The City of Manassas uses incentives to assist existing and prospective businesses offset the costs of expanding or relocating.

Technology Zone

Manassas is home to Micron, BAE, and Lockheed Martin – we know how important technological innovators are to the economy. To encourage technology-based businesses we’ve designated the entire City a Technology Zone. This program gives Manassas the opportunity to support the businesses and industries of tomorrow. Qualifying companies may receive cash grants and fee waivers and/or be exempted from business, professional, and occupational license (BPOL) taxes.

Tourism Zones

Tourism is vital to our local economy – few communities have such an historic role in US history. To support and grow this industry, Manassas established two tourism zones; in Downtown and at Gateway. Businesses that support travel, hospitality and tourism are eligible for cash grants, fee waivers, and permitting assistance.

In addition, hotels and attractions may be eligible to take advantage of Virginia’s Tourism Development Finance Program (TDFP) – this provides gap financing in partnership with the locality and can be up to 30% of the initial equity needed to support these developments.

HUB Zone

A portion of the City has been designated a HUB Zone by the Federal Government. This designation helps small businesses gain preferred access to federal procurement opportunities; including competitive and sole source contracting as well as 10% price valuation preference. In a region where so many companies work with the government, locating in our HUB Zone can provide you a tactical advantage.

For more information about the SBA’s HUBZone Program, including how to apply for certification, please visit the SBA’s HUBZone program website.

Downtown Arts & Tourism District

In this Virginia Main Street Community the unique character and vitality of Downtown makes Manassas a great place to live and work. Charming restaurants and shops support other businesses in the district and citywide. This designation authorizes special incentives targeted to businesses (and non-profits) that support tourism and artists. This may include exemption of BPOL, cash grants, permitting assistance and fee waivers.

Opportunity Zone

Opportunity Zones, created as a result of the Federal Tax Cuts and Jobs Act of 2017, are designed to encourage long-tern investments in designated portions of a community. Tax incentives are provided to investors who re-invest their unrealized capital gains into a designated zone.

Through the federal Opportunity Zone program, communities, investors, companies, and others may create Opportunity Funds to direct tax-advantaged investments to the City’s Opportunity Zone.

  • Investors may reinvest capital gains from existing investments into an Opportunity Zone Fund and defer/reduce capital gains taxes.
  • If held, the original investment’s tax basis increases by 10% after five years and by 15% after seven years.
  • After 10 years, investors permanently eliminate capital gains from the appreciation of their opportunity zone investment.

For more information about the federal Opportunity Zone Program and eligibility, please visit the resources below:

Community Development Institutions Fund

Virginia Department of Housing and Community Development

Economic Innovation Group

Benten Technologies chose the City of Manassas as its corporate HQ because of the affordability, location, and ability to engage on a personal level with elected officials and staff.  The City actively recruited our small business and remains engaged with our company and we have had a wonderful experience!
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During our site selection and buildout phases, the City of Manassas provided us with exceptionally responsive and positive support. We dealt with a handful of people as opposed to dozens who we would have worked with from a county or large municipality. The support didn't stop there. Recently, Manassas and the Commonwealth of Virginia provided us with Governor's Agriculture and Forestry Industries Development (AFID) Fund grant for $50,000 to help us with our plant expansion. Those funds will help us triple our manufacturing capability, add jobs, and grow our startup venture. We will tell anyone who asks -- Manassas is a great place to do business!
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The City of Manassas has been home to the Micron Technology Virginia Fab for the past 15 years and, through good times and bad, the city has been an excellent partner. We’ve had great support as we’ve expanded the business over the years and on community outreach programs. We look forward to continuing the relationship for years to come.
Carson Henry  F6 Fab Director, Micron Technologies
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The Prince William Chamber of Commerce represents over 1,200 businesses in the City of Manassas, Manassas Park and Prince William County. We are proud to call the City of Manassas a partner in success. They have very clearly made it a priority to cultivate a pro-business climate, and that energy has radiated out of City Hall, down Center Street and out to the City’s borders. The proof is in the numerous ribbon cuttings held for new and expanding businesses in Manassas over the last two years. Speaking for the local business community, we would say that the City of Manassas is a great place to do business.
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We at Shining Sol Candle Company didn't have to think twice when the opportunity presented itself to launch our first retail location in the City of Manassas. There's a sense of community in the City that a lot of the hustle-bustle areas of Northern Virginia lack. The City of Manassas could not have been more accommodating and we have nothing but kudos for everything they have done for us, and continue to do, and we look forward to what the future holds for us both.
Deron Blevins  Shining Sol Candle Company
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