The positive business climate of Somerset County stems from its genuine appreciation of the vital role played by industry in the economy.
Taxes are reasonable and stable and the zoning and permitting process is uncomplicated.
Inc. Local government officials are readily accessible to hear and address the needs of industry as reflected in the ability and willingness of the County Commissioners to consider industry exemption from all county taxes for one year at a time for a period of up to ten years. Capital investment project financing can be arranged through a number of sources. These include traditional methods such as Industrial Development Revenue Bonds and the SBA Subordinated Debenture Program, of course, but in addition, both Somerset County and the Town of Princess Anne have their own unique financial assistance programs for new and expanding industry. The Economic Development Commission is also knowledgeable of and familiar with other financing programs designed to assist industry. With an appreciation for the view from industry's side of the desk, Somerset County is ready and able to work with you to assemble an appropriate and affordable financial package.