Allies in Economic Development



Business and Shared Services


Equal Pay Day helps draw attention to gender-based pay disparities by highlighting how far into a year women must work to earn what men did in the previous year. While March 14 is the earliest it has ever occurred, there is more work to be done to eliminate the gender pay gap. 757_Alliance photo
Hampton Roads is where our nation was born, and where it continues to flourish today. In Hampton Roads, all roads lead to a great place to work, to live and to thrive. Find your place here.

Achieving more for Hampton Roads

With our public and private partners, we can make Hampton Roads more competitive in economic development. The Alliance has revamped its strategy to market the region more effectively, address product deficits that impact our competitiveness, and position us as the leading community in critical industry sectors.

The goals and strategies of the five-year Allies in Economic Development campaign are:

Goal 1: Build a world-class regional economic development system.

  • Targeted Business Development
  • Engaged Next-Generation Marketing
  • Integrated Regional Intelligence

Goal 2: Invest in our sites & our people.

  • Creative Real Estate Solutions
  • Enhanced Talent Recruitment

Goal 3: Strengthen our region's resiliency.

  • Leading Energy Portfolio
  • Emphasis on Diversity & Inclusion

This new strategic plan positions the Hampton Roads region with a competitive advantage to attract jobs and investment in our target industries. Those industries are:

  • Business & Shared Services
  • Information Technology
  • Advanced Manufacturing
  • Distribution & Logistics
  • Food & Beverage Processing
  • Offshore Wind

The Alliance's new five-year plan is expected to bring 7,000 jobs to the region with an average hourly wage of $48.93 ( or with an average salary exceeding $101,000 a year). In turn, these jobs will generate an additional 8,000+ jobs with average annual salaries of more than $75,000. Once the direct and indirect jobs are in place, consumer expenditures in the community are expected to be $728.5 million, and annual bank deposits will be nearly $114 million.

We cannot do this alone. Our public-private partnership funding model brings together the public funding from our local government entities and from businesses and institutions large and small throughout the region that believe a robust and resilient economy will benefit the region and their organization's bottom line. Together, let's grow Hampton Roads, learn more about investing in the Alliance.

Allies in Economic Development Case for Investment

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Hampton Roads Alliance
3 Commercial Place, Suite 1320
Norfolk, VA 23510
P: (757) 627-2315
F: (757) 623-3081

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