• Grow Business in Virginia Beach!
    Federal Business Accelerator
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  • Recent Announcement
    $49M Expansion at STIHL Headquarters in Virginia Beach
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  • Recent Announcement
    $7M Expansion for Virginia Beach-based DroneUp
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  • Recent Announcement
    $3.2M Expansion at Sanjo's North American Headquarters
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  • Recent Announcement
    $1.3M Expansion for Award-Winning Distillery Tarnished Truth
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Tableau Data Hub

Check out this self-guided data research tool!

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Where Your Business Needs to Be

We help create a vibrant economy by attracting new companies, helping existing companies grow and assisting entrepreneurs with their nascent ideas.

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Existing Business

Quick Stats

823033+
15000+
14000+
11500000+

Sources: Virginia Employment Commission (2022), Hampton Roads Alliance, City of Virginia Beach

Tableau Data Hub

Our Industries

Advanced Manufacturing

Virginia Beach is one of America's "Manufacturing Boomtowns".

Bio & Life Sciences

Learn all about why Virginia Beach is best for your Bio business.

Defense

Seven of the world’s top-10 defense-related firms have a major presence in Virginia Beach.

IT/Cyber

Virginia Beach has proven to be a strategic location for the information and communication technology.

Maritime & Logistics

Surrounding the world’s largest natural, deep-water harbor, the Virginia Beach MSA is a maritime and logistics hub.

Offshore Wind

Our region has significant potential for the development of offshore wind resources off its coast.

Office/Retail

The Virginia Beach area is home to hundreds of corporations and national and international retailers.

The HIVE

Small businesses are a key component to creating a vibrant, successful, and global community.​​

and more...

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Connect with Us

Quick Facts

  • 38 miles of beaches and world-renowned attractions
  • No Machinery & Tools Tax
  • Average commute time: 24.8 minutes
  • The Port of Virginia: 50-foot channels; $700 million spent in expansion, 46% increased cargo capacity (Source: The Port of Virginia)
  • Landing site of the world’s fastest subsea cables with connections to South America and Europe
  • Offshore wind-ready workforce

Boards and Committees

Tell Me Somethin’ Good!

Please take some time to watch these informative, uplifting messages. We look forward to your success in a post-pandemic world!

Upcoming Free Workshops

All of our workshops are free to attend. Our goal is to make the workshop series accessible to anyone who may be interested in learning, collaborating with community members, and/or growing their entrepreneurial skills.​ Here is what's new this week.

Request for Proposals

Learn about our economic development open request of interests, proposals or bids.

Strategic Location

Virginia Beach is:

  • Forward-thinking and focused on business growth
  • Home to the three fastest subsea cables: MAREA, BRUSA, and Dunant
  • Your gateway to U.S. markets
  • Near bigger, faster, and better marine terminals
  • Served by I-64, major interstate, connecting the East Coast to the Mississippi River corridor
  • Within 750 miles (1,200 km) of two-thirds of the U.S. manufacturing base and consumer populations
  • One hour from I-95 and hour and a half to I-85, major north/south interstate highway corridors serving the East Coast
  • Region's universities offer various options for training
  • A hub for conventions and festivals
  • Maintaining its AAA Bond rating for 12 consecutive years from all three bond rating agencies (Standard & Poor’s, Moody’s Investor Service
    and Fitch Ratings)
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Latest News

03 Feb

Cancelled: Special Called VBDA Meeting

Per the request of the Chair of the Virginia Beach Development Authority, the Special Called VBDA Meeting scheduled for Tuesday, February 7, 2023, at 8:30 am has been cancelled. Special Called VB…

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