The Department of Economic Development is charged with growing businesses, attracting travelers and leveraging new investment in Fauquier County. Programs are designed to provide support to firms who are doing business or hoping to do business in the County, to expand the commercial tax base and to create/upgrade jobs for Fauquier County residents.
The new Micro-Loan Program is intended to help small, growing firms obtain small amounts of financing (up to $10,000) that will contribute to their ability to thrive. Micro-Loans offer competitive interest rates, are typically 2 - 3 year terms, and can be used for working capital, inventory or supplies, furniture or fixtures, and/or machinery or equipment.
Workforce Development Program
The Southeastern Alternative School (SAS) has added a new course to the Construction Trades options available through Fauquier County Schools. The new program offers students at the school an overview of the construction trades and features as much time on various sites as it does in the classroom. This kind of hands-on teaching is consistent with the school philosophy and will expand the horizons for SAS students.
The instructors for this program feature men and women who work in the construction trades and includes discussion of career options in this industry. The program is complementary to the new Lord Fairfax programs in HVAC and Electrical, which launched in January 2016.
This course is a product of a unique partnership between Fauquier Schools, the Fauquier County Department of Economic Development, and the Virginia Tech School of Construction. The County helped initiate the program as a way of further developing our community workforce and insuring that industry needs will be met. It is expected that this program will be followed by additional courses that could explore an expanding array of topics and a larger and larger number of Fauquier students.
In addition to an exceptional quality of life, a location on the cusp of the D.C. Metropolitan area, and access to a global community, Fauquier County also offers the following incentives to new and existing businesses. Find more detailed information on these incentives, on our website:
- Special Incentive Zones
- Processing Fee Waivers
- Tax Rebates
- Accelerated Business Review Process
- Lowest Tax Rates in Northern Virginia
- Technology & Tourism Grants
- Fauquier County Economic Development Authority (EDA)
- Virginia Inland Port (just 26 miles west of Fauquier)
- Virginia Jobs Investment Program (VJIP)
- Virginia Small Business Financing Authority (VSBFA)
- Governor’s Opportunity Fund
- Tax Exemptions and Credits
- State Incentive Grants
Mason Enterprise Center-Warrenton
Fauquier's first incubator/accelerator, the Mason Enterprise Center, opened in 2013 on Main Street in Warrenton. That center offers co-working space as well as private office space, and has done so well that it recently added additional private offices.
Fauquier Enterprise Center-Marshall
The new Marshall incubator, which opened its doors in October 2015, features seven offices available for rent by qualifying businesses, a large conference and event room and state-of-the-art technology and equipment. This incubator is located just off Main Street and Route 66 in Marshall.
Fauquier Enterprise Center-Vint Hill
In November 2015, Fauquier County's third incubator/accelerator opened in Vint Hill next to Lord Fairfax Community College's Vint Hill satellite campus. This incubator offers eight offices, a large conference and event room, a kitchen, and state-of-the-art technology & equipment.
"The Fauquier Enterprise Centers have the capability of helping several small and start-up business owners who may otherwise work from home with inadequate Internet services and in locations that are difficult for their clients to get to," explained Jennifer Goldman, owner of Resonance, LLC, the company Fauquier County contracted to open and manage both Fauquier Enterprise Centers.