Unanet expands in Loudoun County

Published December 20, 2016 by Paula C. Squires

Web software pioneer Unanet is expanding its Loudoun County footprint. The company is moving from its current location in Dulles to a 24,000-square-foot facility in the Loudoun Gateway office park in Sterling. The company said the  $7.3 million investment will result in a larger space that allows it to add 100 more employees over the next few years.
 
Founded in 1988 by CEO Fran Craig, Unanet has had its headquarters in Loudoun since 2003. The company serves more than 1,000 organizations nationwide, including government contractors located in the nation’s capital area.

“We’re proud of our Loudoun roots, and are excited to continue our strong relationship with the county,” Craig said in a statement.

Since Loudoun was in competition for the expansion project, the Board of Supervisors offered Unanet an incentive package worth $125,000.

“The incentive included a waiver of permit fees, along with a cash component,” according to Buddy Rizer, executive director of the county’s economic development authority.

“Our board has specific criteria for business incentives, and this deal met all of those criteria. This is a good deal for Loudoun; per board direction, the county will be paid back in direct tax revenue in under three years.”