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Page 1: +1 (703) 777-0426 ://lfportal.loudoun.gov/LFPortalinternet/0/edoc/99009/Item 2-Intl... · with regional and global corporations Learning Corridor—Loudoun’s resources include nearly

http://biz.loudoun.gov+1 (703) 777-0426

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Loudoun County:

More than You Imagine

Scott York, Chairman

Beth Hain, Manager Business Investment

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Business Supporters include:

B. F. Saul Company Bridgman Communications and GEORGIA GRAVES Committee for Dulles Fortessa Inc. George Washington University, Virginia Campus Howard Hughes Medical Institute Inova Loudoun Hospital MC Dean Metropolitan Washington Airports Authority

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Loudoun County – Access to the WorldWashington Dulles International Airport has:

•17.8 million passengers

•358,500 tonnes cargo

•400 weekly departures to 40 international cities

•8 daily non-stop flights to Frankfurt, Munich, Vienna, and Zurich

•Runway expansion

Close proximity to Baltimore Port, Virginia Inland Port (FTZ) and an expanding Port of Virginia.

40 Destinations22 Carriers403 Weekly Departures

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Loudoun’s Strategic Location: Convenient East Coast Market Accessibility

40 km west of Washington, D.C.

Within 2 hour flight from 60% of U.S. and Canadian populations

Access to 35% (175) of Fortune 500 Headquarters from Boston to Atlanta

Overnight delivery to 49% of the U.S. market-Boston to Atlanta-via the I-95 corridor

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•Population: 5 Million +

•6,000 sq miles / 15,500 sq kilometers

•Larger than Greater Berlin, Brussels, and Madrid

Greater Washington

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German Companies in Greater WashingtonOver 60 German companies including …

* Companies with Loudoun County Presence

•Altenloh, Brinck & Company•Aquafin•Autoflug Libelle•BYK—Gardner•ComTel Electronic Systems•Daimler Chrysler•Detecon•Deutsche Post Global Mail•Dichtomatik Americas*•DIW—Bonn•Frenzelit North America*•Giesecke & Devrient America*

•Heckler & Koch*•Leica Microsystems•Lufthansa•Niro Inc.•Rehau*•Rheinmettal•Rohde & Schwarz•Schenker International•Segus•Siemens•Software A.G.•Universal Dynamics

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Greater Washington DC’s International Environment

700+ internationally owned companies from over 39 countries• 17% from United Kingdom• 12% from Japan• 9% from France• 9% from Germany• 8% from Canada

400+ international associations

180 embassies

Source: Greater Washington Initiative, 2006.

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“To find our place, we made an internal rating, took several criteria and gave them a value. The overlapping working hours with Europe, the closeness to an international airport, and proximity to our customers had the highest weights. Also important to us is the convergence of government, industry and academia, which is special in this area. We liked the industrial wired feel – it is motivating to be somewhere with low unemployment and positive attitudes towards work-oriented life – and the fact that we’re in reach of the ocean, the mountains and DC.”

- Angelika Kirchmeyer, President & CEO, Quappa Inc. of Saarland, Germany

Why Companies Choose Loudoun County

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“Quality of life was an important factor for us when we decided to locate our headquarters in Loudoun County. We have found that we are able to recruit top peoplefrom across the country because this area offers a high quality of life. It’s a great location for young families.”

— David Thompson, President & CEO, Orbital Sciences Corporation

Why Companies Choose Loudoun County

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Top Sectors in Loudoun County

Information Technology Aerospace Biotechnology/Life

Sciences Defense/Government Network Security Satellite Communications Systems Integration Telecommunications Wireless

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Loudoun County, VA – Dulles Corridor

• Dulles Corridor is know as the Silicon Valley of the East.

• Loudoun County based AOL has anchored the industry‘s growth:

Fostering spin-out technology

Stimulating venture capital and entreprenuerial growth

Expanding data center market

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Loudoun’s Local Economy –Stable and Growing

60% increase in population from 2000-2007 49% increase in employment from 2000-2007 6% of population employed in the Information

Industry Sector Strong small business community

contributing to innovation• Over 80% of businesses have fewer that 20

employees

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Loudoun County offers lifestyle choices3 Distinct Geographies : • Historic towns: entrepreneurial start-ups• Suburban Neighborhoods: diverse industry, large

and small businesses• Rural Communities: 165K producing acres /

66,800 hectares, 20 wineries, 7 farmers markets

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Loudoun County’s Education

Public Education – one of the best public school systems in the US, supported and enhanced by school-business partnerships with regional and global corporations

Learning Corridor—Loudoun’s resources include nearly a dozen universities and research institutions, such as George Washington University, George Mason University, and the Howard Hughes Medical Institute at Janelia Farm. These institutions complement the existing highly educated workforce.

