Business Retention + Expansion

ABOUT THE ALLIANCE

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Aerospace and Aviation

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Hampton Roads Alliance

Today is World Tourism Day! 🌎 Tourism is a huge economic driver for Hampton Roads. From the beautiful, sandy shores of Virginia Beach to the centuries of culture that define the Historical Triangle, Hampton Roads is a great place to explore, and there are countless ways to appreciate the beauty of the region. Today, we thank everyone who plays a part in improving our region's quality of life, allowing the tourism industry to flourish. What is your favorite local attraction or site to visit? Tell us in the comments below!

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Hampton Roads Alliance4 days ago

Governor of Virginia Glenn Youngkin announced today that Alliance Investor Amazon.com will build two world-class facilities and create more than 1,000 new jobs in the City of Virginia Beach (Virginia Beach City Government)! Alliance President and CEO Douglas L. Smith stated “In the past few years, Amazon has truly embraced the Hampton Roads community, opening facilities in multiple locations and quickly becoming one of the region’s major employers. Today’s announcement marks yet another milestone in Amazon’s investment in and dedication to Hampton Roads. The Alliance congratulates Amazon, along with the Virginia Economic Development Partnership and Virginia Beach Department of Economic Development on their continued success and thanks them for their commitment to growing the Hampton Roads economy.” Learn more: https://www.vedp.org/press-release/2023-09/amazon-virginiabeach

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Hampton Roads Alliance1 week ago

Hampton Roads Workforce Council hosted their exciting Workforce Innovation Awards last evening at Rivers Casino Portsmouth! 👏 Congratulations to all the winners including Michael Paris, Bureau Manager for Norfolk Economic Development, for being named 2023 Workforce Champion of the Year!

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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.