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BUSINESS REPORT: Virginia’s High-Tech Economy Keeps Growing

Buisness Facilities Contributed Content

Virginia has been making headlines as a great state for business with several favorable factors. It is a right-to-work state, has a fixed 6 percent corporate income tax rate and has one of the lowest average workers’ compensation costs and unemployment burdens in the U.S., By Donna Clapp. From the July/August 2012 issue.

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State by State Incentives Guide

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Funds may be provided for the construction and/or improvement of water lines & wastewater facilities, sewer lines, sewage treatment facilities, roadways, natural gas-line services, electric power services, railroad spurs, lighting, sidewalks and alternative power sources such as solar. Railroad Spurs. Natural Gas-Line Services.

Income 108
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STATE INCENTIVES GUIDE

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In addition to the manufacturing industry and California’s small business employers, the Panel also prioritizes nanotechnology, biotechnology and life sciences, goods movement and transportation logistics, aerospace and defense, advanced IT services, multimedia/entertainment, healthcare, construction, agriculture and renewables.

Income 75