Recent Announcements

Growth matters: Read our latest announcements or newsletters.

New Business & Investments

Groundwork for Tomorrow

Virginia Beach isn’t just planning for the future. We’re building it.

Strategic Infrastructure Projects

Workforce Housing Grant

Now accepting applications

Apply here

Entering the U.S. Market

Find answers to your questions or contact our team to get started.

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Download Community Profile

Learn about City's dynamic business environment.

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New Business

Start strong in a city built for new business.

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International Business

Your expansion into the United States starts here.

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Existing Business

Take your business further, faster with our valuable resources for existing businesses.

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Start, Relocate, or Expand Your Business in Virginia Beach

The Virginia Beach Department of Economic Development helps businesses start strong, grow smart and go global. Whether you’re making a local move or a global leap, the department is your partner for what’s next.

Business makes waves in Virginia Beach, where you can make your mark and make it home.

Bring It to the Beach

Terry HoranCEO, STIHL

For nearly 50 years, the City of Virginia Beach has created an ideal environment for STIHL to continue to grow our business and offer meaningful careers to over 2,500 current employees in Hampton Roads.

Margaret ShaiaCEO, Acoustical Sheetmetal Company

ASC is proud to announce our continued expansion in partnership with the Commonwealth of Virginia and the City of Virginia Beach, who have supported our significant business expansion since 2019.

The HIVE

A hub for entrepreneurs and innovation.

Virginia Beach believes in big ideas. At The HIVE, entrepreneurs and startups find space, tools, and expert support to bring their boldest innovations to life

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The Engine Behind Regional Growth

1.8

Regional population (million)

among the highest percentage of millennials in the US

850,000+

Labor force (regional)

median age of the workforce: 37 years

Your Gateway to Everywhere

Centrally located on the U.S. East Coast, Virginia Beach gives your business unbeatable access to major U.S. markets and powerful global reach through one of the most advanced ports in North America.

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Strategic Location

Virginia Beach offers strategic access to the Port of Virginia, East Coast highway networks, and global subsea fiber connectivity.

Explore logistics and infrastructure advantages.

Infrastructure and Development

Find information about active and completed projects, as well as current and past solicitations.

Explore projects

Workforce

Virginia Beach offers a business-friendly atmosphere, access to top talent , refreshing affordability , and a view that beats traffic any day. Discover how Virginia Beach connects businesses to top talent - through strategic workforce development partnerships.

Workforce Development Partnerships

Quality of Life

More than just a great place to do business, Virginia Beach is one of the best places in the country to call home.

Living Here

Key Industries & Initiatives

Economic Development helps create a vibrant economy by attracting new companies, helping existing companies grow, and empowering entrepreneurs to flourish with their innovative visions. Business attraction and existing industry programs and resources are focused on several key business clusters: