Billions of dollars invested by new and existing companies.
Measure Last Modified
09-22-2014 04:04 p.m.
Measure Last Published
01-13-2015 04:04 p.m.
Status
Active
Data Source and Calculation
<p>Billions of dollars invested by new and existing companies is an outcome based measure reported annually. The data source is company investment announcements and is measured by the billions of dollars invested by companies locating to and expanding in Virginia.</p>
Enterprise Priorities and Strategies
Initiative
Priority
Strategy
Economy
Business Climate and Economic Development
Promote Virginia’s competitive business climate to maintain the designation as the best state for business.
Economy
Diversification
Attract businesses to the Commonwealth that operate in new and growing fields in the 21st century economy. Targeted areas include cyber security and biosciences.
Associated Service Areas
Service Area Code
Service Area Name
53412
Economic Development Services
Targets and Baselines
Name
Date
Result
Note
Baseline
None
None
Short Target 2025
None
None
Long Target 2027
None
None
Baseline
None
None
Results
Year
Result
Note
2001
3.73
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2002
3.62
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2003
3.56
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2004
3.37
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2005
3.31
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2006
6.98
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2007
5.22
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2008
6.80
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2009
9.44
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2010
10.32
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2011
2.95
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2012
4.81
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2013
3.42
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2014
5.53
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2015
4.10
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.
2016
4.58
Annual targets are set after funding is known and require Board approval in June of each fiscal year. Annual Results for the fiscal year just ended are known after August 31 of each fiscal year.