2012 Economic Development Overview

May 20, 2020  -  Uncategorized
The Dulles Regional Chamber of Commerce (DRCC) believes Virginia should invest additional financial and personnel resources to fund a more aggressive and comprehensive national and international marketing program that leverages the Commonwealth’s strongest economic assets, including industry sectors where Virginia possesses a clear competitive advantage. DRCC encourages the General Assembly to invest fully in the various business incentive programs to encourage business investment in Virginia. DRCC supports continued funding of the Virginia Economic Development Partnership (VEDP) incentive programs, as well as significant increases to the Governor’s Opportunity Fund, and an emphasis on policies that broaden the eligibility requirements, enabling firms in Northern Virginia that increase local tax revenues to qualify for critical economic development incentives. DRCC encourages the VEDP to develop state incentive programs that focus on company retention and recruitment, and give greater priority within these incentive programs to encourage the creation of higher paying jobs, like those in Northern Virginia.
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