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Zone Incentives Mecklenburg County Available in areas of the County outside of Enterprise Zones and in a Technology Zone. Only one of the following inducements may be utilized by an industry. Location Inducement Receive an annual cash award for up to 4 years based on Machinery & Tools Tax paid by the company. No investment minimum. Limitations on Application • No minimum on job creation • No minimum on investment amount • Available for 4 years maximum • Applicable to manufacturing industry only • Based on Machinery & Tools Tax paid by company -OR- Employment Inducement One time payment to new manufacturer locating in the County of $400 per new job created. Limitations on Application • No minimum on job creation • No minimum on investment amount • $400 per job • One time payment • Total amount not to exceed $20,000 • Applicable to manufacturing industry only Commonwealth of Virginia Commonwealth
of Virginia
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