Helping Global Businesses Find Success
From site selection and staffing to connecting you with knowledgeable legal and banking institutions, the Virginia Beach Economic Development is here to support your business development every step of the way.
How VBED Serves Businesses
The department can be your primary point of contact to connect you with subject matter experts on major legal, economic, financial and cost of leaving questions being considered by foreign companies when establishing business operations and their families, here in the United States.
Virginia Beach staff can offer a range of connections to business support firms and resources, providing tailored guidance for global companies and startups alike. Additionally, as you consider different locations for starting or expanding your business, the team can assist with cost of doing business analysis across areas.
With expert knowledge of the City and its real estate market, staff are available to help identify the best parcel of land, industrial facility, or office for your company. Once a site is identified, companies receive hands-on support from staff and benefit from streamlined permitting and plan review assistance.
Virginia Beach supports workforce development through training partnerships with local educational institutions and our regional workforce council. Staff can also connect you to a options for staffing agencies.
We understand it’s not just your company that may be relocating; it’s your employees. Our team can connect you to resources to help with housing, child care, schools, and spousal employment opportunities, to make the move easier. Virginia Beach is a great place to call home, learn more about the benefits of being a resident:
Quality of LiveCash Grants 
Virginia Beach’s Economic Development Investment Program (EDIP)  offers cash grants to eligible companies based on job creation, wages, and capital investment. The City enhances its appeal with no inventory tax for manufacturers and no tax on business equipment or machinery and tools.
Incubators 
The City promotes international expansion through a soft landing incubator and partners with the Virginia Economic Development Partnership for seamless project support. 
Virginia Beach International Incubator
The International Incubator is designed for international companies seeking low-risk expansion into the U.S. market, offering essential low-cost office space before establishing a permanent presence in the city. Strategically located in the Town Center of Virginia Beach and adjacent to the Economic Development office, the Incubator provides an ideal environment for growing businesses.
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Check out how we can support or contact our team to get started.