Pro-Business Climate

Montgomery County’s pro-business climate will positively impact your bottom line.
  • For the third straight year, Virginia is ranked the "Best State for Business" by Forbes.com.
  • Blacksburg Metro Area consistently named to Forbes.com's list of the "Best Small Places for Business and Careers".
  • Blacksburg Metro Area ranked a "Top Preforming Small City of 2009" by Milken Institute. 
  • Blacksburg Metro Area designated a "5-Star Business Opportunity Metro” (Expansion Management Magazine, July 2006).
  • Blacksburg Metro Area named a “Best Emerging MSA” (Edition of Cities Ranked and Rated, 2004).
  • Virginia’s right-to-work laws allow individuals the right to work regardless of membership in a labor union or organization.
  • Stable and competitive state and local tax structures. Virginia’s 6 percent corporate income tax rate has not been increased since 1972.
  • Low cost of doing business.  Montgomery County offers below national averages in many categories such as electric rates and wages.
  • 13 banks operate in Montogmery County with assets totalling $2,355,553.9 million
  • Innovative and entrepreneurial environment fueled by Virginia Tech Intellectual Property and the Virginia Tech Corporate Research Center.  
  • State and local programs that encourage business to grow and investment.
  • The RU Small Business Assistance Center and VT KnowledgeWorks help local entreprenuers plan, launch and grow their businesses.
  • Montgomery County' Existing Business Visitation and Retention Program provocatively engages local business to address their needs. 
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