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Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of Virginia economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Economic Development Access Program: Administered by the Virginia Department of Transportation, it assists localities in providing adequate road access to new and expanding basic employers.

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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. Tennessee is proud to be a right-to-work state with no personal income tax on wages. North Carolina, Colorado and Virginia topped the chart in BF’s flagship Economic Growth Potential ranking.

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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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Centers of Technology: The Future Is Now

Business Facilities

Last year, Chicago’s thriving startups secured more than $1.7 We have low costs of doing business, our corporate income tax rate is the lowest in New England, the quality of life is high and cost of living is relatively low.”. The Kauffman Index of Growth Entrepreneurship ranks Virginia number one for startup growth in the country. “Our

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2012 Business Facilities Rankings Report

Buisness Facilities Contributed Content

Rounding out the top five in Best Business Climate are Virginia, which is luring major government contractors to relocate their headquarters to the state (Northrop made the move, and VA is courting Lockheed); Florida, where Gov. Virginia maintained its leadership in our Economic Growth Potential category with a second-place finish.

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BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

Buisness Facilities Contributed Content

Conceptual layout of the Social Security Administration’s new data center in Urbana. The General Services Administration’s (GSA) Mid-Atlantic Region and the Social Security Administration (SSA) are collaborating to design and construct the SSA’s new National Support Center in Urbana, MD. By Jonathan Sanders. million people.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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