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We are very committed to keeping your growing business here in Albemarle County. Whether you are considering expanding in your present location, or relocating your business to another location in the area, please check out the available resources for helping you take your operation to this next level. We can help you with possible sites, state and local incentives, customized recruiting and training programs, and financing options. If your operations are expanding, please review the links below for additional resources and feel free to contact the County’s Economic Development Facilitator about expansion options, possibilities for expanding the existing location and whether your operation would qualify for grant resources. Phone 434-296-5841, or email
sstimart@albemarle.org.

Resources:

 INCENTIVE PROGRAMS

Virginia offers a variety of performance-based incentives to businesses relocating to the state, from tax credits to tax exemptions.  Below is a sampling of the incentives offered; a complete list can be found at the Virginia Economic Development Partnership website.

  • Governor’s Opportunity Fund
    A discretionary grant awarded to a locality on a local matching basis, with the hope that the grant will result in a favorable location or expansion in the state

  • Virginia Investment Partnership Grant (VIP)
    A discretionary performance incentive intended to encourage continued capital investment in Virginia companies.

  • Virginia Jobs Investment Program (VJIP)
    A program that offers customized recruiting and training assistance to companies creating new jobs within the state, or experiencing technological change

  • Virginia Small Business Financing Authority (VSBFA)
    Offers programs to provide small business with needed capital for growth and expansion
Albemarle County also offers a variety of incentives to qualifying businesses, examples are below:
  • Economic Development Authority (EDA) Financing
    The Albemarle County Economic Development Authority issues conduit tax-exempt private activity bonds, the proceeds of which are used to provide low-interest, fixed-asset financing. Borrowers must meet the eligibility requirements outlined in the Internal Revenue Code (IRC) in order to qualify. If you have any questions about eligibility, please contact County staff Susan Stimart or Ella Jordan at 434-296-5841.
     
  • Economic Opportunity Fund
    Albemarle County’s Economic Opportunity Fund is focused on helping businesses to create quality job opportunities for local residents by providing matching funding to federal or state economic development projects.

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 TAX INFORMATION

Virginia’s corporate income tax is 6%, and the combined state and local sales tax is 5%. The Tax Foundation’s 2011 State Business Tax Climate Index ranked Virginia the 12th more corporate tax-friendly state in the nation.

Albemarle County’s property tax rate is currently 0.839/$100 of assessed value.  

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 FINANCING PROGRAMS

State Level Finance Programs in Virginia

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 ZONING, PERMITTING & DEVELOPMENT REVIEW

In addition to grants and other resources, County staff can help you assess the zoning and land use questions associated with a given site.

I will want to build a new building for my business:

  1. Call and Set up a “Pre-Application Meeting” - Every Monday (except holidays) at 2 p.m., 3 p.m. and 4 p.m. Call 434-296-5832 to set up an available meeting.
    The first thing you need to do is contact the Department of Community Development and set up a pre-application meeting to discuss your proposal.  There is no charge  and Staff who come to these meetings will typically include one or more of the following staff; Planner, Engineer, Zoning Official, and Architectural Review Board (ARB) from the Department of Community Development, and the Virginia Department of Transportation (VDOT).  You may need to contact other agencies that would be identified in the pre-application meeting.

  2. Site Plan Review
    Your next step would be to have a site plan drawn up by a licensed engineer, architect or landscape architect and submit a Preliminary Site Development Plan application and Checklist to the Department of Community Development by a date identified in the Application Review Schedule.  The review of a new site plan will go through a 60 day preliminary review process.  If the preliminary site plan is approved you will then have 1 year to submit a Final Site Development Plan application and Checklist for review by County staff.  If the property falls within an Entrance Corridor Overlay District, separate submittal of an ARB application will likely be required.  ARB approval is required prior to final Site Development Plan approval.  If the final plan is approved then copies will be signed by all appropriate staff.  There are many other details that apply to the review of a site plan that cannot be fully explained here but are explained by staff during the review process.  The pre-application meeting mentioned above will provide additional details.

  3. Construction & Inspection
    If the site plan is approved then the next step is to apply for a building permit. You will need the following to obtain a building permit: 1) a building permit application, 2) Approved copies (2) of the site plan, and 3) building plans. During review, the site will be inspected to ensure compliance with the Building Regulations in the Albemarle County Code and the Virginia Uniform Statewide Building Code, and with Zoning Ordinance regulations.  The County Zoning staff provides a Zoning Inspections Packet that explains the preliminary and final zoning inspections process for all site plans. If you plan to install any signs for your business that require a permit and are subject to zoning regulations, please visit the signs center at www.albemarle.org/signs.

Prior to opening your business you will need to obtain a Zoning Clearance for your specific business activity.  If there will be other businesses proposed to occupy the new building then those businesses will also need to obtain a Zoning Clearance.

I would like to relocate my business:

If your business planning is taking the operations to a new location within the County, refer to the information above about the process for getting your business approved by the Albemarle County Department of Community Development. You will need to follow the same steps outlined above for expanding your business – including verifying zoning requirements, a pre-application meeting, and determining if any site plan requirements or permits are needed.

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 QUICK LINKS
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