West Virginia Economic Revitalization
WV has a strong value proposition to offer to IT services operations
Key WV Assets:
Value Proposition:
Labor force
Affordability
/ Low turnover rate (8.8% vs. 10.3% average)
/ High rate of home ownership
/ Significant cost advantages over most of the US
/ Dedicated, skilled and low-cost workforce; right
to work state
/ Near major IT hubs and the federal government in
COOP compliant geography
/ Ease and low cost of doing business
/ Low cost of living (14% below average)
/ Low cost of doing business (7th best in US)
/ Low operating costs
Location &
transportation
/ Easy access from D.C. and Pittsburgh
/ Safe distance from key federal sites
Favorable policies
/ Ranked higher than any neighboring state (21st) on State Business Tax Climate Index
/ Has decreased business tax burden by more than $660 million in the last eight years
/ Provides IT specific incentives eliminating sales tax and reducing property taxView entire presentation