Taxes & Incentives
Tailored Support for Business Success in Alexandria
The Alexandria team understands that expanding or relocating your business is a major decision. No two companies are the same—which is why we take the time to listen, understand your goals, and when possible, create a customized support package that aligns with your vision.
Whether you’re entering the U.S. market, scaling up operations, or investing in new space, our team works closely with you to streamline the process and reduce risk. We offer a range of local and state programs, grants, and incentives designed to help companies access top talent, reduce costs, and thrive in a welcoming business environment.
Local Business Incentives and Support
Case-by-Case Support
Each business is unique, and so is our approach. Financial and other forms of support are evaluated on a project-by-project basis, taking into account factors such as job creation, capital investment, and real estate impact.
Alexandria Incentive Fund
The Alexandria Incentive Fund is a discretionary grant program that supports:
- Local match contributions for state incentive programs
- Projects that fill or catalyze the development of office or hotel buildings
- Business attraction or expansion that significantly increases city tax revenue
Grant amounts are tailored based on job creation, capital investment, and the impact on Alexandria’s commercial real estate.
Tax and Fee Reductions
The City of Alexandria has the authority to reduce or abate certain local taxes and fees to encourage economic development.
Tax-Exempt Bond Financing
The Alexandria Industrial Development Authority offers access to below-market bond financing for eligible capital projects.
Targeted Infrastructure Investments
Through the City’s Capital Improvement Program, Alexandria can support infrastructure upgrades to accommodate new or expanding developments that benefit the community.
State-Level Incentives from Virginia
AEDP works closely with the Virginia Economic Development Partnership (VEDP) to bring powerful statewide programs to Alexandria-based businesses. These include performance-based grants, tax credits, and workforce solutions designed to reward growth.
Highlighted programs include:
- Commonwealth’s Development Opportunity Fund (COF)
Flexible grants to close competitive expansion or relocation deals. - Virginia Economic Development Incentive Grant (VEDIG)
Targeted for high-impact headquarters and administrative operations. - Major Eligible Employer Grant (MEE)
Designed for large-scale expansions and job creation. - Virginia Talent Accelerator Program
Customized workforce recruitment and training solutions at no cost to qualified companies. - Virginia Jobs Investment Program (VJIP)
Funding and support for companies creating new jobs or adopting new technologies. - Major Business Facility Job Tax Credit
$1,000 income tax credit per qualifying new full-time job. - Major R&D Expenses Tax Credit
Income tax credits for companies spending over $5M on research and development. - Agriculture & Forestry Industries Development Fund (AFID)
Grants supporting value-added use of Virginia-grown agriculture and forestry products (including breweries, cideries, etc.).
Let’s Build Something Together
If your company is considering expansion, relocation, or investment in Alexandria, we’re ready to help you make it happen—with tailored solutions and a partner every step of the way.
Contact us to find out how Alexandria, Virginia can support your business growth.