{"status":200,"message":"Success","data":{"id":"611ad78b-a399-5107-8149-1b3bfba79ee3","title":"Commonwealth's Development Opportunity Fund (COF)","identifiers":{"systemId":{"registry":{"code":"opp:opengrants:system","url":"https://opengrants.io/common-grants/registries/opp-opengrants-system.json"},"id":"e8d6cf93-7814-47b9-aaf9-b979456122b6"},"otherIds":{"opp:opengrants:program":{"registry":{"code":"opp:opengrants:program","url":"https://opengrants.io/common-grants/registries/opp-opengrants-program.json"},"id":"va:vedp-commonwealths-development-opportunity-fund"}}},"status":{"value":"custom","customValue":"Confirm with agency","description":"Varies — check official page"},"description":"The COF is a discretionary deal-closing fund VEDP administers for projects where Virginia is competing with another state or country. The grant goes to a locality on behalf of the company and can pay or reimburse costs such as site acquisition and preparation, utility and broadband extension, transportation access, building construction or build-out, and training. The amount is negotiated by the Secretary of Commerce and Trade on VEDP's recommendation and approved by the Governor.","funding":{"details":"Negotiated per project — check official page"},"funders":{"primary":{"id":"16068fbb-7c18-5207-8321-ae305390fc7f","name":"Virginia Economic Development Partnership","identifiers":{"otherIds":{"org:opengrants:funder":{"registry":{"code":"org:opengrants:funder","url":"https://opengrants.io/common-grants/registries/org-opengrants-funder.json"},"id":"4c096a13-9278-4ebf-a795-354e3ae13184","allIds":[{"id":"4c096a13-9278-4ebf-a795-354e3ae13184","status":"active"}]},"org:us:va:agency":{"registry":{"code":"org:us:va:agency","url":"https://opengrants.io/common-grants/registries/org-us-va-agency.json"},"id":"VEDP"}}}}},"keyDates":{"otherDates":{"cycle":{"name":"Application cycle","eventType":"other","details":"Negotiated deal-closing incentive; no application window, projects are considered as they arise through VEDP"}}},"acceptedApplicantTypes":[{"value":"government_state","description":"Public Agency"},{"value":"government_county","description":"Public Agency"},{"value":"government_municipal","description":"Public Agency"},{"value":"government_special_district","description":"Public Agency"},{"value":"for_profit_small_business","description":"Business"},{"value":"for_profit_not_small_business","description":"Business"}],"source":"https://www.vedp.org/incentive/commonwealths-development-opportunity-fund-cof","customFields":{"costSharing":{"name":"costSharing","fieldType":"object","value":{"isRequired":true,"percentage":100,"details":"Matching local financial participation is required dollar-for-dollar, cash or in-kind."},"description":"Cost-sharing / match requirement","schema":"https://commongrants.org/custom-fields/costSharing"},"eligibilityCriteria":{"name":"eligibilityCriteria","fieldType":"object","value":{"details":"Project must be a basic employer (51% or more of facility revenue from outside Virginia), in active competition with another state or country, with dollar-for-dollar local match. General thresholds: 50 new jobs and $5 million capital investment, or 25 jobs and $100 million, paying at least the local prevailing average wage; lower thresholds apply in single-distressed (25 jobs, $2.5 million) and double-distressed (15 jobs, $1.5 million) localities. The grant is awarded to a local government on behalf of the company; the company and the locality both sign the COF application, and the locality must sign a performance agreement with the company."},"description":"Who is eligible, in the funder's words","schema":"https://commongrants.org/custom-fields/eligibilityCriteria"},"additionalInfo":{"name":"additionalInfo","fieldType":"object","value":{"url":"https://www.vedp.org/incentives","description":"Virginia Economic Development Partnership grants page"},"description":"Where the agency publishes its programs","schema":"https://commongrants.org/custom-fields/additionalInfo"},"fundingInstrument":{"name":"fundingInstrument","fieldType":"string","value":"grant","description":"grant, loan, grant+loan, tax credit, rebate, in-kind or other","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"lastSyncedAt":{"name":"lastSyncedAt","fieldType":"string","value":"2026-11-09T06:04:52Z","description":"When the OpenGrants record data behind this opportunity was last refreshed (UTC)","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"stateCode":{"name":"stateCode","fieldType":"string","value":"VA","description":"USPS code of the state whose agency offers this funding","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"agencyKey":{"name":"agencyKey","fieldType":"string","value":"vedp","description":"Portal key of the administering agency","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"agencyAbbrev":{"name":"agencyAbbrev","fieldType":"string","value":"VEDP","description":"Administering agency abbreviation","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"agencyUrl":{"name":"agencyUrl","fieldType":"string","value":"https://www.vedp.org/","description":"Administering