Top 5 Reasons to Do Business in Richmond

1) Proven Corporate Powerhouse:Home to 7 Fortune 500 companies comprising a total of 10 fortune 500 and 1000 companies, Richmond's economy is diverse and composed of everything from Biotech to Manufacturing to Professional Services Headquarters.

2) Quality of Life:Low cost of living, pleasant climate, unique architecture, and an average 24 minute commute!

3) Location, Location, Location: The capital of Virginia, Richmond is located roughly halfway between Boston and Miami. Interstates 95, 64, 85, 195, 895, and 295 intersect in Richmond. 50% of the nation’s consumers are within a day’s drive.

4) World-Class Workforce: The Richmond area draws from over 40 localities statewide and has excellent educational institutions: Virginia Commonwealth University, one of the nation’s top research universities, as well as University of Richmond, Virginia Union University, and several others. Virginia is also the Northernmost Right to Work State.

5) Available Real Estate and Business Incentives: From Class A office space on the James River to upscale shopping malls to cutting-edge Biotech facilities, Richmond has low-cost available space. Contact the Department of Economic Development for available real estate in our program areas and to examine the incentives that make business even easier in Richmond.