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VA: International Trade Facility Grant Program - a component of the Port of Virginia Economic Development Program and Fund

Virginia Economic Development PartnershipGRANTSTATEEquity-Free
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Amount
$3,500
Deadline
Open
Bootstrap Score
7/10
Complexity
7/10

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About This Opportunity

The International Trade Facility Grant Program provides funding to eligible international trade facilities in Virginia. Businesses can receive grants based on capital investment or increased employment, provided they boost port cargo volume by at least 5% and pay competitive wages. This program aims to stimulate economic development and trade activities at Virginia's port facilities.

Eligibility Requirements

Required
Must be an 'international trade facility' engaged in port-related activities.INDUSTRY
Required
Must use operated marine port facilities located in Virginia.LOCATION
Required
Must transport at least 5% more cargo through maritime port facilities in Virginia during the taxable year than the preceding calendar year.REVENUE_MIN
Required
Grant funding for jobs is based on 'qualified full-time employees' filling new, permanent positions (35+ hours/week, 48 weeks/year).TEAM_SIZE

Application Guide

Process
APPLICATION ONLY
Difficulty
7/10
Selection Criteria

Eligibility is based on being an international trade facility engaged in port-related activities in Virginia, demonstrating a minimum 5% increase in port cargo volume, paying competitive entry-level wages, and creating qualified full-time jobs. Applicants must not have claimed other specific state job credits or grants.

Tips for Applicants

Ensure all cargo volume increases and wage requirements are meticulously documented. Clearly define how new jobs meet the 'qualified full-time employee' criteria and confirm non-duplication with other state incentives.

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