Explore Virginia Beach Through Interactive Charts & Figures

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Learn More About Our City and Dynamic Business Environment

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Discover the City’s New Initiative to Support Entrepreneurs

Now Accepting Applications for Thrive @ The HIVE
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An Innovative Financing Program

Invest in Better Buildings with C-PACE
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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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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.

Be Strategic About Your Business Decisions

The HIVE

International Business

New Business

Existing Business

Quick Stats

858523+ People in the Labor Force

13000+ College Graduates Annually

14000+ Exiting Military Personnel

11500000+ Tourists Visit VB Annually

Sources: Virginia Employment Commission (2023), 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...

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.

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!

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.

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, a 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 an 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)

Latest News

16 Jan