Your New Beginning Starts Here
Portsmouth businesses employ some of the highest skilled and well-educated workforce in the Hampton Roads region. Recent business development has put Portsmouth on the map for growth in technology and higher education. Businesses that need to move goods and services will find an extensive and convenient infrastructure. From container terminals, railroad access, and centralized interstate connectivity, Portsmouth keeps businesses connected. Portsmouth also offers diverse community-focused experiences centered in history, culture, and recreation. This dynamic metropolitan area provides residents and businesses robust districts with access to premier amenities.
Median Income
Median Income
While focusing on attracting projects with new positions and expanding existing business opportunities, Portsmouth also focuses on upskilling residents to continue impacting quality of life factors such as income.
Business Community
Business Community
Small business is truly the backbone of Portsmouth – with locally owned and operated organizations ranging from home-based to brick-and-mortar, there is a place for your business in our ecosystem.
Incentives
Incentives
Over the past five years, Portsmouth Economic Development has connected our new and existing businesses with approximately $2 million in local, state, and regional incentives.
What We Offer
Testimonials
Lineage Logistics
Facility Opened Sept. 2021
Lineage Logistics (formerly Preferred Freezer) underwent a national search for a location that provided the Port proximity and robust infrastructure needed to expand their cold storage offerings. The state-of-the-art, fully automated facility is 212,000 square feet and represents an $84 million investment. The Lineage Portsmouth Facility is directly adjacent to the Port of Virginia and has introduced 60+ highly paid positions.