The following incentives are intended to assist business start-ups and existing businesses in York County.
All questions regarding Business Incentives should be directed to Mr. James Noel, Director of Economic Development at (757) 890-3317.
Does York County have an Enterprise Zone?
Does York County offer loan programs to its businesses?
York County has an Economic Development Fund that the Board of Supervisors can utilize to assist a company in locating to the County. The magnitude of this assistance is in direct proportion to the tax revenue generated, job creation, and growth potential of the new business.
York County Industrial Development Authority - In addition to issuing Industrial Revenue Bonds, the Authority has provided financial assistance to businesses locating in the County. The magnitude of this assistance is in direct proportion to the tax revenue generated, job creation, and growth potential of the new business.
James River Development Corporation - serves York County for businesses utilizing the U.S. Small Business Administration 504 Loan Program.
Hampton Roads Private Investor Network - Operating under the auspices of the Small Business Development Center of Hampton Roads, the Network provides access to equity-type financing from private investors for new or existing ventures.
Conventional Financing - Due to the significant number of commercial banks and thrift institutions in the Peninsula area, large industrial and commercial loans are readily available to qualified businesses.
Virginia Small Business Financing Authority - Loan programs for small businesses including "umbrella" IRB financing and working capital loans.
How can a perspective business find out more information about the incentives in York County?
Office of Economic Development
225 Ballard Street
P.O. Box 612
Yorktown, VA 23690