BIG NEWS: Virginia is America’s Top State for Business in CNBC’s rankings! 🎉 Major investments in education, site development, and infrastructure propelled Virginia to the top spot. Read about this epic achievement: https://hubs.ly/Q02G9FD80
Virginia Economic Development Partnership
Government Administration
Richmond, Virginia 20,519 followers
VEDP serves expanding & new businesses through assistance for site selection, workforce solutions & int’l trade services
About us
The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve existing and new companies, to expand, locate, or increase trade opportunities, by providing confidential site selection, workforce solutions, and international trade services. Site Selection and Business Development: The team at VEDP understands the complicated demands of the site selection process and offer years of experience to help make your site selection project for new and expanding businesses run smoothly. The Partnership consists of several divisions whose combined expertise confidentially provides the resources you need to make the most informed location decision with the least amount of your time and effort. VEDP's Division of International Trade and Investment: The division works with existing Virginia companies interested in pursuing, or increasing, foreign sales opportunities, and international companies seeking a prime business location to expand or relocate their operations.
- Website
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http://www.vedp.org
External link for Virginia Economic Development Partnership
- Industry
- Government Administration
- Company size
- 51-200 employees
- Headquarters
- Richmond, Virginia
- Type
- Government Agency
- Founded
- 1995
- Specialties
- Economic Development, Site Selection, Business Development, Corporate Relocation, Corporate Expansion, Business Relocation, Business Expansion, International Trade, and Export Services
Locations
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Primary
901 E Cary St
Richmond, Virginia 23219, US
Employees at Virginia Economic Development Partnership
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Jason El Koubi
CEO at Virginia Economic Development Partnership | leader of state economic development strategy and operations
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Troy Durrer
Lead Developer at Virginia Economic Development Partnership
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Keith Oing
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Ryan Losi, CPA
Shareholder, Director, President, Treasurer, & Executive Vice President for multiple companies
Updates
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ICYMI: LS GreenLink, a submarine cable manufacturer, plans to establish production operations in Chesapeake. The $681 million project is expected to create 330 jobs. The new 750,000-square-foot high-voltage direct current submarine cable manufacturing facility, located at the Deep Water Terminal Site, will serve the global offshore wind industry. https://hubs.ly/Q02G-yfQ0
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This issue of Virginia Economic Review explores the state of the supply chain in an increasingly global, post-pandemic world. Discover insights into how supply chain considerations drive site selection, including a targeted look at manufacturing issues. Read the full issue here: https://hubs.ly/Q02GNrm30
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For the first time since CNBC's Top States for Business rankings began in 2007, infrastructure was the most heavily weighted category, including the availability of shovel-ready sites. The Virginia Business Ready Sites Program is the major investment in site development that propelled Virginia to the No. 1 spot in America’s Top State for Business award for 2024. Read more about the methodology: https://hubs.ly/Q02GkkqB0
America's Top States for Business 2024: The full rankings
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Virginia Economic Development Partnership reposted this
With the nation’s best education system and policies that give companies room — both literally and figuratively — to grow, Virginia is America’s Top State for Business in 2024. This is the Old Dominion’s sixth time at the top of CNBC’s rankings, and its third win in five years — a record unmatched by any other state since the study began in 2007. In a rare feat this year, Virginia finishes in the top half or better in each of the study’s 10 categories. Learn more about why Virginia is America's Top State for Business: cnb.cx/4cXlOoM
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Virginia has been recognized as America’s Top State for Business by CNBC six times — the most decorated state since the study began in 2007. Discover why Virginia is America's Top State for Business: https://hubs.ly/Q02GkltL0
Virginia is America’s Top State for Business in 2024, with the nation’s best schools and solid infrastructure
cnbc.com
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Virginia Panel Corporation (VPC), a manufacturer of interconnect solutions products, is investing $11 million to relocate and expand its current machine shop and implement an enterprise manufacturing system using digital technology in the City of Waynesboro. The company will retrain its current 160 employees through the Virginia Jobs Investment Program to utilize the new system and machine shop equipment. https://hubs.ly/Q02G5VPF0
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Speed to market is a crucial factor in site selection decisions for economic development projects, and Virginia is making strategic investments to create a robust portfolio of project-ready sites. The Virginia Business Ready Sites Program (VBRSP) enhances the Commonwealth’s infrastructure with more competitive project-ready sites, attracting new business and accelerating economic growth. This investment, coupled with a strong talent pipeline, ensures that a company can start building right away, be open for business within 18 months, and grow in Virginia for years to come. Learn more about the program: https://hubs.ly/Q02FGKT80
Virginia Business Ready Sites Program (VBRSP)
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LS GreenLink USA, Inc. will invest over $680 million to build a high-voltage direct current submarine cable manufacturing facility to serve the global offshore wind industry in the City of Chesapeake. The new facility will create over 330 full-time jobs. https://hubs.ly/Q02FV6y80
Submarine Cable Manufacturer to Locate in Virginia
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Virginia 🤝 Advanced Infrastructure. Virginia's strategic Mid-Atlantic location and advantageous infrastructure makes it a pivotal hub for companies seeking a strategic business location. Supported by the Port of Virginia, soon to be home to the deepest, widest channels on the East Coast, and complemented by Dulles International Airport, Virginia offers outstanding connectivity. The Commonwealth's six major interstates and two Class 1 railroads, CSX and Norfolk Southern, further improve accessibility. Find your advantage in Virginia: https://hubs.ly/Q02FHq-y0
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