Workforce Incentives

Virginia Jobs Investment Program (VJIP)

Funding to mitigate costs to recruit, train, and onboard new employees or retrain existing employees. Job creation thresholds, capital investment, wage minimum ($9.79), and industry specific.

Green Job Creation Tax Credit

A credit against Virginia personal or corporate income tax for each new green job created within the Commonwealth by the tax payer. Limited to specific industry categories.

Major Business Facility Job Tax Credit

Income tax credit for each new full-time job created over a threshold number of jobs. New and expanding companies; specific job classifications; company location determines threshold.

V3 Employer Grant

Grant funding available for V3 certified employers hiring and retaining Veterans for at least one year. Grant funding available for V3 certified employers hiring and retaining Veterans for at least one year.

Virginia Registered Apprenticeship Related Instruction Incentive Program (ARIIP)

Partial reimbursement for eligible sponsors and employers for certain costs of related instruction. Industry/trade specific; subject to available funding.

Worker Retraining Tax Credit

Income tax credit equal to 30% of all expenditures made by the employer for eligible worker retraining. Retraining must be certified by VEDP or approved by Commissioner of Labor and Industry.

Workforce Credentials Grant

Grants available to partially fund industry credentials in high-demand occupations. Occupation/curriculum specific.

Workforce Innovation & Opportunity Act 

Federal funding for employment and training activities, including incumbent worker retraining and on-the-job training. Various eligibility criteria; client specific.

The Incentive Process

Chesapeake Economic Development guides qualified companies through a simple application process. Our staff is dedicated to bring investment and quality jobs to Chesapeake.

How To Apply

Please contact us to further explore possible incentives for your project.

View the Questionnaire to determine what information will be needed to qualify for incentives.

The Steps

  • Company submits application

  • CED qualifies project

  • Incentive offer letter sent to company

  • EDA & City Council adopt resolution

  • Company & City sign Development Agreement

  • Disbursement of Funds

More Data

Data Center

Use interactive mapping to learn more about Chesapeake.