Business Partners

The Virginia Economic Development Partnership

The Virginia Economic Development Partnership (VEDP) leads the Commonwealth of Virginia's business recruiting program and continues to excel as the Commonwealth's economic development team. Founded in 1995, the Partnership offers a unique combination of public and private enterprise and has built a strong reputation in both sectors. Offering years of experience, VEDPs staff, in addition to County staff, understand the complicated demands of your business location decision and will work diligently to provide the foundation needed to facilitate the process and help your company prosper.

Caroline County and the Commonwealth work enthusiastically with new and expanding Virginia employers that create a higher standard of living for Virginians, enhance the local and state economies, and increase revenues to our county. Incentives are Virginia's investment in its economic future and a business decision for both the Commonwealth, the County and the company. As a result, they must make good fiscal sense for all parties.

Designed to target the needs of the company and the development plans of localities and the state, Virginia also offers a variety of performance-based incentives. From tax credits to tax exemptions, Virginia continues to demonstrate its willingness to invest in those who invest and reinvest in the Commonwealth.

The Fredericksburg Regional Alliance

The Fredericksburg Regional Alliance (FRA) is a public/private economic development marketing partnership created to provide CEOs, presidents, corporate real estate executives, and site selection consultants with a single source for comprehensive demographic, economic, and commercial real estate information on the Fredericksburg, Virginia Region which includes Caroline County. FRA also provides a wide range of services designed to facilitate the creation of jobs and capital investment while diversifying the economy and increasing the tax base. The County of Caroline and FRA work collaboratively to support the growing Economic Development initiatives in the County.

View more information on the FRA and Caroline County online.

Rappahannock Economic Development Corporation

The Rappahannock Economic Development Corporation (REDCO) is a private, non-profit, non-stock membership organization whose mission is to promote economic development and growth of the small business community within the Commonwealth of Virginia, as well as to promote and increase private sector investment in long-term fixed assets.

REDCO and the Small Business Association (SBA) 504 Loan Program provide affordable long-term fixed rate financing to help healthy, small businesses expand. The loans are for acquiring long-term fixed assets, such as land, buildings, machinery and equipment. REDCO professionals work directly with you as they prepare the entire SBA application on your behalf. REDCO fits all of the pieces together to ensure your loan package meets the 504 program guidelines and the credit criteria of the SBA.

REDCO is able to work with all lending institutions, including non bank lenders and private investors, subject to certain eligibility requirements of the SBA.

Learn more about the REDCO online or call 504-373-2897.