Virginia Worker Training Tax Credit

The Virginia Worker Training Tax Credit provides a 35% credit on the cost of providing eligible training to qualified employees, claimable against individual income, fiduciary income, corporation income, bank franchise, and insurance/utility taxes. Training must be from providers on Virginia's Eligible Training Provider list, at a Virginia college or public higher-education institution, or under a Commissioner of Labor-approved apprenticeship agreement. A parallel manufacturing track allows a 35% credit on direct costs of providing manufacturing training to grades 6–12 students, capped at $2,000 per manufacturer per year. The statewide aggregate cap is $1,000,000 per year; if over-subscribed, credits are prorated. Credits are non-refundable with a 3-year carry-forward. This credit replaces the now-repealed Worker Retraining Tax Credit.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.