Virginia Record
Richmond
Medium PriorityBusiness Jobsopen

Enterprise Zone modernization

Summary

Richmond wants to redraw its two state enterprise zones and refresh local incentives — dropping little-used rebates, adding a business investment grant for lab/office upfits, and boosting the per-job grant from $400 to $1,000.

At a glance

Total mentions
1
Last 30 days
0

Last discussed May 20, 2026.

Impact analysis

💰Financial impact

The city awarded more than $500,000 in local zone incentives over two years, leveraging about $40 million in private investment.

✅Who benefits

Small businesses and expanding companies within the redrawn zones.

⚠️Who could be affected

Parcels removed from the zones lose incentive eligibility.

Mentions & discussions (1)

We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.

The weekly brief for Richmond

What the council decided, in plain English — one email a week.

Also follow nearby cities

Free. Unsubscribe with one click any time. We never sell your email.