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Amazon Web Services To Invest $35B In Virginia

AWS will establish multiple data centers and create at least 1,000 new jobs across Virginia. Plus, the commonwealth earmarks $90M to develop 21 industrial sites.

“The leading priority of the Virginia Business Ready Sites Program is to increase our project-ready sites portfolio across the Commonwealth, and this unprecedented site development funding is an important step forward in strengthening Virginia’s infrastructure,” said Gov. Youngkin. “Prepared sites drive economic growth, and we have to move faster to attract new businesses. We are hitting the accelerator to build a best-in-class business environment so the commonwealth can compete to win, and I have included the necessary additional funding for the VBRSP in my proposed budget.”

The program has two components:

  1. Site characterization to assess and designate a site’s current level of development; and
  2. Site development to further develop a pool of potential sites across the Commonwealth.

Localities can apply for grants to assist with the costs associated with the initial assessment and the development required to increase a site’s current designation level.

Virginia Reaches Out To The WorldVirginia

Gov. Youngkin is taking action toward energy stability, business growth, and workforce development. Read more…

“Speed to market is an increasingly crucial factor in site selection decisions for economic development projects, and we are making strategic infrastructure investments to ensure a robust portfolio of sites,” said Secretary of Commerce and Trade Caren Merrick. “These Virginia Business Ready Sites Program grant awards will enhance 21 sites around the commonwealth, helping to ensure that site demands across a wide spectrum of project parameters can be met and that all regions participate in Virginia’s economic growth.”

“It is critical for Virginia to create a diverse portfolio of sites that are attractive to different industry sectors and meet varying location and infrastructure needs, and these grants are a major step in the right direction to help the Commonwealth catch up on site development,” said Jason El Koubi, VEDP President and CEO. “Additional funding for the Virginia Business Ready Sites Program will allow VEDP to expand the program and invest in more sites, enhancing the commonwealth’s infrastructure and accelerating economic development in Virginia.”

Considering Virginia for your company’s relocation or expansion project? Check out all the latest news related to Virginia economic development, corporate relocation, corporate expansion and site selection.

Capital Investment, Daily News, Data Centers, Economic Development, Featured, Incentives, Taxes & Financing, Industries, Industry Clusters/Hubs, Infrastructure & Logistics, Site Selection Factors, USA - Southeast, Virginia

Amazon Web Services, AWS, Certified Sites, data center campuses, data centers, Governor Glenn Youngkin, Industrial Sites, Mega Data Center Incentive Program, MEI Commission, Virginia, Virginia Business Ready Sites Program, Virginia Economic Development Partnership

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With a diverse economy built on industry-leading companies, thriving small businesses, high innovation rates, world-class infrastructure and a skilled, educated, and engaged workforce, there’s room for everyone to thrive.

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Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

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Doing Business in Minnesota, a Microbiologics Perspective

Minnesota is a place where the stars align — geography, culture and institutions – to create an unmatched economic landscape. See why Microbiologics CEO Kristen Knox says there’s no place in the world she’d rather do business than in Minnesota.

Minnesota is home to the #1 health care cluster in the world according to Medical Alley. In this short video we take a look at why.

Doing Business in Minnesota, a Microbiologics Perspective

Minnesota is a place where the stars align — geography, culture and institutions – to create an unmatched economic landscape. See why Microbiologics CEO Kristen Knox says there’s no place in the world she’d rather do business than in Minnesota.

Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

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