Your partner
for long-term growth

Provides grants to localities for businesses that add value to Virginia-grown agriculture and forestry products

Provides “deal-closing” grants at the Governor's discretion to secure a company location or expansion in Virginia

The International Trade Facility Grant Program benefits companies that either create jobs or make capital investment in an international trade facility.

Provides grants to companies that construct new maritime-related employment centers or expand existing centers

Offers per-unit credit for “international trade facilities” that transport containers using barge or rail, rather than trucks or other motor vehicles on Virginia’s highways

Provides grants to companies that invest and create new employment opportunities by locating significant headquarters, administrative, or service sector operations in Virginia

Provides grants to existing Virginia manufacturers or manufacturing-related research and development services that continue capital investment in the Commonwealth

Virginia’s Port Volume Increase Tax Credit benefits manufacturing, distribution, agriculture, and mineral and gas companies that utilize Virginia’s port facilities. A company that increases its usage by 5% in a single calendar year over its base year of port cargo volume can receive $50 per TEU in excess over the previous year’s cargo volume

Provides small businesses and communities with debt financing resources for business formation and expansion

Provides funds to localities for road improvements needed to create adequate access for new or substantially expanding companies

Provides funds to construct railroad tracks to new or substantially expanded industrial and commercial projects having a positive impact on economic development in Virginia

Awards grants, revolving loans, or other financial assistance to an agency or locality for projects related to transportation capacity expansion

Provides services and funding to companies creating new jobs or implementing technological change to reduce human resource development costs for new companies, expanding companies, and companies retraining their employees

Provides world-class training and recruitment solutions that are fully customized to a company’s unique operations, equipment, standards, and culture. All program services are provided at no cost to qualified new and expanding companies as an incentive for job creation.

Virginia’s cities, counties, and towns have the ability to establish, by ordinance, one or more defense production and support services zones to attract growth in national defense-related businesses.

Allows businesses to defer paying U.S. Customs duties on imported goods held within the zones until the goods enter the United States for domestic consumption

Virginia’s cities, counties, and towns have the ability to establish, by ordinance, one or more green development zones.

Virginia cities, counties, and towns have the ability to establish by ordinance, one or more technology zones to attract growth in targeted industries.

Provides performance-based grants and loans to localities in Virginia's tobacco-producing regions (34 counties and six cities in southern and southwestern Virginia)

Provides low-interest loans or grants to qualified new or expanding businesses in a seven-county, one-city region in southwestern Virginia

Provides grants to businesses that create high-wage, full-time, permanent positions with health benefits in an Enterprise Zone that are net new jobs for Virginia

Provides grants to investors that undertake rehabilitation, expansion, or new construction projects within the boundaries of an Enterprise Zone

Offers sales and use tax exemptions for use by a farmer for purchase of tangible personal property for use in producing agricultural products for market, medicine and drugs sold to a veterinarian, or property used to produce agricultural products for market in an indoor, closed, controlled environment commercial agricultural facility.

Offers sales and use tax exemption for purchases used directly in production or research and development

Offers exemption for qualifying computer equipment or enabling software purchased or leased for use in certain data centers in the Commonwealth that meet minimum investment and job creation requirements

An income tax credit is available to manufacturers for the purchase of certified machinery and equipment used for processing recyclable materials in taxable years beginning before January 1, 2027.