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Agency Virginia Economic Development Partnership (310)
Measure Name 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
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.
2017
Measure ID 31053412.001.001
Measure Class Agency Key
Measure Type Outcome
Year Type State FY
Preferred Trend Increase
Frequency Annually
Statistical Unit Billions of Dollars
sp134 Performance Measure - 06-07-2025 17:36:53