What We Do
The Secretary of Commerce and Trade oversees the economic, community, and workforce development of the Commonwealth. Each of the 13 Commerce and Trade agencies actively contributes to the Commonwealth's economic strength and high quality of life.
Whether you are looking to start a small business or relocate a multi-million dollar company in Virginia, we are ready to assist you.
Grant Funding from the Department of Defense, Office of Economic Adjustment
Due to the disestablishment of US Joint Forces Command, the Secretary of Veterans Affairs and Homeland Security applied for grant funding from the Department of Defense, Office of Economic Adjustment to assist in minimizing the impact to the Hampton Roads region. Working closely with the Secretaries of Technology, Education and Commerce and Trade, the Commonwealth reached out to the Hampton Roads Region to ask for ideas on ways to diversify the region to be less dependent on the Defense industry. A common theme developed, to create a comprehensive analysis of the Modeling and Simulation sector in Hampton Roads.
Key regional stakeholders who assisted on this project include: Hampton Roads Economic Development Alliance, Hampton Roads Partnership, Hampton Roads Planning District Commission and the City of Suffolk.In April of 2012, the Commonwealth of Virginia contracted with Chmura Economics & Analytics to create a comprehensive analysis of the modeling and simulation sector in Hampton Roads. Read the final documents (report and strategic plan) here Report , Appendix and Strategic Report.
Governor McDonnell Announces Additional Appointment to Administration and Board and Commission AppointmentsGovernor Bob McDonnell today announced an additional appointment to the administration. The governor announced William P. Burge has been appointed Acting Commissioner of the Virginia Department of Labor and Industry. Governor McDonnell also announced appointments to 18 Virginia boards and commissions.