Technology Zone

Technology Zones are designated areas of the City that are uniquely situated for Information Technology businesses. Companies meeting the requirements of the zone are eligible for a number of incentives to encourage new development and expansion.

Location

There are four sections of the City that have been designated Technology Zones. These areas have been identified because of their availability to fiber, electricity, water, and real estate needed for technology-based businesses. See maps and descriptions in the download section.

Area One – Central Business District
Area Two – Lew Dewitt Blvd around the Zeus Theatre
Area Three – Buildings and Greenfields around the Town Center, I64 Exit 94
Area Four – Greenfield along Delphine Ave in the Nature’s Crossing Technology Center

Technology Business

For the purpose of the Waynesboro Technology Zone, technology business are defined as a new or existing company or identifiable subdivision of a company that has fifty percent (50%) or more of its gross receipts derived from research, development, manufacturing, or rendering of advanced technological products or services and that expands or locates in a technology zone. Typically, the business would be classified under one of the following NAICS codes:

5112 Software Publishers
5182 Data Processing, Hosting, and Related Services
5191 Other Information Services
5413 Architectural, Engineering, and Related Services
5415 Computer Systems Design and Related Services
5416 Management, Scientific, and Technical Consulting Services
5417 Scientific Research and Development Services
New or emerging technology categories may be considered

Server Area

Downloads

Companies locating in the designated area, that meet the definition of a Technology Business and meeting the minimum requirements of: three new to Waynesboro employees with an average weekly wage equal to or greater than the current Waynesboro average weekly wage as published by the Bureau of Labor Statistics, and an initial three-year investment of at least $75,000. The investment may be established by the value of personal property, lease hold improvements or real estate owned, or the value of a lease of real property will be eligible to receive business incentives. Type, level, and duration of incentives are based on employee wage (average weekly wage compared to Waynesboro average weekly wage), number of full-time employed employees, and total capital investment.

All local incentives are reimbursements of taxes or fees paid to the City. Incentives are multiyear with decreasing benefit over time and are a percentage of the total paid tax or fee and can include Building Permits, Zoning Review, Site Development, Utility Hookup, Business License, Business Personal Property, Machinery and Tools Tax, and Real Estate.
Local incentives can be combined with other state incentives and or enterprise zone capital improvement and job creation. See map of all incentive zones.

A custom incentive proposal will be provided upon completion of the Technology Zone application.