Virginia Jobs Investment Program (VJIP)
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.
Funder: Virginia Economic Development Partnership
Due Dates: No application deadline stated
Funding Amounts: Customized per-job grant; support typically lasts up to 36 months
Summary: Funding and services help qualifying companies create full-time jobs or retrain employees in Virginia.
Key Information: Projects already publicly announced will not be approved.
Description
The Virginia Jobs Investment Program (VJIP) is a discretionary incentive administered by the Virginia Economic Development Partnership (VEDP). It provides cash grants and talent-development services to qualifying companies creating jobs or upskilling employees in connection with new or expanding Virginia operations. Grants help offset recruitment and training costs; an assigned business manager can also assist with recruitment planning, hiring events, training-needs assessment, and connections to workforce and education providers.
New Jobs Programs support corporate headquarters, distribution centers, information technology, manufacturing, research and development, and shared service centers. When the annual VJIP budget allows, retraining programs support manufacturing and distribution companies adapting their workforce to new production technology, a changed product line, or a substantial change in service delivery.
