Virginia Beach has emerged as a beacon for entrepreneurs, offering a wealth of resources and earning national accolades for its commitment to small business development.
Comprehensive Support for Entrepreneurs
The city provides a variety of programs designed to assist entrepreneurs at every stage:
The HIVE: A Hub for Innovation
Located in the Town Center, The HIVE serves as a central resource hub for startups and growing businesses. It offers free one-on-one business counseling, workshops, and access to essential services such as business plan development, licensing guidance, and financial advice. The HIVE is particularly focused on supporting historically underserved communities, ensuring inclusive economic growth. Learn more about The HIVE.
Thrive @ The HIVE Program
To further bolster local entrepreneurs, the city launched the Thrive @ The HIVE program. This initiative provides eligible Virginia Beach startups, home-based businesses, and military spouse entrepreneurs with free workspace at The HIVE for two business days a week over a two-month period. Participants also gain access to all resources The HIVE offers, fostering a supportive environment for business growth. Discover Thrive @ The HIVE.
Small Business Grant Programs
The Virginia Beach Development Authority (VBDA) has been proactive in supporting small businesses through various grant programs. In January 2025, VBDA awarded over $136,000 in Small Business Grants to 16 local businesses, each receiving up to $10,000. These grants aim to fuel innovation, job creation, and economic vitality within the community. Read more about the grant awards.
National Recognition
Reflecting its strong commitment to fostering a robust business ecosystem, Virginia Beach was named the third top city for small business in the nation by the Diverse Chamber of Commerce and Industry in 2026. This recognition underscores the city’s dedication to entrepreneurship, innovation, and economic development. Learn about the national recognition.
Conclusion
Virginia Beach’s comprehensive support system for entrepreneurs, coupled with its national recognition, highlights the city’s dedication to fostering a thriving business environment. For those looking to start or grow their business, Virginia Beach offers a welcoming and resource-rich community.