VBRSP is a discretionary program to promote development and characterization of sites to enhance the Commonwealth’s infrastructure and promote its competitive business environment. The program’s goal is to identify and assess the readiness of potential industrial sites of at least 100 acres in the Commonwealth of Virginia (the “Commonwealth”) or 50 acres in GO Virginia Region 1 or 2 for marketing in alignment with the goals outlined in the Governor's economic development plan.
VBAF provides grants or loans to local governments to promote restoration and redevelopment of brownfield sites and to address environmental problems or obstacles to reuse so these sites can be effectively marketed to new economic development prospects.
VBAF Site Remediation Grant Guidelines and Application (FY25)
These documents are provided as resource documents for Virginia’s economic development community.
Impacts of Virginia’s Data Center Industry and Site Location Criteria (2023)
VEDP is pleased to provide information and resources to our economic development partners across the Commonwealth.
VEDP offers quarterly Economic Development (ED) 101 and VEDP Orientation sessions to leaders and practitioners involved in economic development across Virginia. The ED 101 session is led in conjunction with the VEDP Orientation on a quarterly basis. Sessions typically occur in March, June, September, and December.
The Virginia Economic Development Partnership completed, in December 2017, a five-year (FY19-FY23) Strategic Plan for Economic Development of the Commonwealth, as required by the Code of Virginia as part of VEDP reforms enacted by state leaders in 2017. In addition to the Strategic Plan for Economic Development of the Commonwealth, each Gubernatorial Administration is required by Code to release an Economic Development Policy in the first year of the Administration.
RICHMOND - Governor Terry McAuliffe today announced that Spain-based Atarfil, a world leader in developing, manufacturing, and marketing thermoplastic geomembranes, will invest $5.1 million to establish its first U.S. manufacturing and distribution facility in the City of Suffolk. Virginia successfully competed against Maryland for the project, which will create 15 new jobs.
Virginia’s collection of assets in the air, on land, and at sea uniquely position the Commonwealth to serve as a leader in this emerging industry. Home to one of six FAA-designated UAS test sites and two NASA facilities focusing on UAS research, Langley Research Center and Wallops Flight Facility, Virginia is poised to lead this promising disruptive technology sector and host unmanned systems manufacturing and testing.
RICHMOND - Governor Terry McAuliffe announced today that Atlantic Core Building Products, a manufacturer of steel commercial construction materials, will invest $3 million to establish a manufacturing operation in the City of Chesapeake. Virginia successfully competed against North Carolina and South Carolina for the project, which will create 50 new jobs.
