Commonwealth's Opportunity Fund - Discretionary fund available to secure a business location or expansion project.

Agriculture and Forestry Industries Development Fund (AFID) - Fund available to support businesses that add value to Virginia-grown agricultural and forestry products.

Major Eligible Employer Grant Program (MEE) - Provides grants to companies to make significant investments and provide a significant number of stable jobs through expansion or new operation of a significant size.

Virginia Economic Development Incentive Grant (VEDIG) - A grant for companies whose location of a significant headquarters, administrative, or service sector operation led to new employment in Virginia.

Virginia Investment Performance Grant (VIP) - Provides grants to existing manufacturers or manufacturing R&D entities that continue capital investment in Virginia.

Virginia Jobs Investment Program - Program that offers customized recruiting and training assistance to companies creating new jobs or experiencing technological change.

Virginia Talent Accelerator Program - Customized recruitment and training services designed to fit a company’s specific operations, requirements, standards, and culture. This program will be offered at no cost to companies who qualify for job creation incentives.

Foreign Trade Zones - Hampton Roads is a foreign trade zone which can effectively eliminate or reduce customs duties.

Enterprise Zones - Provides state and local incentives to businesses that create new jobs and invest in real property.

Job Creation Grants - Grants for permanent, full-time job creation over a 4-job threshold that meet wage requirements.

Real Property Investment Grants - Grants for qualified real property investments.

Technology Zones - Grants specific to individual localities in Hampton Roads which assist technology based companies

Property Tax Exemptions - Property is not taxed at the state level; real estate and tangible personal property are locally taxed. There are no taxes on intangible property, manufacturers’ inventory and manufacturers’ furniture, fixtures and corporate aircraft.

Sales and Use Tax Exemption - Virginia offers the broadest sales and use tax exemptions in the U.S for certain purchases used directly in production

Data Center Retail Sales & Use Tax Exemption - Exemption for qualifying computer equipment or software purchased for use in certain data centers that meet requirements.

Major Business Facility Job Tax Credit - Offers $1,000 income tax credit for new full-time jobs created over a certain job threshold Major

R&D Expenses Tax Credit - A tax credit for qualifying companies that incur more than $5 million of R&D expenses

Port Volume Increase Tax Credit - Credit available to companies who increase port cargo through public or private facilities located in Virginia by a minimum of 5% in a single year.

Barge and Rail Usage Tax Credit - Credit available to companies who move cargo by barge or rail, rather than truck, on Virginia’s highways

International Trade Facility Tax Credit - Tax credit for either new job creation or capital investment in an international trade facility as a result of moving 10% more cargo through a Virginia Port Authority-operated cargo facility than in the preceding taxable year.

Port of Virginia Economic and Infrastructure Development Grant Program - Grants companies can obtain for construct new or expand existing maritime-related employment centers.