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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) offers funding to established Virginia manufacturers and R&D services that support manufacturing. It helps companies make significant capital investments for projects that boost capacity, modernize operations, increase productivity, or develop advanced technology, especially when facing competition from other states or countries. Grant amounts are determined by a Return-on-Investment analysis.

Eligibility Requirements

Required
Must be an existing business in Virginia.LOCATION
Required
Must be a manufacturer or provide research and development services supporting manufacturing.INDUSTRY

Application Guide

Process
APPLICATION ONLY
Difficulty
8/10
Selection Criteria

Projects demonstrating active competition with other states or countries, leading to increased capacity, modernization, productivity, or advanced technology, with a strong Return-on-Investment.

Tips for Applicants

Highlight your project's competitive advantage against other regions and provide a robust Return-on-Investment analysis to demonstrate the economic benefits for Virginia.

Geographic Coverage

VA

Links & Resources

Source & freshness

Last verified: 8/12/2026

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