Boutique Digital Cinema Agency Receives Investment Grant to Expand
Boutique Digital Cinema Agency Receives Investment Grant to Expand
December 20, 2018
Virginia Beach, Va. (Dec. 20, 2018) — Storytelling in the digital realm is the specialty of local cinematography firm Ironclad. The Virginia Beach Development Authority awarded an Economic Development Investment Program (EDIP) Grant of $19,500 to the boutique agency to help it grow by supporting job creation and capital investment. The company is moving from its current location at 207 B 25th St. to a new space located at 1028 Bells Rd. where it will occupy 4,500 sq. ft. of warehouse space. Construction is expected to be completed by April 2019.
Ironclad opened its doors in 2010 and since then, has steadily built a business that counts some major brands as clients. Among them: Under Armour, Reebok, Navy SEAL Foundation and Lowe's.
"From day one, Ironclad has been focused on creating a global presence," said Ironclad Founder and Owner Jeremy Carey. "As that vision has come to fruition, we have been fortunate enough to travel the planet in pursuit of our dreams. To this day, the greatest feeling is arriving home to the city that we love, Virginia Beach. We will always be a global company, but Virginia Beach will forever be our home, and to have its support is something we don't take for granted."
Ironclad received the EDIP award based on a total expected capital investment of $1,094,000 and adding three full-time jobs with an average salary of $66,700.
"Jeremy and his team travel the world telling stories, and their business cards say Virginia Beach. That's a proud reflection of our city," said Raymond White, Business Development Manager. "Clearly, Ironclad has established itself as go-to storytellers for a wide range of clients, from those with a worldwide footprint to those whose impact is more localized. Investing in its continued growth and development here is at the heart of the grants program."
For more information about the Virginia Beach Economic Development Department, visit www.yesvirginiabeach.com.
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