Our current businesses are vitally important and we thank you for doing business in Amherst County!

We are committed to ensuring Amherst County remains a place where your business can grow and your employees can prosper. Whether you need to expand your facility, recruit or retrain employees, or make business connections to further your growth, we’re here to help.

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You are very important to Amherst County and we truly appreciate that you have chosen to do business here. We work hard to understand the needs of companies and work proactively to address them. The Amherst County EDA would like to meet with you at your business location to get to know your business so we can most effectively assist you in strengthening your business or taking your business to the next level.

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The EDA wants to connect existing businesses with the right information, programs, and resources to provide the greatest opportunities for success. There are many programs – both local and state – that may open the door to funding, training, key contacts, or the possibility of exporting to foreign markets. We understand every business and project is unique and we are ready to find creative ways to meet the constantly changing demands of business.

Here are a few ways the EDA can help you strengthen and grow your business:

  • Primary point of contact for Amherst County business services
  • Be your advocate within county government
  • Assist with workforce needs
  • Identify common business issues, address concerns, and help remove obstacles
  • Build a better business community by acting on the information received from local businesses

The EDA is your first point-of-contact to access local and state programs. Please call or email our office to discuss what programs make the most sense for your business.

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Your business contributes to the vitality of our community – through taxes and jobs – and we thank you for doing business in Amherst County! Your business is very important to Amherst County and we recognize significant economic development growth in a community is generated by existing businesses. Retaining businesses and fostering existing business growth is an important priority in Amherst.

The EDA wants to connect existing businesses with the right information, programs, and resources to provide the greatest opportunities for success. There are many programs – both local and state – that may open the door to funding, training, key contacts, or the possibility of exporting to foreign markets. We understand every business and project is unique and we are ready to find creative ways to meet the constantly changing demands of business.

The EDA can work with you to:

  • Finding expansion locations within the county
  • Be your advocate within county government
  • Assist with workforce needs
  • Coordinate incentives and grants based on job creation and economic growth Learn More »
  • Facilitate your project’s review and permit process
  • Guide companies through necessary regulatory requirements and approvals

The EDA is your first point-of-contact to access local and state programs. Please call or email our office to discuss what programs make the most sense for your business.

Contact Us

We are here to help you grow!

You are very important to Amherst County and we truly appreciate that you have chosen to do business here. We work hard to understand the needs of companies and work proactively to address them. We understand every project is unique and we are ready to find creative ways to meet the constantly changing demands of business.

The Amherst County EDA is your first point-of-contact to access local and state incentive programs. Please call or email our office to discuss what programs make the most sense to encourage the growth and success of your business.

We want to assist in your continued success by offering the following incentive:

Qualifying Businesses
  • Incentives can be awarded to “basic”, for profit businesses deriving more than 50% of their revenue from sales outside the county; or for profit business can qualify if they derive over 50% of their revenue in direct support of “basic” businesses.
  • Qualifying businesses include any commercial enterprise (manufacturing, service, distribution, agriculture, etc.) that meets requirements of all applicable legal codes and the thresholds indicated below
  • To qualify, existing businesses must make an additional, taxable capital investment of at least $250,000.
  • Incentives will not be awarded to non-profit organizations or institutions except in situations as determined by the Amherst County Board of Supervisors.
Existing Businesses
  • Existing businesses in the county are defined as those having paid county taxes for one or more years. An existing business could possibly receive additional incentives if employment is increased substantially.
Amount & DurationSSMachine18
  • The amount of an incentive will generally equal the same amount the business pays in new taxes over a 5 year period as a result of new capital investment. The incentive award will be in the form of reimbursement of paid taxes on an annual basis.
  • Incentives can be spread over a period of 10 years if the business chooses.
  • Some additional incentives may be awarded in the form of a partial write-down in value for businesses purchasing property in Amelon Commerce Center.
Applying
  • A business must apply for incentives prior to formally contracting for the purchase of capital equipment or facilities.
  • Completed written applications must be submitted to the Economic Development Authority of Amherst County.
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State Incentives

Investing In Each OtherVirginia Economic Development Partnership - Business Location and Site Selection Services - Economic Development

Virginia works enthusiastically with new and expanding employers that create a high standard of living for Virginians and enhance local and state economies through increased revenue growth. Incentives are Virginia’s investment in its economic future and a business decision for both the Commonwealth and the company. As a result, they must make good fiscal sense for all parties. Virginia continues to demonstrate a willingness to invest in those who invest in the Commonwealth. (Source: yesvirginia.org)

Potential state grant programs:

  • Governor’s Opportunity Fund
  • Virginia Investment Partnership Act
  • The Virginia Economic Development Incentive Grant (VEDIG)
  • CleanEnergy Manufacturing Incentive Grant
  • Virginia Jobs Investment Program (VJIP)
  • Corporate Income Tax Credits Sales and Use Tax Exemptions Property Tax Exemptions
  • Economic Development Access Program
  • Rail Industrial Access Program Transportation Partnership Opportunity Fund
  • Virginia Small Business Financing Authority (VSBFA)
  • Enterprise Zones
  • Technology Zones
  • Foreign Trade Zones
  • Defense Production Zones

Learn More about State Incentives »

Our highly trained workforce of over 230,000 is drawn from a excellent mix of job experiences across seven counties and five cities. Companies in Amherst County agree the workforce has strong work ethic and low absenteeism rates. Very low union activity combined with Virginia’s Right-To-Work law creates an ideal environment for businesses.

Here is a quick view of Amherst County’s workforce.

Amherst County Extended Labor Market Total
Population (2016) 32,300 461,400 493,700
Labor Force (2016) 15,110 211,916 227,026
Unemployment Rate (July 2016) 4.3% 4.3%

Labor knows no boundaries. Workers in the region commute long distances for good jobs.

Extended Labor Market

Amherst Location - VEDP

Within Amherst County’s extended labor market is Region 2000, a 2,000 square mile area composed of the City of Lynchburg; the counties of Amherst, Appomattox, Bedford and Campbell; and the towns of Altavista, Amherst, Appomattox, Bedford, and Brookneal. For Region 2000 labor market information go to Region 2000 »

For additional detailed labor information on Amherst County, go to the Virginia Employment Commission community profile.
http://virginialmi.com/report_center/community_profiles/5104000009.pdf