Business Retention + Expansion


ABOUT THE ALLIANCE


FEATURED INDUSTRY

Aerospace and Aviation


LATEST TWEETS

Hampton Roads Alliance
Hampton Roads Alliance3 days ago
As the demand for nuclear-powered submarines increases, Newport News Shipbuilding said it’s working to hire 3,000 skilled trades workers this year and a total of 19,000 within the decade. Last year, the Hampton Roads Workforce Council reported that the region’s maritime shipbuilding vacancies could increase to 40,000 by 2030 if measures to build capacity weren’t taken, while U.S. Navy Secretary Carlos Del Toro said in December that the U.S. shipbuilding industry will need 150,000 new qualified workers in the next 10 years. As a result, NNS is working with the Navy’s submarine industrial base office and the Hampton Roads Workforce Council to reach potential new employes.
Hampton Roads Alliance
Hampton Roads Alliance4 days ago
According to Southern Living magazine, Colonial Williamsburg is one of 23 treasure troves of “authentic locales in the South that each offer an experience you can only have there.” In a special edition of this month’s magazine, an online survey among the magazine’s readers rates their favorite places across the South for its 2024 awards. More than 20,000 people responded and ranked City of Williamsburg, Virginia - Municipal Government as second in the South’s top 20 small towns!
Hampton Roads Alliance
Hampton Roads Alliance5 days ago
Governor Glenn Youngkin today announced that FreezPak Logistics, LLC, a leading provider of full-service cold and dry storage services, is investing $77.5 million to construct a 245,000-square-foot cold storage facility in the City of Suffolk, VA - Municipal Government to serve the Mid-Atlantic region, via The Port of Virginia. The project will create 80 new jobs for the region! The Alliance was proud to work alongside Suffolk VA Economic Development Department #YesSuffolk and the @viVirginia Economic Development Partnership on this announcement. Read more: https://ow.ly/Ese750QTmLR

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

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.
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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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