Charlottesville City Office of Economic Development (OED)
The Office of Economic Development (OED) is a division of the Office of the City Manager.
According to the Charlottesville Department of Economic Development, their mission is to serve as "the catalyst for public and private initiatives that create employment opportunities and a vibrant and sustainable economy." [1]
The office coordinates and administers the functions of the Charlottesville Economic Development Authority, which issues revenue bonds and assists with front end capital for projects.
Staff
- Chris Engel, Director of Economic Development [2]
Initiatives
Technology zone
In 2001, City Council adopted an ordinance which established a technology zone which allows qualified businesses to have reduced Business Professional and Occupational License (BPOL) taxes. Since then, over 900 firms have applied for and received the credit. While promoted by the economic development office, the program is administered by the Commissioner of Revenue's office. [3]
Made in Charlottesville
In 2017, the department launched a campaign to publicize city businesses called Made in Charlottesville. [4]
Growing Opportunities
The Growing Opportunities (GO) Program is intended to help people find a pathway to self-sufficiency in Charlottesville.
In November 2015, the Planning and Coordination Council was briefed by Charlottesville Economic Development director Chris Engel on the status of the program Report
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References
- ↑ Web. Charlottesville - Economic Development, Website, City of Charlottesville, retrieved May 16, 2024.
- ↑ Web. City’s incoming economic development chief fleshes out goals, Sean Tubbs, Charlottesville Tomorrow, January 15, 2012, retrieved February 17, 2024.
- ↑ Web. Ordinance amending and reauthorizing the Technology Zone, Chris Engel, City of Charlottesville, Page 17, retrieved November 21, 2011.
- ↑ Web. Program showcases Charlottesville’s makers, products, Josh Mandell, News Article, Charlottesville Tomorrow, July 8, 2017, retrieved July 11, 2017.