Virginia Beach has emerged as a dynamic center for entrepreneurship, offering a wealth of resources and programs designed to support small businesses and startups. The city’s commitment to fostering a robust business environment has garnered national recognition, including being named the third top city for small businesses in 2026 by the Diverse Chamber of Commerce and Industry.
Comprehensive Support for Entrepreneurs
At the heart of Virginia Beach’s entrepreneurial support is The HIVE, a dedicated business resource center that provides mentorship, networking opportunities, and essential tools for startups and growing businesses. The HIVE offers free one-on-one business counseling, assistance with business plan development, guidance on licensing and permitting, and access to workshops covering various aspects of business management.
In addition to The HIVE, the city has launched the Thrive @ The HIVE program, specifically designed to support local entrepreneurs by offering free workspace and business resources. Eligible participants, including startups, home-based businesses, and military spouse entrepreneurs, can access these resources to help their businesses succeed and grow.
Educational Initiatives and Accelerator Programs
Virginia Beach also invests in the future of entrepreneurship through educational initiatives like the Entrepreneurship and Business Academy at Kempsville High School. This program offers students rigorous academic curricula with business-themed concepts integrated into core courses, preparing the next generation of business leaders.
For existing entrepreneurs seeking to accelerate their business growth, the city offers programs like the Virginia Beach Economic Uplift Capital Accelerator (UPLIFT). This eight-week program focuses on financial analysis, marketing, mentoring, and wealth building, with a special emphasis on minority, women, and service-disabled veteran entrepreneurs.
Financial Support and Grant Opportunities
Recognizing the importance of financial support, the Virginia Beach Development Authority (VBDA) has implemented grant programs to assist small businesses. In 2025, the VBDA awarded over $136,000 in Small Business Grants to 16 local businesses, providing essential funding to help entrepreneurs expand and drive economic growth within the community.
Additionally, the VBDA’s Façade Improvement Grant program has been instrumental in enhancing the appearance and vitality of commercial properties across the city. Since its inception, the program has awarded nearly $700,000 to 94 small businesses, sparking approximately $2.5 million in private investment.
A Bright Future for Small Businesses
Virginia Beach’s dedication to supporting entrepreneurs and small businesses has created a thriving ecosystem where innovation and economic growth flourish. With a range of resources, educational programs, and financial support available, the city continues to be an attractive destination for business owners looking to start or expand their ventures.