22723 Economic Development Agency

Find 22723 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 7.6 miles from 22723 434-985-6663

Harrisonburg Economic Development 345 S Main St Harrisonburg VA 22801 27.6 miles from 22723 540-432-7736

Waynesboro Economic Development 301 W Main St Waynesboro VA 22980 33.1 miles from 22723 540-942-6779

Fauquier County Economic Development 35 Culpeper Street Warrenton VA 20186 41.0 miles from 22723 540-422-8270

Front Royal Economic Development 404 Kendrick Lane Front Royal VA 22630 42.5 miles from 22723 540-635-2182

Fredericksburg City Economic Development 706 Caroline St Fredericksburg VA 22401 50.1 miles from 22723 540-372-1216

Goochland County Economic Development 1800 Sandy Hook Rd Goochland VA 23063 51.5 miles from 22723 804-556-5800

Pendleton County Economic Development 18 Hc 61 Franklin WV 26807 55.6 miles from 22723 304-358-2074

Economic Development Agencies Near Me

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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.