CONTACT INFORMATION: 8 a.m. - 4:30 p.m.
703-324-2581 TTY 711
12000 Government Center Parkway, Fairfax, VA 22035
Scott Sizer
Public-Private Partnerships Policy Coordinator

Economic Development Support Fund

Department Resources

This fund is designed to invest one-time, seed money into projects that will provide economic benefits to Fairfax County.

Purpose

Unlike traditional economic incentives offered by some governments, the Economic Development Support Fund directs investments into three kinds of projects:

  • Capital development projects
  • Purchasing real estate
  • Programming support for economic development activities identified in the Economic Success Plan

These projects should provide a reasonable return on investment over a 10-year period. These returns include creating value, increasing economic growth, and generating taxable revenue.

How Projects Are Chosen

Projects may only be nominated by the County Executive or Board of Supervisors, and the Board approves the projects to be funded, as well as the amount of money allocated.

Evaluation Process for Investment in Economic Opportunities

The county uses a three-step process for to evaluate projects proposed for funding using the Economic Development Support Fund.

Learn more

Eight Principles of Investment in Economic Opportunities

The county adopted eight principles for investing in economic opportunities using the Economic Development Support Fund.

Learn more
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