Chesapeake Economic Development- Incentives

Local Incentives

South Norfolk Hub Zone


The program encourages economic development in historically underutilized business zones, called “HUBZones.”

South Norfolk Tech Zone


The technology zone acts as an overlay district offering incentives to a new or existing business located within the designated area.

Foreign Trade Zone


Chesapeake, VA is now one of the largest foreign trade zones in the U.S. at 10,000 acres.

State Incentives

Virginia offers various performance-based incentives for new and expanding companies. The state eagerly works with businesses with incentives designed to target the needs of both the company and the development plans of localities and the state.

Investment Incentives


Virginia offers investment-based incentives for new and expanding companies in Chesapeake.

Workforce Incentives


Virginia offers workforce-based incentives for new and expanding companies in Chesapeake.