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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.
For a downloadable copy of Campbell County's full incentive policy, click here.
In an effort to encourage entrepreneurship, Campbell County also offers a Small Business Incentive Program to qualifying businesses. Campbell County classifies companies with 25 or fewer employees as "small business."
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.
In addition to Campbell County's incentive package, the Commonwealth of Virginia offers qualifying business tax-exempt standing incentive programs. Incentives may include:
For a downloadable copy of Campbell County's full incentive policy, click here.
Incentives Offered
- 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
Small Business Incentive
In an effort to encourage entrepreneurship, Campbell County also offers a Small Business Incentive Program to qualifying businesses. Campbell County classifies companies with 25 or fewer employees as "small business."
Pollution Control Equipment Incentive
Campbell County provides up to a 15% reduction in the Machinery & Tools tax for Certified Pollution Control Equipment.
Industrial Development Authority
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 business tax-exempt standing incentive programs. Incentives may include:
- Commonwealth Opportunity Fund
- Tobacco Region Opportunity Fund
- Virginia Jobs Investment Program
- Virginia Economic Development Incentive Grant
- Virginia Investment Partnership
- Sales and Use Tax Exemptions
- Property Tax Exemptions