{"status":200,"message":"Success","data":{"id":"c36acf6d-f390-54ce-9ee2-0d3cc8c44280","title":"Virginia Investment Performance Grant (VIP)","identifiers":{"systemId":{"registry":{"code":"opp:opengrants:system","url":"https://opengrants.io/common-grants/registries/opp-opengrants-system.json"},"id":"c6224973-5c58-4345-9111-c3a0c489b873"},"otherIds":{"opp:opengrants:program":{"registry":{"code":"opp:opengrants:program","url":"https://opengrants.io/common-grants/registries/opp-opengrants-program.json"},"id":"va:vedp-virginia-investment-performance-grant"}}},"status":{"value":"custom","customValue":"Confirm with agency","description":"Varies — check official page"},"description":"VIP encourages existing Virginia manufacturers and manufacturing-related R&D firms to keep investing in the state by adding capacity, modernizing or adopting advanced technology. There must be active competition with another state or country, and grants are paid in five equal annual installments once the investment is complete. The amount is set by the Secretary of Commerce and Trade based partly on VEDP's ROI analysis and approved by the Governor.","funding":{"details":"Up to $5 million per grant, no more than $1 million a year","maxAwardAmount":{"amount":"5000000.00","currency":"USD"}},"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 incentive; no application window, projects are considered as they arise through VEDP"}}},"acceptedApplicantTypes":[{"value":"for_profit_small_business","description":"Business"},{"value":"for_profit_not_small_business","description":"Business"}],"source":"https://www.vedp.org/incentive/virginia-investment-performance-grant-vip","customFields":{"costSharing":{"name":"costSharing","fieldType":"object","value":{"isRequired":true,"percentage":50,"details":"Matching local financial participation of at least 50% is expected."},"description":"Cost-sharing / match requirement","schema":"https://commongrants.org/custom-fields/costSharing"},"eligibilityCriteria":{"name":"eligibilityCriteria","fieldType":"object","value":{"details":"Existing Virginia manufacturer or manufacturing-supporting R&D service, legally present in Virginia at least three years, basic employer (51%+ revenue from outside Virginia), in active competition with another state or country, with capital investment of at least $25 million. No minimum job creation, but no net reduction in employment for one year after the investment is completed. Existing Virginia manufacturers, or research and development services that support manufacturing, with a legal presence in Virginia for at least three years."},"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":["Business"],"description":"Portal applicant types","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"applicantTypesNotes":{"name":"applicantTypesNotes","fieldType":"string","value":"Existing Virginia manufacturers, or research and development services that support manufacturing, with a legal presence in Virginia for at least three years.","description":"Notes on who may apply","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"purpose":{"name":"purpose","fieldType":"string","value":"Grants that reward existing Virginia manufacturers for large new capital investments in capacity, modernization or advanced technology.","description":"One-line purpose","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"geography":{"name":"geography","fieldType":"string","value":"Statewide","description":"Geographic limits within the state","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"matchingFunds":{"name":"matchingFunds","fieldType":"string","value":"50%","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":"Up to $5 million per grant, no more than $1 million a year","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 and goes through due diligence, ROI analysis, VEDP's Project Review and Credit Committee and the Secretary of Commerce and Trade; VEDP then provides a VIP application and performance agreement, 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 § 2.2-5101","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 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":"Performance agreement and annual progress reports; company must notify VEDP within 90 days of completing the investment; paid in five annual installments only after targets are met. Aggregate VIP grants payable in any fiscal year may not exceed $7 million.","description":"The catch: match, reporting, restrictions","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"programSlug":{"name":"programSlug","fieldType":"string","value":"vedp-virginia-investment-performance-grant","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-virginia-investment-performance-grant","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/virginia-investment-performance-grant-vip","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":"2026-11-09T12:37:54Z","competitions":[],"awards":[]}}