Where your business ambitions are matched by the city's commitment to your success ‐ real incentives, real support, real savings, and real opportunity.

Unlock your business’s potential in Covington, Virginia-where opportunity meets support. Covington is the ideal destination for entrepreneurs and established businesses ready to thrive:

• Powerful Incentives for Growth: Covington is part of Virginia’s Enterprise Zone, offering substantial benefits like reductions in utility consumer taxes, business license taxes, real estate taxes, and machinery & tools taxes for qualifying new businesses. Enjoy up to three years of tax savings as you launch and expand your operations. (Read more about incentives for growth.)

• Startup-Friendly Savings: New businesses can receive reimbursements on rezoning and building permit fees, plus a waiver of water and sewer connection fees-exclusive to Covington. These savings help you reinvest in your company from day one. (Read more about startup savings.)

• State and Local Grant Programs: Access Virginia’s Job Creation Grants-up to $800 per year for each qualifying new full-time position created, available for five consecutive years. Real Property Investment Grants reward you for rehabilitating or expanding commercial and industrial spaces.  (Read more about grants and incentives.)

• Resilient Community Support: Covington and the Alleghany Highlands region offer small business recovery grants, rent and mortgage relief, and funding for technology upgrades and workforce training-ensuring your business can adapt and succeed in any climate. (Read more about recovery grants.)

• Strategic Location & Pro-Business Climate: Covington boasts a skilled workforce, excellent infrastructure, and a business-friendly regulatory environment. Virginia’s tradition of sound fiscal management and moderate, stable taxes makes it one of the most attractive states for business investment.

• Personalized Guidance: Whether you’re a startup or expanding enterprise, Covington’s economic development team is ready to help you navigate incentives, find the perfect location, and connect with local resources for long-term success. (Read more about personalized guidance.)