Enterprise Zone 2026

Enterprise Zones are state-designated areas that provide a framework for coordinating activities to improve economic conditions in targeted areas. Virginia's Enterprise Zone program has been in place since 1982, and Staunton's current zone was re-designated in 2010 and runs through 2044. As an Enterprise Zone business, you now have access to both state and local incentive programs: State Programs (please note that the new boundary is retroactive for these grants and will apply to any grant applications for this grant cycle): Real Property Investment Grants Job Creation Grants Local Programs (New as of 2026): Large Business Investment Incentive – Graduated tax rebates for significant machinery, tools, or business personal property investments paired with job creation Façade & Renovation Grant – Up to $10,000 for commercial property improvements, including both exterior and interior renovations Small Business Technology & Training Grant – Up to $5,000 to support technology upgrades and employee skill development Job Creation Performance Grant – Financial incentives for creating new full-time positions with health benefits, including bonuses for training and retention Marketing Support Grant – Up to $2,500 to help new businesses or business expansions establish market presence