Attract New Companies to the 757 Region

GROW NEW JOBS

Lead Orgs:

  • The Hampton Roads Alliance

Goals:

  • Recruit companies that meet the Alliance’s target sectors and provide high-wage jobs for residents of the 757.

  • Work with companies that relocate to Hampton Roads to generate at least 702 new jobs before 2025. This serves as the Alliance’s portion of the number of jobs that should be created in order to reach a one percent annual growth rate. (Source: IBM-PLI Study)

Actions:

  • Recruit companies that meet the Alliance’s target sectors and provide high-wage jobs for residents of the 757.

 

  • Target and cultivate relationships with the firms and consultants that recommend regions, cities, and sites for relocation and expansion.

  • Pro-actively market and promote Hampton Roads in the economic development industry media.

  • Advocate for policies that support growth and foster a productive business environment. 

  • Work with state and local partners to travel, when appropriate, to find qualified leads and pursue them through a combination of travel and marketing.

Accountability:

  • The Alliance publishes a quarterly business attraction report, which details the number of visits to and projects generated by new companies to the 757 region.