West Virginia Welcomes Maryland Tech Companies: Open For Business

Aria Freeman

4 min read

Post on May 30, 2025

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West Virginia's Competitive Advantages for Tech Businesses

West Virginia offers significant advantages for tech companies looking to reduce expenses and maintain a competitive edge.

Lower Operating Costs

Compared to Maryland, West Virginia boasts significantly lower operating costs across the board. Real estate, taxes, and utilities are all considerably more affordable.

• Real Estate: Office space and industrial property costs are, on average, 50-75% lower in West Virginia than in major Maryland markets like Baltimore and Bethesda.
• Taxes: West Virginia offers a more favorable tax structure for businesses, including lower corporate income tax rates and property taxes. Specific tax incentives vary by location and are available through the West Virginia Development Office.
• Utilities: Energy costs, including electricity and natural gas, are consistently lower in West Virginia, contributing to significant savings for businesses.
• Charleston, Morgantown, and Huntington are prime examples of cities offering attractive deals and cost-effective real estate options for tech companies.

A Growing and Skilled Workforce

West Virginia possesses a growing pool of skilled workers, particularly in STEM fields, thanks to its robust higher education system.

• Universities and Colleges: West Virginia University, Marshall University, and Shepherd University produce graduates in computer science, engineering, and other technology-related disciplines.
• Workforce Training Programs: The state invests heavily in workforce development initiatives, providing training and upskilling programs to meet the needs of the tech industry. These programs help bridge the skills gap and ensure a ready supply of qualified workers.
• Talent Acquisition and Retention: Strategies for attracting and retaining tech talent include competitive salary packages, lifestyle benefits highlighting West Virginia's outdoor recreation and affordable cost of living, and partnerships with local universities for internship and recruitment programs.

State and Local Incentives for Businesses

West Virginia actively encourages business growth with a range of attractive incentives.

• Tax Credits: Various tax credits are available to qualifying businesses, including those in the technology sector. These can significantly reduce tax burdens.
• Grants: Funding grants are offered to support business expansion, infrastructure development, and job creation initiatives.
• Infrastructure Support: The state invests in infrastructure improvements, including broadband expansion and transportation networks, to support businesses.
• provides detailed information about available incentive programs.

Infrastructure and Connectivity in West Virginia

Concerns about infrastructure and connectivity in West Virginia are being actively addressed through significant investments.

Improved Broadband Access

West Virginia has made significant strides in expanding high-speed internet access across the state, including previously underserved rural areas.

• Broadband Expansion Initiatives: State and federal programs are funding major broadband infrastructure projects to ensure reliable internet connectivity for businesses and residents alike.
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Transportation and Logistics

West Virginia benefits from a strategic location and well-developed transportation network.

• Major Highways: The state is served by a network of interstate highways, providing easy access to major markets in the Northeast and Midwest.
• Airports: Several airports offer convenient air travel connections for businesses and employees.
• Proximity to Major Markets: West Virginia's central location provides relatively easy access to major consumer and business markets on the East Coast.

Modern Business Parks and Facilities

West Virginia is developing modern business parks and facilities to meet the needs of growing companies.

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Quality of Life in West Virginia

West Virginia offers a high quality of life, enhancing employee recruitment and retention.

Affordable Living

The cost of living in West Virginia is significantly lower than in Maryland, boosting employee disposable income and reducing business expenses.

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Outdoor Recreation and Natural Beauty

West Virginia's stunning natural beauty and abundant outdoor recreational opportunities are a major draw for employees.

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Strong Communities and Family-Friendly Atmosphere

West Virginia's welcoming communities and family-friendly atmosphere contribute to a high quality of life.

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Conclusion: West Virginia: The Smart Choice for Maryland Tech Companies

Relocating or expanding to West Virginia offers Maryland tech companies a compelling combination of lower costs, a skilled workforce, attractive incentives, and a high quality of life. The state's competitive advantages over remaining in Maryland are undeniable, making it a smart choice for businesses seeking growth and long-term success. Discover West Virginia's advantages for tech businesses and consider relocating your Maryland tech company to West Virginia. Contact the West Virginia Development Office today to explore the many opportunities available.