540-635-2182

Harrisonburg Economic Development 345 S Main St Harrisonburg VA 22801 34.8 miles from 22722 540-432-7736

Fredericksburg City Economic Development 706 Caroline St Fredericksburg VA 22401 43.2 miles from 22722 540-372-1216

Prince William County Economic Development 10530 Linden Lake Plaza Manassas VA 20109 44.8 miles from 22722 703-792-5500

Waynesboro Economic Development 301 W Main St Waynesboro VA 22980 45.1 miles from 22722 540-942-6779

Frederick County Economic Development 45 East Boscawen Street Winchester VA 22601 49.7 miles from 22722 540-665-0973

Economic Development Agencies Near Me

About Economic Development Agencies

What is a tax abatement?

A tax abatement is an agreement between a business and a taxing entity, such as a state, county, or local government, which provides a temporary tax reduction for a business that expands or makes physical improvements. Typically, the additional property taxes that would have been levied as a result of the business expansion or improvement are forgiven for a specified period of time. Businesses are sometimes offered tax abatements as a way to encourage expansion and investment.

What is the difference between an Economic Development Agency and an Economic Development Commission?

An Economic Development Agency is an agency of the government staffed by professional employees who implement the programs and services of the agency. An Economic Development Commission usually refers to an appointed board that serves as an advisor on economic policy. Economic Development Commissions are common at the county and local levels of government.

What do I need to do to start a new business?

Most Economic Development Agencies have a staff person or office to help prospective business owners to understand how to register their business and obtain any necessary licensing.