North Fairfax News

FCEDA Works With 148 Businesses Adding Nearly 13,000 Jobs in 2022 + Weekly Business News Digest

In 2022, Fairfax County Economic Development Authority (FCEDA) continued to successfully support businesses from start-ups to global companies growing in and relocating to Fairfax County. FCEDA worked with 148 businesses that announced the addition of 12,767 jobs to the Fairfax County economy in 2022. 

“I want to extend my deepest appreciation to all the businesses continuing to choose Fairfax County as a strategic location for their operations. Your growth and contributions within the community are the key to the resiliency and stability of our economy,” said Victor Hoskins, president and CEO of FCEDA. “The number of companies continuing to choose Fairfax County speaks volumes about the environment we offer for global competitive advantage and growth. Our business-friendly climate and the unparalleled access we provide is a winning combination,” he added. “Our proximity to the world’s largest customers, our robust pipeline of top talent and our innovative ecosystem of strategic partners position our businesses to not only succeed here but truly prosper.”

Some of the most notable 2022 announcements included Hilton Worldwide retaining their headquarters in Fairfax County; Clark Construction Group expanding their footprint in the Mid-Atlantic by opening a new office in Fairfax County; Pangiam establishing their global headquarters in Fairfax County; and Alarm.com, Bode Technology, Nodal Exchange, Enabled Intelligence, Inc., and SmartRoof expanding their operations and continuing to invest in Fairfax County.

“I am proud of and thankful for all the businesses that choose Fairfax County and continue to grow here,” said Jeffrey C. McKay, Chairman of the Fairfax County Board of Supervisors. “Our businesses play a key role in maintaining the vitality of our community and the quality of life of our residents,” he added. “Looking to the future, we will continue to support the growth of innovative businesses here in Fairfax County through the $1 million Fairfax Founders Fund, which will provide grants to a diverse set of businesses, including businesses in historically disadvantaged communities, looking for early-stage capital to grow in all parts of the county.”

Out of the 148 businesses FCEDA worked with in 2022, 111 were U.S.-based; 37 were foreign-owned; 44 were minority-, woman- and/or veteran-owned; and 16 were new to the county.

Original source can be found here