Incentives
Virginia offers a variety of performance-based incentives designed to target the needs of the company and the development plans of localities and the state. From tax credits to tax exemptions, Virginia underscores its willingness to invest in companies that invest and reinvest in the Commonwealth. A listing of primary Virginia incentives and programs that support business development, is below.
- Commonwealth Opportunity Fund (COF)
- Economic Development Access Program for Roads
- Governor’s Agriculture and Forestry Industries Development (AFID) Fund
- Virginia DHCD Opportunity Zones
- Port of Virginia Economic and Infrastructure Development Grant Program
- Rail Industrial Access Program
- Statewide Tax Incentives
- Transportation Partnership Opportunity Fund
- Virginia Community Economic Network
- Virginia Enterprise Zone Program
- Virginia Guide to Business Incentives
- Virginia Investment Performance Grant
- Virginia Jobs Investment Program (VJIP)
- Virginia Small Business Financing Authority (VSBFA)
- Virginia Talent Accelerator Program