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Virginia Jobs Investment Program (Virginia)

Eligibility 
Commercial
Industrial
Savings Category 
Fuel Cells
Photovoltaics
Program Info
State 
Virginia
Program Type 
Industry Recruitment/Support
Training/Technical Assistance
Workforce development
Provider 
Virginia Department of Business Assistance

The Virginia Jobs Investment Program provides cash grants to existing businesses which seek expansion or new facility locations. The company must create a minimum of 25 net new jobs within 12 months from the date of first hire and make a capital investment of at least $1,000,000.

The Virginia Jobs Investment Program offers three programs to both new and existing businesses.

New Jobs Program: For companies or start ups expecting significant growth in the next three years.

Small Business New Jobs Program: For companies or start-ups with fewer than 250 employees who are expanding in the next 12 months.

Retraining: For companies implementing significant technological upgrades affecting a large number of employees.