Local news- Press Release
Danville Virginia - City to host Enterprise Zone workshop 03 January 2024 ( news )
Danville , state Virginia ( By Press Release office)
Jan 03,2024
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The Danville Office of Economic Development & Tourism will host an Enterprise Zone workshop on Tuesday , Jan . 30 .
Interested businesses looking to expand their facility or hire new staff will have the chance to learn about incentive opportunities and the Enterprise Zone application process . Insights on tax credits and financial assistance will also be shared , along with the latest updates and opportunities for state and local level grants .
The workshop will be held at the Danville Fire Department , 600 Lynn St . , from 9 a . m . to noon . Light refreshments will be provided .
“We are excited to kick off the Enterprise workshop again for the businesses located within the zone boundaries , ” said Samantha Bagbey , project manager for the Danville Office of Economic Development & Tourism and local Enterprise Zone administrator . “Businesses can expect to learn about how to qualify and take advantage of incentives provided by the state as well as what local options are available inside the zone . ”
The Virginia Enterprise Zone ( VEZ ) program is a partnership between state and local governments that encourages job creation and private investment . The VEZ program accomplishes this by designating Enterprise Zones throughout the state and providing two grant - based incentives - - Job Creation Grant and Real Property Investment Grant - - to qualified investors and job creators within those zones .
To see if your business is located within the zone , visit
https://maps . vedp . org/zones/
. To register and learn more , visit
http://www . discoverdanville . com/business - support/incentives - overview/local - enterprise - zone/
.
About the Office of Economic Development & Tourism
The Danville Office of Economic Development & Tourism recruits and retains businesses for the Danville area . The office provides information on available sites and buildings , incentives and other financial resources and offers a website designed for the business community: www . discoverdanville . com .
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