ENTREPRENEURIAL OPPORTUNITIES

DHCD offers community-based technical assistance programs to support Virginia’s entrepreneurs.

Start a Business

DHCD has several programs that can help develop a new business.

Expand a Business

DHCD has several programs that can help expand a current business.

Strengthen your Entrepreneurial Ecosystem

Strong entrepreneurial ecosystems drive strong economies. These resources can help communities strengthen the support network for local businesses.

BUSINESS INCENTIVES

State and federal incentives can help create, attract, retain, and expand businesses in your community.

Enterprise Zones

Virginia Enterprise Zone is a partnership between state and local government that encourages job creation and private investment.

Opportunity Zones

The Federal Tax Cuts and Jobs Act of 2017 included provisions for a new revitalization tool, the Opportunity Zone and Opportunity Fund. The zones and funds will allow investors to receive tax benefits on currently unrealized capital gains by investing those gains in qualified Opportunity Zones.

INFRASTRUCTURE

DHCD programs provide transformational investments, repurposing blighted structures, increasing access to telecommunications, improving foundational community services, and stimulating private investment.

Downtown Improvement

DHCD supports and promotes healthy, vibrant and sustaining downtowns and business districts across the commonwealth.

Broadband

DHCD’s broadband initiatives foster strong, competitive communities by preparing them to build, utilize and capitalize on telecommunications infrastructure.

Industrial Site Development

Several DHCD programs can assist with business and industry location or expansion.