Area Development
Editors Note: This article is Contributed Content, paid for by Virginia Business. If you expand or locate your business in the Commonwealth, you’ll join some of the country’s largest and most successful enterprises. Twenty-one Fortune 500 companies are headquartered in Virginia, including Capital One, CarMax and Advance Auto Parts. Other major corporations — such as Amazon, Ikea and Geico - also have established operations in the state.

The Commonwealth also continues to shine on business rankings, snagging spots on Forbes’ and CNBC’s best states for business lists. More important than rankings, however, are the reasons why companies are choosing Virginia. The Site Locator Guide lets you hear from company executives who said yes to locating or expanding their businesses in the Commonwealth. It also provides a breakdown on the state’s research and development facilities; colleges and universities; industry employment projections and much more.

Why Virginia?

Location: Virginia’s central, East Coast location provides access to many customers. Labor Force: The Commonwealth’s workforce is large, well educated and, most importantly, ready to work. Low Business Costs: Locating in Virginia could mean more money in your pocket. Infrastructure: The Old Dominion is proud to offer a worldclass infrastructure. Incentives: Virginia offers many incentives to companies expanding or locating their business in the Commonwealth, including financial assistance, tax credits and customized training. Below are examples of grants available to businesses. For a more comprehensive list visit www.yesvirginia.org. Education: The Commonwealth has an excellent education system. Quality of life: From foodies to nature aficionados, Virginia has something for everyone.