The Official Site of The Commonwealth of Virginia

Virginia Economic Development Partnership

The Virginia Economic Development Partnership (VEDP) works with those seeking a prime business location and increased trade opportunities, ultimately fostering increased expansion of the Commonwealth's economy.

Agency Website

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In 1995, the Virginia General Assembly created the Virginia Economic Development Partnership (VEDP) to better serve those seeking a prime business location and increased trade opportunities and, therefore, to foster increased expansion of the Commonwealth’s economy. As a state authority, the Partnership is governed by a 24 member Board Of Directors comprised of businesspersons from around Virginia, each of whom is appointed by the Governor and the General Assembly. Our President & Chief Executive Officer is employed by the Board to oversee the fulfillment of our mission:

“To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities.”

To fulfill this mission, we focus on cultivating new business investment, fostering international trade growth and encouraging the expansion of existing Virginia businesses.


Mailing Address

Virginia Economic Development Partnership
P.O. Box 798
Richmond, VA 23219



(804) 545-5600

Locations & Hours

Main Location

901 East Cary Street
Richmond, VA 23219

Multiple Locations

Find a Location