The Virginia Department of Business Assistance is the Commonwealth's economic development agency for entrepreneurs, existing businesses, financing programs, and workforce incentives. Check out upcoming small business workshops coming around Virginia at www.vastartup.org.

1. VIRGINIA DEPARTMENT OF BUSINESS ASSISTANCE
OUR MISSION
The mission of the Department of
Business Assistance is to promote
economic growth by helping Virginia
businesses prosper.
SERVICE TEAMS & PROGRAMS
Business Information Services
Entrepreneur Express Workshops
Virginia Business Information Center
Virginia Business One Stop
One-on-One Business Builder
Counseling
Business Sales Growth Seminars
Social Media Training
Virginia Jobs Investment Program
New Jobs Program
Retraining
How we support Virginia business: Small Business New Jobs Program
The Virginia Department of Business Assistance (VDBA) provides highly
effective economic development programs and services which contribute to Virginia Small Business Financing
Virginia’s prosperity by creating new jobs, retaining existing jobs and generating
additional revenues. The agency supports business expansion, formation and Authority
recruitment efforts by providing the following programs and services: Industrial Development Bonds
Entrepreneurial/Business Education and Assistance:
Loan Guaranty Program
Economic Development Loan Fund
Educational programs and assistance (Entrepreneur Express, Growing Sales Child Care Financing Program
Seminar, and Procurement Assistance Workshop) designed to assist Virginia Capital Access Program
entrepreneurs and business owners with business formation and expansion.
(VCAP)
Business One Stop (BOS): Providing Access to Capital for
An innovative, online service designed to accelerate business formation in Entrepreneurs
Virginia. While the capabilities of this service are being expanded, Business One
Stop currently provides specific licensing, permitting and registration
requirements for many types of businesses and assist with partial completion of
the necessary forms.
Virginia Business Information Center (VBIC):
This heavily utilized information resource for Virginia businesses provides
personalized assistance by phone, email or live chat. VBIC counselors responds
to questions, problems and inquiries about business formation, access to
851 French Moore Jr. Blvd
financing and state government resources.
Abingdon, VA 24210
Virginia Small Business Financing Authority (VSBFA): 276-676-3768 ph
Virginia’s primary source for economic development financing programs
supports business expansion, formation and recruitment by partnering with 1220 Bank Street
private-sector lenders to provide financing for viable businesses. Richmond, VA 23219
804-371-8200 ph
Virginia Jobs Investment Program (VJIP):
The program offsets the recruitment and training costs for qualifying companies www.vdba.virginia.gov
that are creating new jobs by providing: 1) funding incentives, and 2) www.vastartup.org
customized consulting and organizational management services. VBIC - 1-866-248-8814