VA: Virginia Economic Development Incentive Grant (VEDIG)
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About This Opportunity
The Virginia Economic Development Incentive Grant (VEDIG) assists companies looking to establish significant headquarters, administrative, or service sector operations in Virginia. It's designed for businesses that will create a substantial number of new, high-paying jobs and make significant capital investments, especially when Virginia is in competition with other states or countries. The grant amount is determined by the Secretary of Commerce and Trade, based on an ROI analysis and Governor's approval.
Eligibility Requirements
Application Guide
Selection is based on the project's ability to create significant new full-time jobs with high average salaries, substantial capital investment, and the existence of active competition with other states/countries. A Return-on-Investment analysis by VEDP and the Governor's approval are key factors.
Emphasize the scale of job creation, the quality of wages, and the magnitude of capital investment. Clearly articulate the competitive offers from other states or countries to demonstrate the necessity of the grant. Be prepared for a thorough due diligence review and ROI analysis.
Geographic Coverage
Links & Resources
Source & freshness
Last verified: 9/13/2026
Primary source: Official source page
Refresh cadence: Listings are refreshed weekly.
Reminder: Confirm eligibility and deadlines before applying.
View all opportunities from Virginia Economic Development Partnership