Taxes & Incentives

We understand that decisions to make large capital investments and create jobs can be complex and risky. Getting all the details to fall into place can be challenging, which is why AEDP offers a variety of programs to help companies locate and expand in our prime location so they can access top talent and grow in a supportive business environment. In addition to our highly competitive tax structure, we leverage state and local programs to provide financial assistance to new and growing businesses.

Local Programs

Decisions to provide financial and other support to businesses are considered on a case-by-case basis and are analyzed using a variety of factors specific to the company and project outcomes. The type and level of support is tailored to ensure maximum benefit for the company and Alexandria. All projects require the execution of a Performance Agreement with specific performance milestones that are monitored by AEDP.

Alexandria Investment Fund (AIF)

Local Tax & Fee abatements & REductions

Tax Exempt Bond Financing

Infrastructure INVESTMENTS

State Programs

Virginia offers a variety of programs to support new and expanding businesses. From performance-based grants to tax credits, these programs are designed to target the needs of the company by investing in those who invest in Virginia. AEDP often leverages state programs including but not limited to the following.

Commonwealth’s Development Opportunity Fund (COF)

Agriculture & Forestry Industries Development Fund (AFID)

Virginia Economic Development Incentive Grant (VEDIG)

Major Eligible Employer Grant Program (MME)

Virginia Jobs Investment Program (VJIP)

Virginia Talent Accelerator Program

Major Business Facility Job Tax Credit

Major R&D Expenses Tax Credit

For more information about the above programs and more, please visit the Virginia Economic Development Partnership.