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Virginia Economic
Development Partnership

901 East Byrd Street
P.O. Box 798
Richmond, VA 23218-0798
USA
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Inquiries:
(804) 545-5700 (Domestic)
(804) 545-5750 (International)
(804) 545-5600 (General)
(804) 545-5805 (Media)


Skip Navigation Links Home > Why Virginia > Prominent Accolades

Virginia Continues to Lead the Nation

Forbes.com: Virginia is the Best State for Business
For the third year in a row, Virginia leads the nation in the Forbes.com Best State for Business study. The review examines multiple objective measurements, including business cost, regulatory climate, quality of the workforce, and economic growth. Forbes.com is the official Internet site of the Forbes family of business publications. Virginia finished in the top 10 in four of the six main categories, including regulatory environment (1st), quality of its workforce (5th), overall quality of life (6th), and prospects for growth (8th).

CNBC: Virginia is a Top State for Business
Virginia is among the best states in the country for doing business, according to CNBC's list of America's Top States for Business. The survey, in its second year, ranks states according to 10 broad categories, including the cost of doing business, the strength of the economy, the cost of living and business friendliness. States receive points based on 40 measures of competitiveness. Virginia topped the list in the inaugural study in 2007.

Governing Magazine: Top Performing State
Virginia is one of the top-performing state governments in America. In Governing Magazine’s Government Performance Project, Grading the States 2008 survey, Virginia earned an overall grade of A- for management of state government. This is testament to Virginia's long-term planning and management of money, people, infrastructure, and information. Only two other states received an A- grade.

Presidental "E Star" Award
Virginia is a recipient of the President’s "E Star" Award in 2008, the nation’s highest award for the promotion of export business. The International Trade Division provides proven, innovative programs to assist Virginia companies sell their products and services into markets worldwide.

Top 10 Pro-Business State
Virginia is ranked a Top Pro-Business State by Pollina Corporate Real Estate. Since the inaugural study in 2004, Virginia has been ranked #1 twice and has always been among the top three. The Pollina Corporate Top 10 Pro-Business States study examines 29 factors relative to states’ efforts to be pro-business, and is the most comprehensive examination of states to date. The study is limited to factors over which state government has control. The list reflects state leadership that truly understands the importance of producing the best job opportunities available for their constituents. The state governments at the top of the list understand that they must be very proactive in the international battle to keep and attract jobs.