State Incentives and Taxes

In West Virginia, incentives for new and expanding industry come through the State, instead of through the localities.

The State offers a Super Tax Credit or a Small Business Credit for companies making a capital investment and creating jobs in the state. Small businesses creating a minimum of 10 jobs can receive a credit of 30% of their qualified investment. Larger companies creating 50 to 1,000 jobs can receive tax credits from 50% to 90% of their qualified investments. West Virginia also has additional tax incentive programs, including the Freeport Tax Exemption. This allows warehoused goods in transit to an out of state destination to be exempt from local and Ad Valorem Property Tax.

Financing

The Berkeley County Development Authority can help link you with many outstanding financing programs in the state, and federal agencies available exclusively to West Virginia businesses. The West Virginia Economic Development Authority administers a program that provides for debt and equity venture capital investment to small business. Contactl the Berkeley County Development Authority to discuss local tax incentive packages and financing packages through local banks.

Learn more about West Virginia's Business Incentives.

Learn more about West Virginia's Financial Incentives.

Recruitment and Training

Administered through the Workforce West Virginia program, Berkeley County offers many programs to help recruit and train workers, or help you reduce costs by on-the-job training.  In an intensely competitive economy, your business's future is riding on the productivity and skills of your workforce.  Finding workers you can count on is becoming a major problem in many parts of our nation, but not here.  One popular program is the Governor's Guaranteed Work Force, which provides training grants for eligible companies.

Learn more about West Virginia's Recruitment and Training Programs.