Virginia Enterprise Zone (VEZ)


Program Contacts
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Jordan Snelling (804-371-7121)
Tory McGowan (804-371-7066)

The Virginia Enterprise Zone (VEZ) program is a partnership between state and local government that encourages job creation and private investment. VEZ accomplishes this by designating Enterprise Zones throughout the state and providing two grant-based incentives, the Job Creation Grant (JCG) and the Real Property Investment Grant (RPIG), to qualified investors and job creators within those zones, while the locality provides local incentives.

For a list of zones, see the VEZ map.

Grant Year 2016 

Applications for Grant Year 2016 are due April 1st, 2017. The 2016 Instruction Manuals and Agreed-Upon-Procedures for the CPA Attestation will be made available on this website by December 1, 2016. The GY 2015 materials are linked below for reference, but should not be utilized for GY 2016 submissions. The EZ Application Submission System will open for submissions on January 1, 2017. 


HTQ registration

December 12, 2016
Wytheville Meeting Centre, Evansham Ballroom
333 Community Boulevard, Wytheville, VA 24382
December 13, 2016
Main Street Centre, 12th Floor,  North Conference Room
600 E. Main Street, Richmond, VA 23219
South Boston:
January 10, 2017
Halifax County IDA, 1st Floor, Conference Room
1100 Confroy Drive, South Boston, VA 24592
January 11, 2017
Ruppert Sargent Building, 1st Floor, Veterans Conference Room
1 Franklin Street, Hampton, VA 23669




State incentives are available to businesses and zone investors who create jobs and invest in real property within the boundaries of enterprise zones.

  • Qualification for the Job Creation Grant (JCG) is based on permanent full-time job creation over a four job threshold, wage rates of at least 175 percent of the Federal minimum wage (150 percent in HUAs*), and the availability of health benefits. Personal service, retail, food and beverage positions are not eligible to receive job creation grants.

*As of 2010, firms located in High Unemployment Areas (HUAs) may qualify for the JCG at the reduced wage rate threshold of $10.88 (150 percent of the Federal minimum wage). A list of HUAs is provided below in the Helpful Links section of this page.

  • Eligiblity for the Real Property Investment Grant (RPIG) is based on qualified investments made to commercial, industrial, and mixed-use buildings or facilities located within the boundaries of an enterprise zone. To be eligible for the RPIG, an individual or entity must invest at least $100,000 for rehabilitation or expansion projects and at least $500,000 for new construction projects.

For more information about state incentive eligibility criteria and grant awards please reference the Virginia Enterprise Zone Grant Matrix under the “Helpful Links “section.



  • Funding Allocation Revisions
    In an effort to prioritize job creation, Job Creation Grants will receive funding priority should grant request exceed available funds. In the event that grant requests exceed allocated funding, Real Property Investment Grants may be subject to proration.
  • Job Creation Grant Revisions
    The Virginia Enterprise Zone (VEZ) Job Creation Grant (JCG) has reduced the wage rate threshold for job grants in areas with unemployment rates that are equal to or more than one and one-half times the state average to 150 percent of the federal minimum wage or $10.88 to receive grants. High unemployment area zones authorized by this new provision are listed on the link below.

Wage Rate Threshold* Grant Per PFTE Eligible Businesses
$10.88 $500 HUA Business
$12.69 $500 All Business
$14.50 $800 All Business


Helpful Links