Collaboration and innovation are an integral part of a business’ success. In addition to the James City County Economic Development staff, these resources offer a wealth of business support to help your company move forward. Click through the tabs to view different resources.
James City County offers the following programs:
Local incentives: James City County is pleased to offer customized local incentive packages based on performance agreements. Businesses that want to invest in James City County are encouraged to discuss opportunities with the Office of Economic Development.
Tourism Zone (TZ): The James City County Tourism Zone, which includes the entire County, provides incentives to both new and existing qualified tourism businesses. Local and/or state incentives are based upon capital investment and real property improvement. Read More
Industrial Revenue Bonds (IRB): Low interest, tax exempt industrial revenue bonds are available for eligible industrial projects through James City County’s Economic Development Authority. These bonds are designed to assist new and expanding industry through convenient, long-term, flexible financing. Contact the Office of Economic Development for more information.
SCORE: Counselors to America’s Small Business – This not-for-profit association has been dedicated to helping small businesses get off the ground, grow and achieve their goals through education and mentorship for nearly fifty years. Supported by the U.S. Small Business Administration (SBA), this network of 13,000+ volunteers is able to deliver services at no charge or very low cost. www.score.org
Small Business Development Center (SBDC) – SBDC professionals assist with business planning, marketing, financial analysis, access to capital, business start-up and other specialized services as requested. The Virginia SBDC helps grow existing companies and start up new companies through one-on-one counseling and group training on a variety of topics. www.hrsbdc.org
The Peninsula Council for Workforce Development (PCFWD) – The Council’s Number One mission is to identify the workforce development needs of jobseekers, youth, and employers in seven localities, including James City County. Once the needs are identified they work to implement solutions that specifically address those needs through partnerships with training and education providers. www.pcfwd.org
Thomas Nelson Community College Workforce Development (TNCC-WD): delivers quality, market-responsive training specifically designed to meet the changing technical requirements for today’s jobs. Whether it’s enhancing employee productivity at a small or large business, knowledge to stay current in the field, or a career change, TNCC Workforce Development’s accelerated workforce training, in-demand skills certification programs, customized solutions and online classes offer convenient options to meet the needs of businesses and their employees. tncc.edu
William & Mary Mason School of Business: Companies and organizations may be involved with Mason in various points of engagement, such as field consultancies, tailored programs, career acceleration modules, advisory boards and executives in residence. The goal is to ensure the engagement meets the needs of the individual company or organization. For local businesses, the Mason School of Business is an excellent local resource. mason.wm.edu/companies/index.php
Virginia Employment Commission (VEC): Recruiting and training new employees can be a big drain on the bottom line of businesses. VEC’s focus is to help people find jobs and businesses find the right employees. The Virginia Employment Commission Business and Economic Development Team is available to educate employers about the many powerful recruiting resources available, including the Virginia Workforce Connection. The goal of the Connection is to help employers find the qualified employees they need without spending a lot of time or money. The team also provides labor market information for decision makers.
Additionally, the VEC Business and Economic Development Team is a resource for information about Trade Act on the job training, tax incentives and other VEC services. www.vec.virginia.gov/employers
Virginia Department of Small Business and Supplier Diversity www.dmbe.virginia.gov
SBSD administers three certification programs:
- SWaM: The Small, Women-owned, and Minority-owned Business (SWaM) certification program is a state program of the Commonwealth of Virginia. The purpose is to enhance procurement opportunities for SWaM businesses participating in state-funded projects.
- DBE: The Disadvantaged Business Enterprise certification program is a Federal program. The purpose is to increase the participation of certified DBEs in projects funded by the US Department of Transportation and other federal sectors.
- ESO: “Employment services organization” means an organization that provides community-based employment services to individuals with disabilities that is an approved Commission on Accreditation of Rehabilitation Facilities (CARF) accredited vendor of the Department for Aging and Rehabilitative Services.
Virginia Economic Development Partnership (VEDP)
In 1995, the Virginia General Assembly created the Virginia Economic Development Partnership (VEDP) to better serve those seeking a prime business location and increased trade opportunities and, therefore, to foster increased expansion of the Commonwealth’s economy.www.yesvirginia.org
VEDP administers a variety of programs including:
- Virginia Jobs Investment Program: The Virginia Economic Development Partnership’s Virginia Jobs Investment Program (VJIP) provides services and funding to companies creating new jobs or experiencing technological change. As a business development incentive supporting economic development since 1965, VJIP reduces the human resource development costs of new and expanding companies. With strong support from the Governor and General Assembly, VJIP is completely state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for its citizens.
VEDP has an extensive list of helpful Virginia offices on their website: yesvirginia.org/ToolsResources/HelpfulLinks
Virginia Small Business Financing Authority: is the Commonwealth of Virginia’s economic development and small business financing arm. They help Virginia’s existing businesses and those businesses that are seeking to come to Virginia through our extensive portfolio of financing programs. www.vabankers.org/VSBFA
Internal Revenue Service (IRS): The IRS offers a Small Business and Self-Employed Tax Center that may be helpful for the financial parts of running a business. Small Business and Self-Employed Tax Center
U.S. Small Business Administration: The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. SBA offers a variety of resources online: sba.gov/category/navigation-structure/starting-managing-business/starting-business