8TH ANNUAL SMALL BUSINESS AND GOVERNMENT CONFERENCE

January, 2014

George Harben, CEcD, CCRDirector of Existing Business

Prince William County Dept. of Economic Development

Prince William County - Snapshot

Accolades•AAA bond rating from all three rating agencies

•12th wealthiest County in the nation by median household income

•One of the 100 Best Communities for Young People for the third year in a row according to America’s Promise Alliance

•Named to CNN Money’s “Where the Jobs Are” four of the last five years

“Prince William County likes to give companies the treatment and it shows.” --CNN Money

Workforce Center of Northern Virginia• 75% of Northern Virginia’s 1.5 million workers are within a 30-minute one-way

commute to the center of Prince William County during rush hour• Rapidly growing, highly-skilled labor force

Transportation & Accessibility• Two interstates (I-66 / I-95), HOT and HOV lane access and robust intra-county road

system• 7 VRE stops on two rail lines• Quick access to Dulles International, Reagan National and Manassas Regional

Airports

Federal Market Access•I-95 Corridor bookended by Marine Corps Base Quantico to the south and Ft. Belvoir to the north•Home to over 170 federal contractors

Versatile and Cost-effective Location Options• Cost competitive in the National Capital Region• Existing office, flex, industrial and data center facilities• Available large acreage sites for development

Business Proposition

•Customized and confidential assistance based on the needs of the company executive team

•Comprehensive site and/or building selection assistance

•Permitting and site plan guidance

•Clearinghouse for internal and external data sources and information

•Identification of local resources for training, employee identification, financing, business development, and procurement

•Identification of state and federal programs for financing, exporting, incentives, and regional/state procurement

•Provide demographic and economic data

DED Services to Industry

Targeted Industries

• Federal agencies and contractors

• Information technology• Biotechnology • Corporate facilities• Micro-electronics• Other high-tech industries

Federal Agencies & Contractors

Prince William Advantages– expedited development process– targeted industry status– bookended by Marine Corps Base

Quantico to the south and Ft. Belvoir to the north

– access to federal facilities and prime contractors

– access to employees

Economic Development Announcements•101 announcements

•$324 million in investment

•3,655 new jobs

Economic Development Announcements•101 announcements

•$324 million in investment

•3,655 new jobs

Strategic Plan Charge• Attract Capital Investment to diversify the economic base, ease the

residential tax burden and catalyze economic growth.• Attract High-quality Jobs that match the educational and skill profile of the

PWC workforce to increase at-place employment opportunities for the residents of PWC.

Board-adopted Tactics• Support expansion of County businesses• Attract new targeted businesses to generate capital investment and new

jobs• Promote high-quality mixed-use development, especially in revitalization

areas• Accelerate collaboration with educational institutions

Strategic Plan Charge

Prince William County Department of Economic Development

George N. Harben

Director of Existing Business

PwcEconDev.org | 703-792-5507

gharben@pwcgov.org

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