The CIty of Franklin and Southampton County both aggressively recruit companies seeking to make a significant investment in both capital and jobs in the Southampton region. To this end, we work with the Commonwealth of Virginia to customize incentive packages that positively impact the bottom line of companies seeking to relocate or expand. FSEDI would welcome an opportunity to discuss potential incentive packages for your company’s next project.
The Franklin Southampton Region offers local incentives for potential new companies making an investment decision. The local incentives are project specific in nature that vary depending on the overall economic impact to the region. Consideration is given to the amount of capital investment made by the company, total job creation, average wage and benefit package per employee and potential tax revenue base to the local government entity.
The commonwealth of Virginia has a comprehensive suite of incentives to offer new or relocating businesses. View the many incentives available at the Virginia Economic Development Partnership web site.
