24060 Economic Development Agency

Find 24060 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.

New River Valley Economic Development 6226 University Park Dr Radford VA 24141 11.7 miles from 24060 540-267-0007

Radford Economic Development Ste 140, 619 2nd St Radford VA 24141 12.2 miles from 24060 540-731-5048

Giles County Economic Development 507 Wenonah Ave Pearisburg VA 24134 17.9 miles from 24060 540-626-4368

Salem Economic Development 114 N Broad St Salem VA 24153 20.2 miles from 24060 540-375-3007

Roanoke County Economic Development 5204 Bernard Dr Cave Spring VA 24018 24.0 miles from 24060 540-772-2069

Pulaski Economic Development 42 1st Street Northwest Pulaski VA 24301 24.4 miles from 24060 540-994-8631

Roanoke Economic Development 117 Church Ave SW Roanoke VA 24011 26.4 miles from 24060 540-853-2715

Roanoke Valley Economic Development Ste 333, 111 Franklin Rd SE Roanoke VA 24011 26.6 miles from 24060 540-343-1550

Vinton Economic Development 311 S Pollard St Vinton VA 24179 28.9 miles from 24060 540-343-1508

Franklin County Economic Development 1255 Franklin Street Rocky Mount VA 24151 34.1 miles from 24060 540-483-6606

Martinsville County Economic Development # 200, 134 E Church St Martinsville VA 24112 49.6 miles from 24060 276-403-5940

Bedford County Economic Development 122 East Main Street Bedford VA 24523 49.7 miles from 24060 540-587-5670

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.