Virginia Beach Develops Economic Gardening Initiative

dinsdag, 12 februari 2013 14:58 by Info@YesVirginia.org
The Virginia Beach Economic Development Authority and Hampton Roads Partnership have joined together to launch the Virginia Beach Economic Gardening Initiative...

The Virginia Beach Economic Development Authority and Hampton Roads Partnership have joined together to launch the Virginia Beach Economic Gardening Initiative.

The economic gardening program will allow local entrepreneurs access to resources and information typically only available to larger, more established companies. 

Specifically, the Virginia Beach initiative will provide high-tech research tools so participating companies can analyze their strategy and market dynamics. The program includes access to advice from seasoned entrepreneurs through a partnership with the Service Corps of Retired Executives.

In addition, companies will receive 35 hours of support from a national team with expertise in marketing, data analysis, geographic information systems, and social media. The program is available to 10 companies each year, and the first three companies selected include Morphix Technologies Inc., Virginia Toy & Novelty Co., and Klett Consulting Group Inc.

Economic gardening is a growing trend in economic development circles. Holding to the theory that entrepreneurs drive local economies, adherents support these smaller business owners by providing resources in the community to help businesses grow. This grass-roots approach, popularized by MIT researcher David Birch, is a complement to the more traditional economic development model of recruitment and retention.

The Virginia Beach Economic Gardening Initiative is an example of the innovative, pro-business environment that exists across the Commonwealth of Virginia. To learn more about the resources Virginia offers to help businesses succeed, click here.

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About VEDP

Virginia Economic Development Partnership is the Best State for Business

The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve those seeking a prime business location and increased trade opportunities, provides confidential site selection and international trade services. VEDP's mission: To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities.

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YesVirginia Business Blog | Virginia Wins Another Defense Company's Corporate Headquarters

Virginia Wins Another Defense Company's Corporate Headquarters

Tuesday, 1 May 2012 15:02 by Info@YesVirginia.org
Yesterday, DRS Technologies announced it would relocate its corporate headquarters from New Jersey to Arlington County, Va. The company will expand its Virginia presence to more than 100 employees, bringing a capital investment in excess of $10 million to the region...

Yesterday, DRS Technologies announced it would relocate its corporate headquarters from New Jersey to Arlington County, Va. The company will expand its Virginia presence to more than 100 employees, bringing a capital investment in excess of $10 million to the region.

The defense technology leader is a subsidiary of Italian conglomerate Finmeccanica S.p.A., a top ten global defense and aerospace leader. DRS Technologies develops a wide range of mission-critical systems for homeland security and military needs.

The Governor met with company officials at the Farnborough International Air Show in summer 2010.

Virginia was chosen for the company’s new headquarters location due to its proximity to key customers in the D.C. area, as well as the company’s positive experience with Virginia’s pro-business regulatory environment and tech-savvy workforce. Virginia has the highest concentration of high-tech workers according to Cyberstates 2011.

To learn why major defense companies such as DRS Technologies, Northrop Grumman, ITT Exelis and ATK have all recently selected the Commonwealth for their headquarters location, click here.

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About VEDP

Virginia Economic Development Partnership is the Best State for Business

The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve those seeking a prime business location and increased trade opportunities, provides confidential site selection and international trade services. VEDP's mission: To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities.

Archive

© Copyright 2014

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP

© 2014 All rights reserved.