Virginia is working on a plan to bring more businesses to the state. This deal will include job hiring and training services along with marketing. Read the article below to find out more about this exciting plan to bring more business to the lovers state.
If you’re a business thinking about a new plant or expansion, Virginia’s working on a deal for you — taking the worries about hiring and training the highly skilled workers off your shoulders.
And, if you’re an executive thinking about new or expanded facilities, you could get word through a glossy new quarterly or a trade show booth financed by a bigger state marketing budget, or maybe the kind of quiet word a fellow CEO at a Virginia golf tournament or high-powered business seminar might share.
All are part of a stepped up push by the Virginia Economic Development Partnership as it seeks to raise the state’s profile and bring more jobs and investment here, agency director Stephen Moret said.
“In today’s economic development environment, you must maintain a vision, be flexible and react to a changing market place,” said Senate Majority Leader Thomas K. Norment, R-James City, who as member of the state’s Major Employment and Investment Project Approval Commission keeps a watchful eye on the partnership.
Norment said he thinks the partnership is moving in the right direction with its plans to offer hiring and training services and step up marketing, as well as Moret’s push to line up more project-ready sites around the state.
The partnership, working with community colleges and four-year schools, is putting together a team of human resources and training experts who can hire and train the workers companies need when expanding or locating new factories, offices or headquarters in Virginia.
It won $2.5 million from the General Assembly last year and $5 million this year for an effort that Moret expects eventually will be able to help as many as 100 businesses a year.
The partnership is also moving fast with the $2 million the General Assembly allotted it to survey and evaluate sites for new businesses or expansions.
The aim is to look at sites of 25 acres or more and evaluate what utility, road and other improvements they need to be ready for a new facility — including how much it would cost.
“Not having development ready sites is the number one reason we lose projects,” Moret said.
A 31%, $1 million increase in the partnership’s marketing and communications effort will help raise a profile already boosted by a renovated web site and new quarterly publication targeted at business executives and site selection consultants. Moret says a stepped-up presence at trade shows and plans to host tours for site selection consultants are in the works.
The partnership is also teaming with the Virginia Chamber of Commerce to set up a nonprofit — funded by private donations — that aims to link Virginia executives with counterparts from other states, for one-on-one pitches for the advantages of doing business here.
Moret thinks those contacts, whether at a trade show, a golf tournament, a seminar or any of Virginia’s many natural and historic attractions, could be a particularly effective way of wooing business to the state.