On Thursday, January 10, the Virginia Department of Housing and Community Development (DHCD) will conduct a free, in-depth workshop on “How to Qualify” for the state VEZ incentives from 1 p.m. to 4 p.m. in the James Room of Fountain Plaza II, 700 Town Center Drive, Newport News.
The workshop will provide detailed instructions on the qualification process for Real Property Investment Grants and Job Creation Grants.
Attendance is free, but people must register on the event website. For questions, contact Mallory Butler, Local Zone Administrator and Senior Economic Analyst, Department of Development, City of Newport News, at mbutler@nnva.gov or (757) 597-2840 ext. 6.
The Virginia Enterprise Zone (VEZ) Program is a state and local partnership and a critical tool in supporting business expansion in Newport News.
The City of Newport News is home to two Enterprise Zones and continues to be a top program user in the state, leveraging a significant share of grant dollars set aside to support the growth of qualifying businesses.
All of the City’s industrial and business parks are within the Enterprise Zones, as are a significant number of Newport News businesses. For maps of the zones, visit www.nnva.gov/DocumentCenter/Home/View/9151.
For more information on state and local VEZ incentives, visit www.nnva.gov/600/Enterprise-Zones or www.dhcd.virginia.gov/.
sources: City of Newport News, Virginia Department of Housing and Community Development