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Incentives

Virginia Incentives

The Commonwealth of Virginia is dedicated to creating a thriving economic environment for new and expanding businesses through a variety of performance-based, targeted incentives. From tax credits to tax exemptions, Virginia regularly invests in those who invest in the Commonwealth.

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Henrico Incentives

Henrico is dedicated to creating a thriving economic atmosphere for new and expanding businesses through a variety of performance-based, targeted incentives. These competitive incentives can be tailored to the specific needs of businesses - such as workforce assistance, utility and infrastructure improvements, and economic support. Discretionary incentives are available for qualifying projects based on their impact on Henrico and are subject to a performance agreement and Board of Supervisors approval.

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News & Insights

Startup Virginia Expands Incubator Services with New Programs and Henrico Location
2025-11-13
Governor Youngkin Joins Ribbon Cutting to Celebrate Completion of Kinsale Center Phase 1
2025-11-12
Korn Ferry Tour Championship Relocating to Virginia’s Richmond Region in 2026
2025-10-20
Governor Glenn Youngkin Announces ABB, Inc. Expansion in Henrico County
2025-09-16