Home | Richmond VA, Economic and Community Development


The City of Richmond:
Virginia’s Working Capital

Since its founding in 1607, the city of Richmond has always been the strategic center of commerce, innovation, and decision-making power in the Commonwealth of Virginia. The city offers low business costs, a pro-business climate, robust financial programs, and a smart, creative workforce with solid education and experience in the technical, scientific, and creative professions. So, in a city founded on commerce, innovation and decision-making power, where will your company get to work?

Want to learn more? Click here to learn about the city of Richmond’s advantages. 

Community Profile

The 2016 Richmond Community Profile is tailored for review by residents and businesses alike and details specific information regarding population, industry, and quality of life. Read the report.


Economic & Community Development News

March 21st, 2017

Capital One Financial Corp. has bought a building in Shockoe Bottom that two local businessmen are planning to turn into an incubator for startup businesses. Capital One plans to occupy two floors of the building and lease space back to Startup Virginia. The incubator will be on three floors. Learn more.

March 17th, 2017

Richmond's The Veil Brewing Co., made Thrillist's list of the 14 best breweries to open in America in the past 18 months. Learn more.

March 17th, 2017

Southern Living Magazine ranks Richmond one of the best cities in the south, noting "Off-the-radar Richmond has the South paying attention." Learn more.

March 17th, 2017

The City of Richmond has retained it's AA+ credit rating from Fitch Ratings. That is just one step below the highest possible rating. Learn more.

City of Richmond
Economic & Community Development

Main Street Station
1500 East Main Street, Suite 400

Richmond, VA 23219