Language Immersion—Proximity to a large German school, including a kindergarten, operating under the German education system

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Loudoun’s Entertainment and Recreation• over 40 parks and

numerous trails• upscale shopping and

restaurants• award-winning wineries• horse farms and

equestrian events• golf courses• organic produce farms• sporting events• nearby mountain and

beach destinations

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Culture•Dodona Manor— the former home of George C.

Marshall of the Marshall Plan

•Historic German settlements such as Lovettsville

• Oatlands—historic property which was a thriving wheat plantation and base for numerous business enterprises until the time of the Civil War.

•Kennedy Center— producing and presenting an unmatched variety of theater and musicals, dance and ballet, orchestral, chamber, jazz, popular, and folk music, and multi-media performances for all ages.

•Equestrian Events—Steeplechase, Polo

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U.S.A. Comparison and the Greater Washington Region

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U.S.A. Population Comparison (in Millions)

4.18

4.45

5.29

5.46

9.51

12.95

18.82

San Francisco

Boston

Greater Washington

Miami

Chicago

Los Angeles

New York

SOURCE: American Community Survey, 2006

8th Largest in the U.S.

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U.S.A. Unemployment Rate, 2007

4.4

4.3

4.9

4.7

3.7

3.1

2.2

4.4

San Francisco

Boston

Chicago

New York

Los Angeles

Miami

Greater Washington

Loudoun County

SOURCE: Bureau of Labor Statistics

Lowest Unemployment

Rate In US

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U.S.A. Employment Growth, 2000-2007

-3.77%

2.83%

7.07%

14.10%

11.73%

-0.91%

3.10%

San Francisco

Boston

Chicago

New York

Los Angeles

Miami

Greater Washington

SOURCE: Bureau of Labor Statistics

304,642+ jobs between

2000-2007

Loudoun’s Growth 49%

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Federal & Private Employment - Greater Washington

SOURCE: GWI Analysis of Bureau of Labor Statistics and Maryland DLLR Data, 2005NOTE: Percents will not add to 100%. State and local government data is not included

58.0%62.6% 61.7%

70.9%76.0%

79.3%

35.3%29.6%

26.0%

18.9%13.5%

10.6%

1955 1965 1975 1985 1995 2005

Private SectorFederal Government

Loudoun’s Private

Sector 85%

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Regional Technology Workforce and Education

Largest and strongest technology cluster in the United States• 9,000+ companies

Most highly educated workforce in the world• 46% of the adult population has a bachelor’s degree or higher; • 21% has an advanced degree

More than 50 colleges & universities• over 328,000 full-time students annually

333,000 technology employees 3x bigger than California’s

Silicon Valley

Source: Greater Washington Initiative, 2006

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2007 Fortune 1000 Headquarters – Greater WashingtonLockheed Martin

Sprint-Nextel

General Dynamics

Capital One

Marriott International

AES

Gannett

CACI

Anteon

XO Communications

…and more

23 Fortune 1000 Headquarters

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Loudoun County Department of Economic Development

Offering personalized assistance

• Information to assist in decision making

• Site selection assistance U.S. facility

• Connect your business with relevant local resources and leaders

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Leased Office Costs 5 Employees X 300 sq ft/employee 1500 sq ft office X $25.00/sq ft (range $19-25, varying terms) $28,500 to $37,500/year

(plus receptionist/furniture/telephony/etc)

Serviced Office Costs 1-3 people $800 – $2,000/month $9,600 - $24,000/year

(Includes receptionist/furniture/conference room/T-1)

Staff Costs Executive Director/General Manager:

$110-160K Director of Sales/Business Development:

$90-110K base (+ commission)

Analyzing Costs

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Contact Details

http://biz.loudoun.gov

Ms. Beth A. Hain

Manager, Business Investment

[email protected]

+1 (703) 777-0426

Supervisor Scott York

Chairman

[email protected]

Loudoun County Board of Supervisors

Economic Development