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Danville, VA Local Government News and Announcements

Posted on: January 3, 2024

City to host Enterprise Zone workshop

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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