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.
Locating or relocating the following operations to Virginia on a significant level may qualify for this program.
- Company Headquarters
- Administrative office
- Service sector
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