Virginia Economic Development Incentive Grant (Virginia)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place Virginia

Applies to States or Provinces Virginia
Name Virginia Economic Development Incentive Grant (Virginia)
Policy Category Financial Incentive
Policy Type Grant Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province

Program Administrator Virginia Economic Development Partnership
Primary Website

Last Review 2014-09-15

Information Source


The Virginia Economic Development Incentive Grant is a discretionary cash grant, designed to assist and encourage companies to invest and create new employment opportunities by locating significant headquarters, administrative or service sector operations in Virginia. The program requires a capital investment of at least $5 million or $6,500 per job (whichever is greater) and job creation thresholds ranging between 200-400 depending upon the locality.

Policy Contact

Department Virginia Economic Development Partnership
Address 901 East Byrd Street
Address 2 P.O. Box 798
Place Richmond, Virginia
Zip/Postal Code 23218-0798
Phone (804) 545-5600