Virginia Beach has emerged as a vibrant hub for entrepreneurs, offering a wealth of resources and programs designed to support startups and small businesses. Central to this ecosystem is The HIVE, the city’s dedicated business resource center, which provides mentorship, networking opportunities, and essential tools to foster innovation and growth.
Comprehensive Support for Entrepreneurs
The HIVE offers a range of services tailored to meet the diverse needs of entrepreneurs. From one-on-one support sessions to free workshops covering various aspects of business development, The HIVE is committed to guiding businesses at every stage of their journey. Entrepreneurs can access resources to start a new venture, grow an existing business, or find partners passionate about supporting the local business community through training and mentorship.
Thrive @ The HIVE Program
To further bolster the entrepreneurial landscape, the city introduced the Thrive @ The HIVE program. This initiative provides eligible Virginia Beach entrepreneurs with free workspace at The HIVE for two business days a week over a two-month period. Participants also gain access to all the resources The HIVE offers, including professional assistance, seminars, workshops, and a variety of essential business tools. This program is open to Virginia Beach startups, home-based businesses, and military spouse entrepreneurs, reflecting the city’s commitment to inclusivity and support for diverse business ventures.
Recognition and Economic Impact
Virginia Beach’s dedication to fostering a robust business environment has garnered national recognition. In 2026, the city was named the third top city for small business by the Diverse Chamber of Commerce and Industry, highlighting its strong commitment to entrepreneurship and innovation. This accolade underscores the city’s efforts to create a thriving economic landscape where businesses can flourish.
Moreover, the tourism sector continues to play a significant role in the local economy. In 2024, Virginia Beach welcomed 14.3 million visitors, resulting in a total economic impact of $3.9 billion. This influx of visitors sustains numerous jobs and contributes substantially to state and local tax revenues, further emphasizing the city’s dynamic economic environment.
Looking Ahead
As Virginia Beach continues to invest in its entrepreneurial ecosystem, programs like The HIVE and Thrive @ The HIVE are instrumental in supporting the growth and success of local businesses. By providing comprehensive resources and fostering a collaborative community, the city is well-positioned to remain a leading destination for entrepreneurs seeking to innovate and thrive.