The Virginia Jobs Investment Program (VJIP)
About the Program
The Virginia Jobs Investment Program (VJIP) is a discretionary incentive that provides funding and services to qualifying companies to support new job creation or upskilling alongside new or expanding operations. The cash grant and accompanying services are intended to offset a company’s recruitment and training costs.
The funding for each net new, full-time job created or full-time employee retrained is based on a customized budget determined by an assessment of the company’s recruiting and training activities, as well as the project’s expected benefit to the Commonwealth. The Secretary of Commerce and Trade approves the final budget and proposal before the project begins.
VJIP support is typically for a 36-month period. Companies can be reimbursed 90 days after the new employee is hired (for new jobs programs) or after the retraining activity is complete (for retraining programs).
In addition to direct funding, services provided include holistic talent development support provided by an assigned manager in response to the unique needs of each project. Services include connection to partnerships with state, regional, and local workforce and education providers.
Partners include:
• Virginia Community College System
• 4-Year Colleges and Universities
• Virginia Works
• Virginia Career Works
• Career & Technical Education Providers
• Local and Regional Economic Developers
Explore Communities Across Virginia
You've learned about the program. Now explore Virginia communities to better understand the places where your business—and your team—could thrive.
Explore:
- LookyLOO Reviews of Virginia Cities
- Neighborhood Guides
- Local Reviews
- Schools & Quality of Life
- Save Virginia Markets to your Project Book