Over the past 20 years, GRP and its partners have assisted more than 470 companies who invested $10.5 billion in capital investment to the Richmond Region.
In order to continue this success, GRP will work to:
To meet the continuing and growing demands to develop the region’s economy, GRP will raise funds annually for its three-year economic plan spanning 2014 to 2017. Funding will support the marketing and outreach activities to attract new businesses to the region, retaining existing companies and supporting their expansions.
2016-2017 Budget Summary
Launched in 1994, the Greater Richmond Partnership, Inc. (GRP) serves as the lead economic development organization for the Richmond Region, which includes the City of Richmond and the counties of Chesterfield, Hanover and Henrico. The mission of GRP is to globally market the Richmond Region as a preferred business location, generate domestic and international prospects, and support the localities’ business retention efforts.
GRP is organized as a public-private, not-for-profit corporation funded jointly by the four local governments and over 140 area businesses. The GRP staff has more than 150 years of economic and community development experience, which ensures that inquiries are handled in a professional and timely manner.
For over 20 years, the Richmond Region has benefited from the private-public investment in economic development.
Without this co-operation between four communities and more than 140 businesses, the region wouldn’t have increased its tax base to $10.5 billion. That amount of capital investment from attracted, expanded and retained businesses has helped pay for public services and infrastructure upgrades.
Regional economic development has lifted every segment of the region’s economy, providing business opportunities for firms large and small, new and established. Community development, quality of life and the arts have all benefited, along with the quality of jobs and employment opportunities. In only three years after the Partnership’s formation, Greater Richmond was named as one of the nation’s Top 10 “Most Improved” communities in Fortune magazine’s annual “Best Cities for Business” survey.
The value of the Partnership continues to be one of the highest for regional programs. For every dollar invested in our organization, $175 is returned in the form of capital investment from expanding and retained businesses.
Subtle changes add up over 22 years – from not having an identity to being the home of 11 Fortune 1000 companies. We cannot continue our award-winning success without your support.
The nation’s economic landscapes has changed dramatically since serving as Partnership Chair in 2003. But during that time one thing has remained constant, and that’s the importance of a regional economic development organization spearheading the business attraction efforts of Greater Richmond. The public sector can’t do it alone and neither can the private sector. That’s why it’s so important to fund the Greater Richmond Partnership and its vision.
traveling around the world, working with a prospect or hosting international
delegations, Barry is the head recruiter for the region.
He is a certified economic developer with over 20 years of leadership experience at the city, county, regional and university levels.
Previously, Barry served as Senior Vice President of Business Development of the Partnership for three years. He was hired from the Lincoln Economic Development Association in North Carolina where he served as the executive director. He also spent time as the Director of Economic Development for the communities of Goochland and Pulaski, Virginia, and the Special Projects Manager at the Economic Development Assistance Center at Virginia Tech University. He also interned 3 years for the United States Department of Commerce. Before a career in economic development, Barry sent six years as a manager for JC Penney.
Barry has a bachelor’s degree from James Madison University and a master’s degree from Virginia Tech University. He is also a graduate of the Economic Development Institute at the University of Oklahoma and a recipient of the Robert B. Cassell Leadership Award.
Always a servant leader, Barry serves as the Chair of the International Economic Development Council (IEDC) Board and is on the Governance Committee. Barry also serves of the Executive Board of the Economic Development Institute at the University of Oklahoma and is chair of the Alumni/Scholarship Committee.
Locally, Barry is a member of the Virginia Economic Developers Association and the Greater Richmond Association for Commercial Real Estate (GRACRE). A foodie, he loves the restaurant scene in the region and frequents them often.
Barry was awarded Fellow Member status by the IEDC, named one of the 40 Leaders Under 40 (2002) by the Charlotte Business Journal, recognized as a North Carolina Main Street Champion and is a Senior Fellow of the American Leadership Forum.
Business location assistance is focused on domestic and international companies planning to relocate or expand facilities. Business services are provided to small and large companies that require office, manufacturing, research and distribution buildings and/or sites. The Partnership serves as a single point of contact to the network of private sector and state and local government professionals serving Central Virginia.
Annual Work Plan
BusinessFirst Greater Richmond is a collaborative effort between the Partnership and our four local government partners that focuses resources, services and support on companies that call Greater Richmond home. Professional development staff and trained volunteers from the business community interview CEOs and other top company officials to fully understand the company and the factors critical to its long-term success.
The upcoming Business First year promises to bring some exciting new changes.
Three Year Goals
Indirect Public Support HelpIndirect public support represents revenue received through solicitation campaigns. This includes funding United Way and other federated fundraising organizations, but does not include donor designated contributions.
Earned Revenue HelpEarned revenue represents income generated in direct exchange for a product or service.Earned income includes income from government contracts.
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