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VA: Virginia Investment Performance Grant (VIP)

Virginia Economic Development PartnershipGRANTSTATEEquity-Free
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Amount
$5,000,000
Deadline
Rolling
Bootstrap Score
7/10
Complexity
7/10

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About This Opportunity

The Virginia Investment Performance Grant (VIP) provides funding to established manufacturers and research and development companies in Virginia. It supports projects that increase capacity, modernize operations, boost productivity, or develop advanced technology. Grant amounts are determined based on a Return-on-Investment analysis.

Eligibility Requirements

Required
Must be an existing company based in VirginiaLOCATION
Required
Must be an existing manufacturer or provide research and development services supporting manufacturingINDUSTRY
Required
Must be an existing company (not early-stage startup)STAGE

Application Guide

Process
APPLICATION ONLY
Difficulty
7/10
Selection Criteria

Projects must result in added capacity, modernization, increased productivity, or the creation, development, and utilization of advanced technology. Selection is based on VEDP's Return-on-Investment analysis.

Tips for Applicants

Clearly demonstrate how your project aligns with the goals of capacity expansion, modernization, productivity gains, or advanced technology development. Provide a strong case for the return on investment your project will generate for Virginia.

Geographic Coverage

VA

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