Virginia Beach is home to a highly diverse collection of businesses—and with our optimal coastal infrastructure, specialized financial incentives, and unique talent pool, the city offers an undeniably strategic location for several industries in particular.

Industries Highlights

  • The multibillion-dollar offshore wind industry is gaining momentum as seven new projects will be installed on the East Coast by 2026 and two off the coast of Virginia Beach.
  • Virginia Beach is a tier-one digital port city; the world's fastest and most resilient subsea cables are located here.
  • Tourism is an important contributor to the Virginia Beach local economy and a multimillion-dollar industry. The indirect and induced economic impact in 2023 resulted in a total of $3.8 billion. (2024 data)

Strategic Industry Hubs

Jet breaking the sound barrier.

Defense

Home to the nation’s largest active-duty military, delivering mission-ready talent.

Woman typing on a laptop.

Technology

With three of the world’s fastest subsea cables you’ll find true global connectivity.

Wind Turbines

Renewable Energy

Virginia Beach is a natural launchpad for the next generation of clean power.

Tourism

Tourism

Tourism here is an important contributor and a multimillion-dollar industry.

Small Business & Entrepreneurs

Dreamers welcome

Virginia Beach believes in big ideas. At The HIVE, entrepreneurs find space, tools, and expert support to bring their boldest innovations to life. Whether you're building a business, exploring a new idea, or looking to connect with like-minded entrepreneurs, there’s a seat at the table for you.

Learn about this HIVE

A conversation that counts.

Industry Roundtables/Events