DOING BUSINESS IN WASHINGTON, DC
Washington DC Economic Partnership
202-661-8670
apolk@wdcep.com
wdcep.com
“Armed with a new incentive fund, Washington, DC is riding a wave of new, high profile headquarter expansions from the Atlantic-10 Conference, Boston Consulting Group, PwC, National 4-H Council, and more. Universities are following suit, including John Hopkins, USC and Texas A&M.”
— Derek Ford, President & CEO,
Washington DC Economic Partnership
TOP PROJECTS
COMPANY | JOBS |
Boston Consulting Group | 500 |
Virtru | 190 |
International Baccalaureate Organization | 130 |
Cravath, Swain, & Moore | 100 |
Superna | 80 |
TARGETED GROWTH SECTORS
IT and Tech Services: Washington, DC is a globally recognized tech hub that was recognized as a CBRE Top 5 North American City for tech talent, active venture capital community, and access to the world’s most prominent decision-makers shaping the regulatory landscape for new technologies.
Management Consulting & Think Tanks: Washington, DC, is home to the world’s leading consultancies and think tanks, with a workforce six times the national average of knowledge workers and direct access to policymakers.
Research & Development: The Washington, DC, metro area is a national force in research and development, driving impactful innovation and developing cutting-edge research across the life sciences, engineering, and data science sectors.
FAST FACTS
Population (July 2022 est.): 671,803¹
Real GDP (2022): 129,268²
¹ U.S. Census Bureau
² Bureau of Economic Analysis, U.S. Dept. of Commerce
PERFORMANCE-BASED INCENTIVE PROGRAM
Vitality Fund: A multi-year, performance-based incentive program designed to support companies in target industries actively planning to relocate, expand, or retain their physical location in Washington, DC, and to encourage the creation of new jobs.
TOP BUSINESS FACILITIES RANKINGS
Top 10 AI Growth Hubs | 2024 State Rankings |
#3 Life Sciences Growth | 2024 Metro Rankings |
#3 Tech Talent Leaders (over 125k) | 2024 Metro Rankings |
Top 5 Fintech Leaders | 2024 Metro Rankings |
Top 5 Sustainable Cities | 2024 Metro Rankings |
Top 10 AI Growth Hubs | 2024 Metro Rankings |
Top 5 Financial Centers (North America) | 2024 Global Rankings |