Virginia Jobs Investment Program (VEDP)
state agency
Funding opportunities
Recyclable Materials Processing Equipment Tax Credit
An income tax credit is available to manufacturers for the purchase of certified machinery and equipment used for processing recyclable materials in taxable yea...
Data Center Retail Sales & Use Tax Exemption
Virginia offers a data center retail sales and use tax exemption (DCRSUT Exemption) on qualifying computer equipment or enabling software purchased or leased fo...
Commercial and Industrial Sales & Use Tax Exemption
Virginia offers sales and use tax exemptions for eligible equipment used directly in manufacturing and research and development operations. Prior to exemptions,...
Agricultural Materials and Equipment Sales & Use Tax Exemptions
Virginia offers sales and use tax exemptions for use by a farmer for purchase of tangible personal property for use in producing agricultural products for marke...
Virginia Enterprise Zone – Real Property Investment Grant
The Virginia Enterprise Zone (VEZ) program is a partnership between state and local government that encourages job creation and private investment. VEZ accompli...
Virginia Enterprise Zone – Job Creation Grant
The Virginia Enterprise Zone (VEZ) program is a partnership between state and local government that encourages job creation and private investment. VEZ accompli...
Technology Zones
Virginia’s towns have the ability to establish, by ordinance, one or more technology zones to attract growth in targeted industries. Establishment of a technolo...
Foreign Trade Zones (FTZs)
Foreign trade zones allow businesses to defer paying Customs duties on imported goods held within the zones until the goods enter the United States for domestic...
Defense Production Zones
Virginia’s towns have the ability to establish, by ordinance, one or more defense production zones to attract growth in national defense-related businesses. Qua...
Virginia Talent Accelerator Program
The Virginia Talent Accelerator Program, delivered by VEDP in partnership with the Virginia Community College System, provides world-class training and recruitm...
Virginia Jobs Investment Program (VJIP)
The Virginia Jobs Investment Program (VJIP) is a discretionary incentive that provides funding and services to qualifying companies to support new job creation...
Virginia Port Volume Increase Grant Program
The Virginia Port Volume Increase Grant Program (PVI Grant) provides grant funding to eligible entities that increase cargo volume by a minimum of five percent...
Virginia Investment Performance Grant (VIP)
The Virginia Investment Performance Grant (VIP) encourages continued capital investment by existing Virginia companies, resulting in added productivity, or the...
Virginia Economic Development Incentive Grant (VEDIG)
The Virginia Economic Development Incentive Grant program (VEDIG) assists and encourages companies to invest and create new employment opportunities by locating...
Virginia Barge and Rail Usage Grant Program
The Virginia Barge and Rail Usage Grant Program (BRU Grant) has been established to provide grant funding for international trade facilities, defined in the BRU...
Port of Virginia Economic and Infrastructure Development Grant (EID Grant)
The Port of Virginia Economic and Infrastructure Development Grant (EID Grant) is designed to incentivize companies to locate new maritime-related employment ce...
International Trade Facility Grant Program - a component of the Port of Virginia Economic Development Program and Fund
The International Trade Facility Grant Program (ITF Grant) has been established to provide grant funding to eligible international trade facilities that increas...
Commonwealth’s Development Opportunity Fund (COF)
The Commonwealth’s Development Opportunity Fund (COF) is a “deal-closing” fund to be employed at the Governor’s discretion to secure a company location or expan...