West Virginia is now striving to capitalize on re- mote work trends by offering one of the most generous incentive programs. The Ascend WV program offers remote workers a generous incentive package that includes $12,000 and a year’s worth of free outdoor recreation activities through more than a dozen outfitters from across the state. It also offers free co-working space, invites to networking events with business leaders, guided outdoor excursions and access to WVU’s entrepreneurship ecosystem
West Virginia Economic Development Authority Direct Loan Program: Offers financial assistance in the form of loans, direct financing and operating leases to industrial development agencies and enterprises.
Special Property Valuation: Reduces property taxes by up to 95% for certain sectors, including chemicals, polymer metals, data centers and aviation.
Manufacturing Investment Credit: Offers a tax credit of up to 60% of the corporate net income tax base on qualified investments in an eligible manufacturing facility.
Governor’s Guaranteed Work Force Program: Offers up to $2,000 per employee to eligible new and ex- panding companies that create at least 10 net new jobs within a 12-month period
westvirginia.gov
charlestonareaalliance.org
hadco.org
West Virginia BusinessLink offers one place for small business owners and entrepreneurs to find resources to support their business. Services include business planning, loans, co-working, accelerators, marketing and sales assistance, startup assistance and product development.
Based on CEO Survey by ChiefExecutive.net
| Key Metrics |
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Taxation and Regulations
Workforce Quality
Quality of Life
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| Other Highlights |
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Sources:
TaxFoundation.org
Statemaster.com
Bureau of Labor Statistics
U.S. Census Bureau
U.S. Patent and Trademark Office
The National Center for Public Policy and Higher Education
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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