agency website","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"categories":{"name":"categories","fieldType":"array","value":["Housing, Community and Economic Development"],"description":"Portal categories","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"applicantTypes":{"name":"applicantTypes","fieldType":"array","value":["Public Agency","Business"],"description":"Portal applicant types","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"applicantTypesNotes":{"name":"applicantTypesNotes","fieldType":"string","value":"The grant is awarded to a local government on behalf of the company; the company and the locality both sign the COF application, and the locality must sign a performance agreement with the company.","description":"Notes on who may apply","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"purpose":{"name":"purpose","fieldType":"string","value":"Deal-closing grants, awarded at the Governor's discretion, to win a competitive company location or expansion for Virginia.","description":"One-line purpose","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"geography":{"name":"geography","fieldType":"string","value":"Statewide; lower thresholds in distressed localities","description":"Geographic limits within the state","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"matchingFunds":{"name":"matchingFunds","fieldType":"string","value":"100%","description":"\"Not Required\" or the required match percentage, as published (costSharing holds the parsed form)","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"estimatedAmounts":{"name":"estimatedAmounts","fieldType":"string","value":"Negotiated per project — check official page","description":"Estimated award amounts, as published","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"howToApply":{"name":"howToApply","fieldType":"string","value":"Negotiated incentive: the project starts with a VEDP Business Investment Manager, goes through due diligence, ROI analysis and VEDP's Project Review and Credit Committee, then the Secretary of Commerce and Trade; VEDP then provides a COF application for company and locality signature, and the Governor gives final approval.","description":"How to apply","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"statutoryAuthority":{"name":"statutoryAuthority","fieldType":"string","value":"Code of Virginia § 2.2-115","description":"Statute or rule authorizing the program","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"cycle":{"name":"cycle","fieldType":"string","value":"Negotiated deal-closing incentive; no application window, projects are considered as they arise through VEDP","description":"Application cycle pattern","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"nextDeadlineDisplay":{"name":"nextDeadlineDisplay","fieldType":"string","value":"Varies — check official page","description":"What the portal shows as the next deadline","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"deadlineSource":{"name":"deadlineSource","fieldType":"string","value":"record-live","description":"editorial, record or cycle","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"stringsAttached":{"name":"stringsAttached","fieldType":"string","value":"Locality must enter a performance agreement with the company before receiving the grant; capital investment and job targets are tracked, and the public announcement must be coordinated by VEDP and the Governor's Office.","description":"The catch: match, reporting, restrictions","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"programSlug":{"name":"programSlug","fieldType":"string","value":"vedp-commonwealths-development-opportunity-fund","description":"Stable program slug within the portal","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"programUrl":{"name":"programUrl","fieldType":"string","value":"https://opengrants.io/grants-in-virginia/#p-vedp-commonwealths-development-opportunity-fund","description":"Program card on the portal page","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"opengrantsListingUrl":{"name":"opengrantsListingUrl","fieldType":"string","value":"https://www.vedp.org/incentive/commonwealths-development-opportunity-fund-cof","description":"Listing URL on the bound OpenGrants record","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"bindingMode":{"name":"bindingMode","fieldType":"string","value":"record","description":"record, upstream, pending-import or none","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"verifiedOn":{"name":"verifiedOn","fieldType":"string","value":"2026-11-04","description":"Date the official page was last checked","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"cardStatus":{"name":"cardStatus","fieldType":"string","value":"published","description":"published, needs_review or retired","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"}},"createdAt":"2026-11-05T07:33:20.125144+00:00","lastModifiedAt":"2026-11-09T12:41:12Z","competitions":[],"awards":[]}}