The Virginia Talent Accelerator Program, delivered by VEDP in partnership with the Virginia Community College System, 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.

The Advanced Manufacturing Talent Investment Program and Fund, established pursuant to section 23.1-1244 of the Code of Virginia, was created to increase the number of trained individuals entering advanced manufacturing careers and to improve the readiness of graduates to be employed in identified advanced manufacturing fields. Funds will be allocated to existing programs that serve the Hampton Roads and Southwest Virginia regions (GO Virginia Regions 1 and 5) and other named institutions.

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 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.

Your U.S. Business Starts Here - In Virginia 

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

Qualified businesses include: 

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

Establishment of a green development zone allows localities to create special incentives and certain regulatory flexibility for qualified businesses locating or expanding operations within a zone.

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

Establishment of a technology zone allows localities to create special incentives and certain regulatory flexibility for qualified businesses locating or expanding operations within a zone.

Invest. Innovate. Inspire.

InternshipsVA, funded through the Commonwealth Innovative Internship Fund and Program, helps Virginia employers design and launch high-quality, paid internships that not only build strong local talent pipelines but help keep Virginia’s talented post-secondary students in the Commonwealth after graduation.

AFID is a discretionary incentive to grow Virginia’s agriculture and forestry industries.

AFID grants are made to localities at the discretion of the Governor with the expectation that the grant will be critical to the success of a project, which will result in creation of new jobs and investment from companies that add value to Virginia-grown agriculture and forestry products.

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 expansion in Virginia. Administered by the Virginia Economic Development Partnership (VEDP), the COF serves as a final resource for Virginia in the face of serious competition from other states or countries.

The COF grant is a negotiated amount determined by the Secretary of Commerce and Trade, based on the recommendation of VEDP, and subject to approval of the Governor.