Economic Data
GRCC supports continued focus on maintaining and improving the region’s quality of life and overall economic climate through strategic economic development efforts. To meet this goal, GRCC recommends:
- Full funding for the Fairfax County Economic Development Authority (FCEDA) and its efforts to serve the existing business community, attract new businesses and generate new jobs in the Dulles Business Corridor;
- Promotion of arts, tourism and cultural opportunities, including support for the Chamber’s Business and Visitor’s Center;
- Funding support for the Chamber’s Incubator Program as a source of job creation and tax revenue from home-grown businesses; and
- Increased use of public-private economic development partnerships to facilitate and encourage economic revitalization or redevelopment in older commercial and residential areas of Fairfax County, such as joint development opportunities on public lands;
- Consideration by the Commonwealth of the full economic impact of a business and/or industry’s presence in Virginia prior to awarding or removing any business tax exemption.
To download the Fairfax County Economic Development Authority 2007 Annual Report, click here (4.3 M).