Virginia Beach Economic Development
Virginia Beach Economic Development is dedicated to fostering a vibrant economy by attracting new businesses, supporting existing enterprises, and nurturing entrepreneurs. With a strategic location, a robust workforce, and an array of incentives, the city has become a hub for industries such as advanced manufacturing, bio life sciences, defense, IT cyber, and maritime logistics.
The organization is committed to enhancing the business environment through programs like Thrive The HIVE and the Virginia Beach C-PACE Program, aimed at supporting small businesses and encouraging innovative financing. With an annual influx of 14 million tourists and a highly qualified labor force, Virginia Beach offers significant opportunities for growth and development in various sectors.
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