Virginia Enterprise Zone (VEZ) supports businesses and property investors through grants for permanent job creation, construction, rehabilitation, expansion, and solar projects to encourage private investment.
GY26 replaces GY25, moving applications from January 1–April 1, 2026 to January 1–April 1, 2027, and qualifying jobs/investments from calendar 2025 to 2026. JCG hourly wage thresholds rise to $21.72 (175%), $18.62 (150%), and $15.51 (125% for high-unemployment areas/SWaM-certified businesses); other guidance also changed.
Virginia Economic Development Incentive Grant (VEDIG) supports companies bringing major headquarters, administrative, or service-sector operations to Virginia to spur investment and create jobs.
The Virginia Jobs Investment Program (VJIP) supports companies creating full-time jobs or retraining employees in Virginia by funding recruitment and training to build the workforce their operations need.
Virginia Investment Performance Grant (VIP) supports Virginia manufacturers and manufacturing-related research and development services with capital investments that expand capacity, modernize facilities, or improve productivity.
The Port of Virginia Economic and Infrastructure Development Grant (EID Grant) supports companies expanding maritime operations in Virginia by funding job creation and port-related investment to grow cargo activity.
Economic Development Workforce Housing Incentive Pilot Program supports housing developers building new homes for workers in Virginia’s Tobacco Region to meet employer needs and attract economic development.