Operating Costs

Hampshire County is committed to providing its business and industry partners with a supportive and inexpensive business environment.  Centered at the crossroads of the Eastern corridor, offering a qualified and ready workforce, low labor costs, inexpensive operating costs, flexible land use and proximity to major markets; make Hampshire a competitive choice for every kind of business.

Attractive financial incentives are readily available and offered both regionally and statewide. The state of West Virginia offers a variety of financial incentive programs to promote our state and attract new business and industry including:

  • Direct and Indirect loan programs
  • Industrial revenue bonds
  • Leveraged technology loan insurance programs
  • Tax increment financing
  • Workforce assistance training and development programs

For a complete list of state incentives access the West Virginia Department of Commerce website.

In addition West Virginia Small Business Development Center (WVSBDC) is a division of the WV Development Office and is primarily funded by the State of West Virginia and the United States Small Business Administration. The WVSBDC provides services that help increase a small business access to capital through assistance in financing in bank loans, SBA guaranteed loans, micro loans, angel capital investments, SBIR grants and investment through sources made available by the West Virginia Economic Development Authority. Services include:

  • Assistance with feasibility surveying
  • Market identification and planning
  • Business plan development
  • Financial statement preparation and analysis
  • Cash flow preparation and analysis
  • Identifying sources of funding

For a complete list of services access the West Virginia Small Business Development Center website.