Commonwealth Research and Technology Strategic Roadmap Profile: VEDP

The Virginia Economic Development Partnership (VEDP) directs its recruitment and outreach resources towards markets it expects will produce strong gains in employment, higher wages, and new capital investment. It works with local and regional partners to identify promising markets. By then mapping these markets to regional assets, VEDP can best meet the needs of business clients. As of late November 2014, VEDP was in the final stage of developing its new strategic plan, which includes its 2015 targeted industry sectors and priorities. A working draft of these sectors and subsectors follows.
  • Advanced manufacturing, including advanced materials, aerospace, agribusiness and food processing, and transportation and equipment
  • Corporate headquarters and operations centers
  • Information technology, including cyber security, data centers, modeling and simulation, and systems integration and design
  • Life sciences and medical technologies, including biotechnology and life sciences, medical devices, personalized medicine/health IT, and pharmaceuticals
  • Professional and business services, including federal contracting, financial services, and process management
  • Transportation, distribution, and logistics, including logistics, supply chain management, and support; maritime and port-related; and trucking and warehousing
  • Special focus areas, including energy and federal operations