The CIT GAP Fund makes seed-stage equity investments in Virginia-based technology, green technology, and life science companies with a high growth potential. The GAP Funds are overseen by CIT and private sector experts – the Investment Advisory Board – who conduct thorough due diligence on the companies before making investments. Read More

The Virginia Department of Transportation (VDOT) administers this program which assists localities in providing adequate road access to new and expanding manufacturing and processing companies, research and development facilities, distribution centers, regional service centers, corporate headquarters, government installations, and other basic employers. The program may be used to: improve existing secondary highway system roads and city streets to accommodate the anticipated additional and type of traffic generated by an eligible economic development site; and to construct new roads from a publicly maintained road to the new eligible establishment’s primary entrance when no road exists. Read More

The AFID Facility Grant programs offers localities discretionary matching economic development incentive funds to assist them in locating new or expanding facilities that create new jobs, capital investment and add value to Virginia grown agriculture and forestry products. Read More