Businesses
Government-funded
$3.0M
per applicant
Grant
Cash award, application-based
Rolling
No fixed cutoff
Rolling
Or check for open cycles
Moderate
Standard state application
Performance-based grants for regional economic development projects in Virginia that diversify the economy, increase average wages, and create new jobs in non-government sectors. Funded by GO Virginia's $55M+ per year state appropriation for industry sector development.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Project must span multiple localities and be sponsored by a regional council
2.Must create new private-sector jobs in a priority cluster (tech, life sciences, manufacturing, finance, data)
3.Grant funds typically $500K–$3M for site readiness, workforce, or business attraction
4.At least 2:1 private/local match required in most regions
5.Annual application cycle through regional GO Virginia council
OEDIT · Colorado
3% state income tax credit for businesses investing in business personal property in Colorado's 16 Enterprise Zones, which cover the state's most economically distressed rural and urban areas. Stacks with other CO Enterprise Zone credits for wage, research, and job training.
KCED · Kentucky
Provides income tax credits and wage assessments to encourage new and expanding businesses to locate in Kentucky. Credits are tied to job creation and capital investment commitments over a 15-year term.
Utah OEO · Utah
30% state income tax credit on new employee wages for businesses creating 5+ jobs in rural Utah Economic Opportunity Zones. Meaningful incentive to locate outside Salt Lake's urban corridor, with a 5-year credit period.