The Virginia Jobs Investment Program (VJIP) is one of Virginia's most actively used economic development incentives. The program encourages the expansion of existing Virginia businesses and start-up of new business operations in Virginia. It specifically addresses the top concerns of existing businesses and economic development prospects – finding and developing a skilled workforce. VJIP exists to support private sector job creation. It helps offset recruiting and training costs incurred by companies that are either creating new jobs or implementing technological upgrades. In addition to offering direct funding, VJIP also provides assistance with workforce-related challenges and organizational development workshops.
The Virginia Small Business Finance Authority (VSBFA) is the Commonwealth of Virginia's economic development and small business financing arm. We help Virginia's existing businesses and those businesses that are seeking to come to Virginia through our extensive portfolio of financing programs. Although we do not offer grants, we add value by helping Virginia's financial institutions offer business loans that they might not be able to offer without our assistance. Whether you are seeking to purchase a building or some equipment, whether your business is for-profit or a qualifying 501 (c) 3 not-for-profit, whether it is a start up or has been in business for many years, the VSBFA is happy to talk with you and your bank about your business' credit needs. Send us an e-mail or give us a call today.
VDBA's Business Information Services (BIS) Division houses a number of programs designed to assist entrepreneurs and existing business owners in obtaining the information they need to establish and grow their businesses. For those considering starting a business, our Business One Stop online system, free Entrepreneur Express seminars and "Starting a Business" business plan software can help! For owners of existing Virginia businesses, our free Growing Sales seminars and One-on-One technical assistance sessions offer your business the tools you need to grow. Regardless of your company's age, size or industry, Business Information Services has a program to help you.