Just about a hundred miles south of Washington, DC, Richmond, Virginia is a strategic location for the development of commerce, industry, and culture. Richmond’s revitalized downtown area buzzes with talk of the Next Great American Food City, according to Departures magazine. Along with The River City’s noteworthy eateries, micro-breweries, cideries, and local liquor distilleries are garnering attention.
In addition to its happening cultural scene, Richmond’s economy is driven by law, finance, and government. With federal, state, and local agencies, as well as prominent banking and legal firms located in the downtown area, Richmond is home to the United States Court of Appeals for the Fourth Circuit, and the Federal Reserve Bank of Richmond.
Several Fortune 500 companies call the Greater Richmond area home, including MeadWestvaco/WestRock, Altria, CarMax, Owens & Minor, and Genworth Financial. As an advertising hub, Richmond houses The Martin Company and other notable advertising firms. With the support of Richmond’s advertising sector, Virginia Commonwealth University (VCU) Brandcenter, VCU’s graduate advertising program, is rated as the country’s number one graduate advertising program. Richmond hosts Virginia BioTechnology Research Park, rapidly developing as an incubator facility for biotechnology and pharmaceutical businesses. Rated the 3rd best city for business by MarketWatch in 2007, the Greater Richmond area is also ranked as a friendly, top 10 global city.