The Fairfax County Economic Development Authority (FCEDA) has opened an office in the Los Angeles area in an effort to draw businesses to the Washington, D.C., area.
As part of the initiative, the County has hired Market Diligence Group (MDG) of Newport Beach to work with California companies and venture capitalists seeking investment opportunities in Fairfax County.
Mark White and Tom Roberts of MDG will direct the Countyâ€™s marketing efforts that will target the Silicon Valley-San Francisco area as well as Southern California.
The FCEDA first opened a California office in the San Francisco Bay area in 2006. However, given the increased activity among Southern California businesses looking to expand operations into the Washington region — as such companies as Hilton Worldwide, CSC, SAIC and Northrop Grumman have done over the past few years — FCEDA is shifting its West Coast base to the Los Angeles area.
In order to take advantage of federal and commercial opportunities, more than two dozen companies based in California such as Esri, HP, Salesforce.com and Technical Communities have offices in Fairfax County.
â€œFairfax County is a great location for California businesses interested in establishing east coast operations,â€ said Gerald L. Gordon, Ph.D., president and CEO of the FCEDA. â€œThe workforce, technology community and proximity to Washington, D.C., provide companies with a base from which to grow in new markets. Our new team in California will be able to provide expert advice and assistance to companies throughout California and other technology centers in the West.â€
â€˜Economic success storyâ€™
Time magazine called Fairfax County, â€œone of the great economic success stories of our time.â€ Business growth helps Fairfax County fund the nationâ€™s top-rated school system and other public services that contribute to the quality of life of residents. Fairfax County offers businesses a state-of-the-art telecommunications infrastructure, access to global markets through Washington Dulles International Airport and a well-educated workforce.
FCEDA, which promotes Fairfax County as â€œone of the worldâ€™s best business centers,â€ offers site location and business development assistance, and connections with county and state government agencies, to help companies locate and expand in Fairfax County.
In addition to its headquarters in Tysons Corner, Fairfax Countyâ€™s largest business district, the FCEDA maintains marketing offices in six important global business centers: Bangalore, London, Los Angeles, Munich, Seoul and Tel Aviv.