The Virginia Economic Development Partnership is a statewide association of government entities and businesses .  The Partnership is a Certified Community Development Entity as recognized by the US Treasury, and provides access to federal and state funding for business investments that will create jobs and result in economic benefit to communities throughout the State of Virginia.

The Partnership provides support to both businesses and government agencies. 

Support for businesses often takes the form of funding - significant grants, tax credits, low interest loans and other financial mechanisms.  For example, salable federal tax credits equal to 39% of a qualified investment are available.  In Virginia, additional significant discretionary state investment incentives may be available as well.  Other examples of incentives for investment include the gift of land and/or buildings, cash grants, zero interest loans and grants to train employees.