The Commonwealth’s Opportunity Fund (COF), formerly known as the Governor's Opportunity Fund (GOF), is a discretionary incentive available to the Governor to secure a business location or expansion project for Virginia. Grants are awarded to localities on a local matching basis with the expectation that the grant will result in a favorable location decision for the Commonwealth.

Below is a list of other incentives offered by the Virginia Economic Development Partnership (VEDP). For more information about these incentives, please visit the VEDP's website
at YesVirginia.org.

• Virginia Incentives Website
• Virginia Investment Partnership Act/Major Eligible Employer Grant
• The Virginia Economic Development Incentive Grant
• Governor's Agriculture and Forestry Industries Development Fund
• Tobacco Region Opportunity Fund
• Port of Virginia Economic and Infrastructure Development Grant Program
• Virginia Jobs Investment Program
• Corporate Income Tax Credits
• Sales and Use Tax Exemptions
• Property Tax Exemptions
• Economic Development Access Program
• Rail Industrial Access Program
• Transportation Partnership Opportunity Fund
• Virginia Small Business Financing Authority
• Enterprise Zones
• Technology Zones
• Foreign Trade Zones
• Defense Production Zones