In addition to an exceptional quality of life, access to sixty percent of the Nation’s population, and convenience without associated costs, crowds and congestion, Culpeper County Economic Development offers the following incentives to businesses:
Partnership for Economic Development and Job Training
Eligible businesses:
- Can receive reimbursement of 100% of Machinery and Tools (M&T) taxes for three years for investments over $500,000
- With fewer than 26 employees can receive this incentive for investments over $250,000
- That invest over $3,000,000 can receive an additional 50% of M&T taxes for years 4 and 5
- Can receive up to 50% of the new real and personal property taxes for approved employee training for a period of five years
- Can receive up to 25% of the new real and personal property taxes for approved employee training for an additional five years (years 6-10)