Business Retention + Expansion

ABOUT THE ALLIANCE

FEATURED INDUSTRY

Aerospace and Aviation

LATEST TWEETS

Hampton Roads Alliance

Amazon has announced plans to build a 650,000-square-foot fulfillment center and a 219,000-square-foot delivery station in Virginia Beach Beach, which are collectively expected to produce more than 1,000 jobs.

Doug Smith, Hampton Roads Alliance President and CEO, says the Virginia Beach Amazon jobs help “cement the region’s dominance in fulfillment and technological innovation within the distribution space.”

Suffolk is already home to Virginia’s second largest building, which belongs to Amazon — a 3.8 million-square-foot robotics fulfillment center.

In the past year, Amazon.com continued its march across the commonwealth, announcing plans to build a 650,000-square-foot fulfillment center and a 219,000-square-foot delivery station in Virginia Beach, which are collectively…

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Hampton Roads Alliance2 days ago

“This is now getting very real.”
Stephen Edwards, Virginia Port Authority CEO and executive director, has remarked about the Coastal Virginia Offshore Wind Project.

Six monopiles, enormous metal structures used as wind turbine bases, are ready to be loaded onto a boat and travel to the wind farm site for installation!

The first batch of the enormous monopiles used as wind turbine bases are set to be transported to the Dominion Energy wind farm near Virginia Beach, according to Virginia Port Authority officials.

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Hampton Roads Alliance1 week ago

The Alliance will be representing Hampton Roads at AUVSI Xponential 2024, the unmanned systems industry's largest global conference and exhibition! The Virginia Innovation Partnership Corporation is organizing the Virginia Pavilion - VEDP, Fairfax County Economic Development Authority, the Loudoun County Economic Development Authority, the New River Valley Economic Development Alliance, and the Virginia Coalfield Economic Development Authority will also be there to market our state to members of the unmanned systems industry as the ideal place to locate their manufacturing and business operations.
https://ow.ly/ak0p50RlPas

The Virginia Pavilion will feature cutting-edge innovations at global conference in San Diego.

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Supporting Growth from Within

The Alliance is committed to supporting Business Retention and Expansion (BRE) in Hampton Roads. We recognize BRE is critical to growing our economy and creating economic sustainability in Hampton Roads because 85% of job growth come from the expansion of existing businesses. The Alliance has set a course to create the most connected regional business community by working with our regional partners including the Hampton Roads Chamber and Virginia Peninsula Chamber to establish a formal regional BRE program that is one of its kind for its scale.

To advance our effort, the Alliance has developed the following strategies for regional BRE:

Develop regional BRE strategies in “Priority Areas” including talent and skills, infrastructure, sites and facilities development, target sector development and innovation
Develop regional priority initiatives and programs that add value to the existing business community to support retention and expansion
Align economic development strategies to remove regional fragmentation by defining clear roles between local EDOs, the Alliance, Chambers, the Virginia Economic Development Partnership (VEDP), and other regional and state partners
Build regional awareness of Alliance BRE initiatives through marketing, speaking engagements, and daily business interactions

If you would like to learn more about our regional BRE efforts, please contact Toi Hunter, Vice President of Business Retention & Expansion at thunter@hamptonroadsalliance.com

Our BRE program initiatives include:

One-on-one Business Visits

We coordinate, collaborate, and conduct business visits with targeted companies or company representatives with the intent to learn more about the company’s process and needs. This allows us to determine ways we can better assist the company for retention and growth through our business assistance strategies.

Business Assistance

We provide Hampton Roads businesses, localities and industry partners with resources, information, and connections in one of the five key areas of assistance: innovation, capital, workforce solutions, space needs and supply chain.

Regional Project Management

We serve in a site selection capacity for existing businesses looking to expand and/ or strengthen their presence and positioning in Hampton Roads with a focus on protecting the bottom line while supporting long-term growth strategies. Our confidential services include but are not limited to: developing RFI and RFP for site locations; identifying potential sites that best meet your needs while helping you navigate the advantages and challenges within each location; arranging site and facility tours; facilitating meetings; navigating incentives, infrastructure and permitting processes; and, connecting you with development resources for design and construction, if so desired.

B2B Seminars

In coordination with our investors, regional partners, the Hampton Roads Chamber and the Virginia Peninsula Chamber, we provide and promote business solutions to assist businesses and investors through professional development opportunities. These business solutions series are typically B2B led by fellow investors and regional partners. Please visit our calendar for upcoming seminars and workshops.