Virginia

The Virginia Economic Development Incentive Grant (VEDIG)

The Virginia Economic Development Incentive Grant (VEDIG) is providing $4M to encourage organizations to invest and create job opportunities in Virginia.

Gibson Ingram
Apr 8, 2021
Virginia Job Creation In The US Funding for Company Expansion
Creating job opportunities in Virginia

ENCOURAGING COMPANIES TO CREATE JOB OPPORTUNITIES IN VIRGINIA

The Virginia Economic Development Incentive Grant (VEDIG) is providing $4M to encourage organizations to invest and create job opportunities in Virginia.

Eligible Projects

Locating or relocating the following operations to Virginia on a significant level may qualify for this program.

  • Company Headquarters
  • Administrative office
  • Service sector


Project Eligibility

Eligible projects require:

  • A capital investment of $5 million or $6,500 per job (whichever is greater)
  • A job creation thresholds ranging between 200-400 depending on the population of the locality

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