Posted on May 9, 2022
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Incentives Analyst

Richmond, VA


The Virginia Economic Development Partnership (VEDP) is seeking an Incentives Analyst in its Incentives Division to provide support for the calculation of the state and local ROIs for projects in consideration for VEDP-administered incentives and preparing financial proposals.



  • Support project managers with identifying the appropriate materials needed for specific project responses
  • Ensure documentation with a proposed incentive package has been prepared and submitted for review
  • Calculate the State’s return-on-incentive (ROI) to forecast state revenue and ensure there will be a positive ROI based on proposed incentive package
  • Develop fiscal impact (ROI) models to assess costs/benefits of individual incentive projects
  • Draft and review financial offers, term sheets and other deliverables
  • Conduct and support fiscal analysis at the project, program, VEDP, geographic, or other levels



  • Demonstrated ability to plan, develop, and implement projects; conduct strategic analyses, negotiate, and resolve problems; and formulate and communicate recommendations
  • Demonstrated ability to effectively communicate with state, regional, and local partners, private-sector partners, and stakeholders
  • General knowledge of economic development processes and local and state government principles and practices
  • High degree of responsiveness and attention to detail
  • Strong working knowledge of Microsoft Office, especially Excel and PowerPoint
  • Familiarity with CRM software, preferably Salesforce, and InDesign
  • Familiarity with financial modeling and ROI analysis
  • Exceptional English grammar, punctuation, and proofreading skills



  • Bachelor’s degree in data analytics, mathematics, social science (economics, public policy, or political science), business, or a related field
  • Experience in quantitative analysis and apply quantitative skills to solving problems
  • Experience working with state-level incentive programs (or their equivalent at other levels of government)


Being authorized to work in the U.S. is a precondition of employment. VEDP uses the E-Verify system and does not provide sponsorship. A valid Virginia driver’s license is required. All candidates must apply through our website Salary minimum: $55,000. Review of applications will begin on May 24, 2022 and continue until the position is filled.



VEDP is an Equal Opportunity Employer. All applicants are considered for employment without regard to race, sex, color, national origin, religion, sexual orientation, gender identity or expression, age, veteran status, political affiliation, genetics, or against otherwise qualified individuals with disabilities. It is VEDP’s intent that its employment and personnel policies and practices conform to all applicable federal, state, and local laws and regulations regarding non-discrimination and affirmative action.  Applicants requiring more information or requiring assistance may contact VEDP Human Resources at 1-804-545-5634 or TDD 1-800-828-1120.