Virginia Economic Development Partnership
“Leading companies are attracted to Virginia’s diverse, skilled talent, renowned education system, sophisticated infrastructure, and exceptional quality of life. A world-class customized workforce recruitment and training incentive program, investments in prepared sites, and innovative economic development strategies will strengthen Virginia’s position as a prime business location.”
— Jason El Koubi, President & CEO,
Virginia Economic Development Partnership
TARGETED GROWTH SECTORS
Virginia is focused on core sectors with the highest potential employment growth for the Commonwealth:
Knowledge Work: Aerospace & Defense Innovation, Business Services, Financial Services, Software & Cybersecurity
Manufacturing: Advanced Materials, Biopharmaceuticals, Food & Beverage Manufacturing
Logistics: Transportation & Logistics
TOP PROJECTS
COMPANY | LOCATION | JOBS | |
Wells Fargo | Roanoke | 1,100 | |
Amazon (fulfillment) | Virginia Beach | 1,100 | |
SanMar | Hanover County | 1,000 | |
Amazon (data centers) | Various | 1,000 | |
World Class Distribution | Caroline County | 745 |
FEATURED LOCATIONS
Gloucester, Virginia is strategically located between Virginia Beach and Washington D.C. It is the northernmost county in the Hampton Roads area. The region’s population is over 1.7 million. There are more than 90,000 students attending area colleges and universities. They are a business friendly community that welcomes new industry.
Virginia continues to raise the bar when it comes to talent development. Programs such as the Virginia Talent Accelerator Program and the Tech Talent Investment Program make sure Virginians are prepared for the jobs of today and the future.
FAST FACTS
Population (July 2022 est.): 8,683,619¹
Largest Cities (2020): Virginia Beach (459,373); Chesapeake (249,679); Norfolk (237,591); Richmond (226,670); Newport News (185,916)¹
Real GDP (2022): $513 billion²
¹U.S. Census Bureau
²Bureau of Economic Analysis, U.S. Dept. of Commerce
WORKFORCE DEVELOPMENT
Recently named the No.1 state workforce development program in the nation by Business Facilities, the Virginia Talent Accelerator Program accelerates new facility start-ups through the direct delivery of recruitment and training services customized to a company’s unique products, processes, equipment, standards, and culture and provided at no cost to qualified new and expanding companies as an incentive for job creation.
TOP BUSINESS FACILITIES RANKINGS
#1 Customized Workforce Training | 2023 State Rankings |
#1 Cybersecurity | 2023 State Rankings |
#2 Tech Talent Pipeline | 2023 State Rankings |
#3 Best Business Climate | 2023 State Rankings |
Top 10 Broadband Access | 2023 State Rankings |
#1 Best Business Climate (Mid-Sized): Arlington | 2023 Metro Rankings |
#2 Top Performing Container Ports: Port of Virginia | 2023 Metro Rankings |
Top 10 Corporate Headquarters: Arlington, Alexandria, Richmond | 2023 Metro Rankings |
Top 10 Logistics Leaders: Hampton Roads | 2023 Metro Rankings |
Top 10 Millennial Magnets: Virginia Beach, Richmond | 2023 Metro Rankings |
LATEST NEWS
Across Virginia, New And Expanding Firms Reflect Diverse Opportunities
From distribution to data sciences and from aerospace to manufacturing, a range of businesses have announced investments in the Commonwealth this spring.
CSX Select Site Program Recognizes 14 Sites In Eight States
Through its Select Site program, Jacksonville, FL-based CSX identifies rail-served properties with desirable traits for expanding companies.
Site Selection For Advanced Manufacturing
These modern manufacturers value workers, speed-to-market, and a supportive environment in location decision-making.
Door Manufacturer, Logistics Company Will Create 130 Jobs In Virginia
With total investments of more than $87M, Tucker Door & Trim will create 50 jobs in Henrico County and FreezPak Logistics will create 80 jobs in the City of Suffolk.