State and Local Incentives

State Incentives

Virginia Jobs Investment Program (VJIP)

The Virginia Jobs Investment Program is a discretionary program that provides funding to companies creating new jobs or experiencing technological change to reduce the human resource development costs for new companies, expanding companies, and companies retraining their employees. 

Virginia Talent Accelerator Program

The Virginia Talent Accelerator Program provides world-class training and recruitment solutions that are fully customized to a company’s unique operations and culture. All program services are provided at no cost to qualified new and expanding companies as an incentive for job creation.

Visit VEDP's Incentives Page for a full list of state incentives offered by the Commonwealth of Virginia.

 

Local Incentives

Gazelle Grant Program

The Arlington County Gazelle Grant program offers economic development performance grants between $10,000 and $150,000 to select fast-growing technology companies and tech catalyst organizations like business incubators, accelerators and venture funds.

Arlington County Technology Zone

The Technology Zone is a partial offset of the Business, Professional, Occupational License (BPOL) tax, a local license tax levied on business gross receipts for the prior year, qualified companies receive a 50% reduced BPOL rate for 10 years, which translates to savings roughly equivalent to $2.00 to $3.00 per square foot in building occupancy costs annually.

Visit AED's Incentives Page for a full list of available incentives in Arlington County.

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