Take your business further, faster with our valuable resources for existing businesses.
Existing BusinessThe 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.
DORMAN's TeamDORMAN
Virginia Beach became an easy choice when we decided to relocate to a larger facility. It offers a rich pool of skilled workers and proximity to the port and major highways, allowing us to serve our customers effectively and meet their delivery expectations.
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.
Marathon's TeamMarathon Consulting
Virginia Beach offers the infrastructure, business environment, and quality of life that make it easier to attract and keep great people. The diverse mix of industries and organizations creates a healthy, collaborative business ecosystem. For us, it’s not just a great place to operate; it’s a community we’re proud to invest in and grow alongside.
Among Top Cities for Small BusinessEconomic Development Department
The city’s strong commitment to entrepreneurship, innovation, and a robust business ecosystem has been recognized in 2026 by the Diverse Chamber of Commerce and Industry, which named it the Third Top City for Small Business in the nation.
among the highest percentage of millennials in the US
median age of the workforce: 37 years
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.
Virginia Beach offers strategic access to the Port of Virginia, East Coast highway networks, and global subsea fiber connectivity.
Explore logistics and infrastructure advantages.Find information about active and completed projects, as well as current and past solicitations.
Explore projectsVirginia 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.
More than just a great place to do business, Virginia Beach is one of the best places in the country to call home.
Living HereThe City of Virginia Beach offers a variety of performance-based incentives to qualifying new or expanding businesses. Learn about these incentives — what’s eligible, what’s not, and how to apply.
Incentives
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:
Home to seven of the world’s top 10 defense-related firms, Virginia Beach delivers strategic military access and mission-ready talent.
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One of America’s “Manufacturing Boomtowns,” pro-growth Virginia Beach offers no tax on machinery and tools.
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With three of the world’s fastest subsea cables and tech-ready infrastructure, you’ll find true global connectivity here.
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Global corporations choose Virginia Beach for its prime real estate, skilled workforce and unmatched livability.
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With miles of coastline, the city is a natural launchpad for the next generation of clean power and sustainable energy solutions.
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Entrepreneurs and start-ups are big players in our vibrant economy, and The HIVE provides space to grow, connect, and thrive.
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Tourism is an important contributor to the Virginia Beach local economy and a multimillion-dollar industry that supports thousands of jobs.
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The city is located near the world’s largest deep-water harbor, The Port of Virginia, offering seamless global access.
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The City of Virginia Beach has been recognized as the Third Top City for Small Business this year by the
The City of Virginia Beach Development Authority (VBDA) is pleased to announce the return of the Façade Improvement Grant (FIG) program and the launch of the Atlantic Avenue Grant (AAG)…
The City of Virginia Beach Development Authority (VBDA) has approved a new tenant for the Virginia Beach International Incubator — Optii Corporation, an innovative photonics technology…
