Virginia Beach Economic Development on LinkedIn: #business #tech #droneup #virginiabeach #smallbusiness (2024)

Dorman Products/POWERTRAIN INDUSTRIES INC, a motor vehicle manufacturer operating in Virginia Beach since 2012, celebrated their grand opening today! Awarded an economic development grant in 2023 to expand, Dorman/PowerTrain Industries moves into their new 100,000 sq ft facility at the aptly named 464 Progress Lane. A formal ribbon cutting ceremony, site tour, awards for key partners, and an address from Mayor Bobby Dyer, marked this momentous occasion. Virginia Beach is proud to support them as an economic contributor to our expanding advanced manufacturing sector.#DormanProducts #Automotive #AdvancedManufacturing #EconomicDevelopment

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Virginia Beach takes center stage as host of this year's Area Development Spring Consultants Forum, a premier event connecting over 180 site selection professionals, corporate real estate advisors and economic development leaders. Virginia Beach is fortunate to serve as the backdrop for this prestigious gathering, showcasing its strengths and demonstrating why Virginia Beach is a great location to do business.In partnership with Hampton Roads Alliance, The Port of Virginia, and Virginia Economic Development Partnership.

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Virginia Beach Economic Development/BIO Accelerator proudly represented Virginia at BIO International 2024 in San Diego! The world's largest biotech event convened over 18,500 industry leaders for a week of groundbreaking collaboration and innovation focused on the latest advancements in biotechnology.The Virginia contingent, featuring various BIO organizations and economic development offices from across the Commonwealth, showcased Virginia's thriving industry ecosystem promoting all things biotech.Special thanks to John Newby and Frank Wilton with Virginia Bio and Grace Festa, CEcD with Virginia Economic Development Partnership for coordinating the Commonwealth's impressive presence.#BIO2024 #biointernational #lifesciences #bioresearch #VirginiaAtBIO2024

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The Virginia Offshore Wind Supplier Development Grant (VOWSD) by Virginia Economic Development Partnership is still open!This is a great opportunity for existing Virginia companies that are entering the offshore wind supply chain. The grant is available to manufacturers or adjacent businesses that have been operating in Virginia for at least a year and have less than 250 employees. Grant monies expire on June 30, 2024, so apply ASAP!For more information and to view the application, visit: https://lnkd.in/epE5gF3dHave questions? Reach out to our team at 757-385-6464!

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The City held the 2024 VaDDRx Symposium this week in Town Center, jointly organized by the Virginia Drug Discovery Consortium and Virginia Bio. There was scientific discussion centered around drug discovery and development for cancer, infectious diseases, and other related areas.The symposium included 7 keynote lectures, 6 invited talks, 40 poster presentations, and conversation from poster abstracts and vendor displays.Economic Development Director Charles Rigney welcomed guests at dinner Thursday evening and thanked them for their commitment to enhance the quality of life for patients and pursuing life-saving advances in healthcare.#VaDDRx2024 #VirginiaBIO

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The City of Virginia Beach offers a variety of incentives to qualifying new or expanding businesses to help defray costs for building or energy-efficiencies improvements. Also, businesses can capitalize on a number of various incentives offered by the Commonwealth of Virginia and the Virginia Port Authority.Tax Advantage Highlights✅ No inventory tax for manufacturers✅ No tax on business equipment for manufacturers✅ No tax on machinery and tools equipment✅ Flat $50 business license fee for the first two years of operations in the City of Virginia Beach if you meet the code qualifications and have gross receipts of over $200,000Source: City of Virginia Beach Commissioner of the Revenue (2023)Learn more about our city incentives: https://lnkd.in/eDw-mqaj#VirginiaBeach #economicdevelopment #thriveattheHIVE #businessresource #smallbusiness #growyourbusiness #SWaM #businessstrategy

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Where you want to be: Virginia Beach was named the third Best Big City to Live in by Money magazine, 2018 and one of the Best Places to Live in the U.S. in 2022 by CBS News!Virginia Beach residents benefit from a vast selection of housing opportunities to suit any lifestyle, including urban, resort, waterfront, rural, agricultural, single-family, apartments, and condominiums.#VirginiaBeach #economicdevelopment #thriveattheHIVE #businessresource #smallbusiness #growyourbusiness #SWaM #businessstrategy

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See what opportunities are available through the HIVE this week! The HIVE offers individualized consulting, training programs, seminars, procurement assistance, capital formation, mentorship, networking, and a variety of fundamental resources to startups and established small businesses within a cooperative network of government agencies, educational institutions, private sector and community organizations. Join our newsletter: https://lnkd.in/eThMQA8M#VirginiaBeach #economicdevelopment #thriveattheHIVE #businessresource #smallbusiness #growyourbusiness #SWaM #businessstrategy

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The City of Virginia Beach is thrilled to welcomeFiberLight, LLC,a leading fiber infrastructure provider,to our community!FiberLight has partnered withGlobalinx Data Centers,a longstanding and substantial collaborator in building Virginia Beach's digital infrastructure.This expansion into Globalinx will significantly enhance the city's digital footprint,offering unparalleled high-speed connectivity and global network access.This partnership is a major step forward in establishing Virginia Beach as a digital port and premier hub for innovation and technology.Read the official press realease for more about FiberLight's expansion and the benefits to Virginia Beach:https://lnkd.in/eNTgRbwg

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Empower your business decisions with insider knowledge! Join our newsletter for Virginia Beach Economic Development news, investment opportunities, and business growth strategies delivered directly to your inbox.Sign up here 🌊 https://lnkd.in/eThMQA8M#VirginiaBeach #economicdevelopment #thriveattheHIVE #businessresource #smallbusiness #growyourbusiness #SWaM #businessstrategy

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