Virginia Beach has solidified its reputation as a hub for entrepreneurs and small businesses, offering a range of resources designed to foster growth and innovation. This commitment has recently been recognized on a national level, underscoring the city’s dedication to its business community.
Comprehensive Support for Entrepreneurs
The city provides numerous initiatives aimed at supporting local businesses:
- The HIVE: A business resource center offering mentorship, networking opportunities, and essential tools to support startups and growing businesses. Entrepreneurs can access one-on-one counseling, business plan development, and assistance with licensing and permitting. Learn more
- Thrive @ The HIVE: A program offering eligible entrepreneurs free workspace and resources for two months, specifically targeting startups, home-based businesses, and military spouse entrepreneurs. More details
- Small Business Grant Program: Launched by the Virginia Beach Development Authority, this program provides grants of up to $10,000 to qualifying small, women-, minority-, veteran-, and disabled veteran-owned businesses to support expansion and economic growth. Read more
National Recognition
Reflecting its strong commitment to entrepreneurship and innovation, 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 accolade highlights the city’s robust business ecosystem and its dedication to fostering a supportive environment for entrepreneurs. See the announcement
Looking Ahead
With a solid foundation of support programs and national recognition, Virginia Beach continues to be an attractive destination for entrepreneurs seeking growth and success. The city’s ongoing efforts to enhance its business environment ensure that local businesses have the resources and opportunities needed to thrive.