About Virginia Economic Development Partnership

The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve existing and new companies, to expand, locate, or increase trade opportunities, by providing confidential site selection, workforce solutions, and international trade services.

Site Selection and Business Development:
The team at VEDP understands the complicated demands of the site selection process and offer years of experience to help make your site selection project for new and expanding businesses run smoothly. The Partnership consists of several divisions whose combined expertise confidentially provides the resources you need to make the most informed location decision with the least amount of your time and effort.

VEDP's Division of International Trade and Investment:
The division works with existing Virginia companies interested in pursuing, or increasing, foreign sales opportunities, and international companies seeking a prime business location to expand or relocate their operations.

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Headquarter
901 E Cary St, Richmond, Virginia 23219, US
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Founded
1995
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Keywords
Corporate Relocation, International Trade, Economic Development, Business Development, Site Selection, Business Expansion, Business Relocation, Export Services, Corporate Expansion

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Frequently Asked Questions about Virginia Economic Development Partnership

Who is the CEO of Virginia Economic Development Partnership?

Jason El Koubi is the CEO of Virginia Economic Development Partnership.

Who are the decision makers in Virginia Economic Development Partnership?

The decision makers in Virginia Economic Development Partnership are Anita Begnaud, Eric Futterman, Eric Jehu, etc. Click to Find Virginia Economic Development Partnership decision makers emails.

What services does the Virginia Economic Development Partnership (VEDP) offer to businesses looking to relocate or expand in Virginia?

VEDP provides a comprehensive range of services to assist businesses in relocating or expanding within Virginia. These services include site selection assistance, market research, financial incentives guidance, and connections to local resources. VEDP also offers support in navigating the regulatory environment and can help businesses identify potential workforce solutions to meet their needs.

How can VEDP assist with international trade and export services?

VEDP offers a variety of resources to support businesses in international trade and export activities. This includes providing market intelligence, trade missions, and export training programs. VEDP also connects businesses with international partners and helps them understand the complexities of exporting goods, including compliance with regulations and identifying funding opportunities for export initiatives.

What types of industries does VEDP support?

VEDP supports a diverse range of industries, including advanced manufacturing, information technology, life sciences, agriculture, and logistics. The partnership tailors its services to meet the specific needs of each industry, ensuring that businesses receive relevant support and resources to thrive in Virginia's economic landscape.

What financial incentives does VEDP provide to businesses considering expansion or relocation?

VEDP offers various financial incentives to encourage business expansion and relocation in Virginia. These incentives may include grants, tax credits, and low-interest loans, which are designed to offset costs associated with job creation, capital investment, and workforce training. VEDP works closely with businesses to identify the most suitable incentives based on their specific projects and needs.

How does VEDP assist with site selection for new businesses?

VEDP provides expert site selection assistance by offering detailed data on available properties, infrastructure, and demographic information. The partnership conducts thorough analyses to match businesses with suitable locations based on their operational requirements, including access to transportation, utilities, and workforce availability. VEDP also facilitates site visits and connects businesses with local economic development officials.

What resources are available for businesses interested in workforce development in Virginia?

VEDP collaborates with various workforce development organizations to provide businesses with access to training programs, recruitment resources, and workforce data. The partnership can help businesses identify training grants, connect with educational institutions for customized training solutions, and access labor market information to better understand the local workforce landscape.

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