Virginia remains a thriving hub for tech companies and organizations seeking to position their headquarters near Washington, D.C. STS Group, a leading vehicle parts supplier, announced in March 2023 a $32 million headquarters and 119 new jobs in the City of Salem. Engineering company Amentum Services, decided in February to relocate its headquarters to Fairfax County. And South Korean food tech company Armored Fresh announced in January it would expand its headquarters in Fairfax County. Amazon, which already has a significant presence in the state, also announced in January it will invest $35 billion by 2040 to establish new data centers and create 1,000 jobs across Virginia.
Data Center Retail Sales & Use Tax Exemption: Offers an exemption from retail sales and use tax for qualifying equipment purchased by data centers.
Major Business Facility Job Tax Credit: Offers a $1,000 income tax credit for each new full-time job created over the designated threshold.
Port Volume Increase Tax Credit: Offers a credit against corporate income tax of up to $250,000 for companies that increase its usage of ports by 5% in a single calendar year over its based year port cargo volume.
Major R&D Expense Tax Credit: Offers a bank franchise, individual and corporate income tax credit when incurring more than $5 million in qualified R&D expenses in a taxable year.
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rva.gov/economic-development
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fairfaxcountyeda.org
The Virginia Talent Accelerator program accelerates new facility startups through the direct delivery of recruitment and training services that are fully customized to individual companies. All program services are offered at no cost to qualified new and expanding companies as an incentive for job creation. Since its launch in 2019, the program has helped secure more than 11,000 jobs across the state.
22 Fortune 500 companies headquartered in state, including:
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
