While much of the growth in the D.C. region officially happens across the Potomac River in Virginia, the District attracts companies seeking talent and proximity to federal agencies and decision-makers. In May 2022, Boeing announced it will mov its headquarters from Chicago to the D.C. area in Arlington to be closer to key federal government officials. Competitor defense contractors like Lockheed Martin, General Dynamics and Northrop Grumman are already based there. Downtown D.C.’s central business district is still trying to return workers to offices. In March 2022, a pandemic recovery committee on the city council approved a recommendation to explore transforming the district with more vibrant, mixed uses and to support the creation of job centers.
Creative and Open Space Modernization Grant (DC): Offers a tax rebate of up to the lesser of 10% of the total value of qualified improvements or $1 million for QHTCs that renovate or improve their offices.
Business/Professional/Occupational Licenses (BPOL) Tax Exemption (Fairfax County, Virginia): Offers exclusions and adjustments to BPOL taxes for software development companies and government computer hardware and software sellers.
Qualified High-Tech Companies (QHTC): Offers tax credits to high-tech companies for training and wages paid to disadvantaged employees. Also offers sales and use tax exemptions and a reduced corporate franchise tax rate.
Virginia Jobs Investment Program: Offers variable in- centives for job creation for manufacturers, distribution centers, headquarters, inbound call centers, business IT and R&D.
open.dc.gov/economic-intelligence
dccouncil.gov/committees/business-economic-de- velopment
wdcep.com
sustainable.dc.gov/economy
In October 2022, D.C. launched the first ever Mobility Innovation District (MID). The multi-year mobility project will improve equitable access for residents and visitors with a global innovation hub to show how mobility innovation can make a city more equitable, sustainable, safe and prosperous.
3 Fortune 500 companies headquartered in Washington, D.C.:
11 Fortune 500 companies headquartered in Fairfax County, Virginia, including:
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
0
1:00 - 5:00 pm
We are in a period of rapid change. Customer needs, technologies, competitors and internal capabilities require companies to review and update their strategies for the new realities. In this workshop, strategy experts Steve Rutan and Denise Harrison will show you a systematic approach to strategic planning to help you refine or redefine your business strategy and approach including:
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
