Virginia Jobs Investment Program (VJIP)
Funding and services to offset recruitment and training costs for net new full-time jobs or retrained employees.
Customized budget per job, not published. Support typically lasts 36 months. Reimbursement 90 days after hire, or after retraining is complete.
The company, as a cash grant reimbursed after hiring or retraining.
- Basic employer: at least 51% of revenue from outside Virginia
- Large company (over 250 employees): at least 25 new full-time jobs in 12 months, $1 million capital investment, and another state or country considered
- Small business (250 or fewer): at least 5 new full-time jobs and $100,000 capital investment
- Average wage must meet the local prevailing average wage, or 85% in distressed localities