Business Support
The City of Elkins strives to encourage small and large business development. Elkins is located within a days’ drive of two thirds of our nation’s population. Elkins businesses have the advantage of close proximity to major economic hubs while enjoying the benefits of being located in a scenic and safe environment. We are only one hour away from the Snowshoe Resort community of Marlinton and only 45 minutes away from the Canaan Valley tourist destinations. We enjoy the benefits of being a college town (Davis & Elkins College) with a vibrant arts scene. Come for a visit then stay to follow your dreams.
City Resources
Resources
Business Licensing and Taxes
All businesses locating or operating in Elkins must obtain a city business license. Please visit the following link to learn more.
State and County Resources
U.S. Small Business Administration
West Virginia District Office
320 West Pike Street, Suite 330
Clarksburg, WV 26301
304.623.5631
Small Business Development Center
1900 Kanawha Blvd., E
Charleston, WV 25305
888.982.7232
Randolph County Development Authority
The RCDA is an organization devoted to advancing sustainable growth and prosperity in Randolph County through economic development initiatives. The RCDA’s strategic focus is centered on three themes: Business Development, Community Development, and Training & Education.
304.637.0803
Randolph County Chamber of Commerce
The Chamber provides helpful information to its members and to businesses that are considering establishing themselves and relocating their families to the area. The Chamber staff and Board of Directors are working daily to advocate for the interests of business, and to provide communication and networking possibilities for Chamber members.
Elkins Main Street (formerly Elkins ON TRAC)
This organization is devoted to the revitalization of the Elkins Downtown Historic District.
Historic Rehabilitation Tax Credits
The Rehabilitation Investment Tax Credit Program provides for a federal income tax credit and a West Virginia state income tax credit for the rehabilitation of historic, income producing properties. Under the provisions of the Tax Reform Act of 1986, a 20% federal tax credit is available for the substantial rehabilitation of commercial, agricultural, industrial or rental residential buildings that are certified as historic. The credit is applied directly against taxes owed by the owner. There is a similar 10% state income tax credit available to owners. The total credit on a qualified project is 30% of approved rehabilitation costs.
Woodlands Community Lenders
Woodlands Community Lenders is a certified Community Development Financial Institution (CDFI) that provides loans, business development services, and finance packaging for small businesses and real estate projects that are otherwise “unbankable.” WCL takes an alternative approach to assessing and mitigating risk, supporting small business development in ways that traditional lenders often cannot.
