Department of Economic Initiatives (DEI)

CONTACT INFORMATION: Our office is open 8:30AM-4:30PM M-F
703-324-5171 TTY 711
12015 Route 50, Suite 510
Fairfax, VA 22033
Rebecca Moudry
Director
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What We Do

Department of Economic Initiatives (DEI) leverages county resources and develops policy recommendations to foster economic development and position Fairfax to be an economically competitive and prosperous community. It also works closely with small, local businesses to advise and guide them as they grow.


June 13, 2024
Applications for Entrepreneurs Due This Friday, June 14 Fairfax County, VA (June 13, 2024) –Fairfax County Department of Economic Initiatives and George Mason University’s Center for Innovation and Entrepreneurship are pleased to announce the next installment of the Accelerate Breakfast Series, scheduled for Friday, July 19th. This quarterly event series fosters connections between start-ups firms and investors, specifically targeting high-growth technology companies. Showcasing Promising Tech Startups The Accelerate Breakfast Series provides a unique platform for five selected high-growth tech companies to pitch their ventures to a distinguished audience including early-stage investors and industry leaders. This curated environment fosters valuable connections and propels investment opportunities for regional businesses.   Join Us on July 19th Are you a rapidly growing tech company seeking to connect with potential investors? Applications to present at the Accelerate Breakfast Series are open now! Submit your application by Friday, June 14th at 5:00pm. Investors and those interested in the local startup scene must register by Friday, July 12th at 5:00pm. This is a great chance to gain insights into emerging technologies and network with key players. Learn More and Get Involved For more information, application details, and registration, please visit AccelerateDeals.org or contact info@acceleratedeals.org. About the Accelerate Breakfast Series The Accelerate Breakfast Series is a joint initiative between Fairfax County and George Mason University. It aims to strengthen the local entrepreneurial ecosystem by connecting promising startups with investors, driving investment and fostering innovation within the region.  
March 11, 2024
Platform to Support Entrepreneurs and Small Businesses Connects Owners and Experts Fairfax County announces the launch of Fairfax CORE (Connecting Opportunities and Resources for Entrepreneurs), a new web-based platform designed to connect business owners and aspiring entrepreneurs with the resources they need establish, expand and evolve their businesses in Fairfax County, including the towns of Clifton, Herndon, and Vienna and cities of Fairfax and Falls Church. Fairfax CORE features an online navigator providing access to more than 115 entrepreneur support organizations in and around Fairfax County. This tool offers entrepreneurs quick and easy access to a searchable resource database that connects them to the right experts at the right time. Whether filtering resources based on type of assistance, industry, or stage of business, entrepreneurs can connect to the correct resources to support their journey. Additionally, Fairfax CORE includes comprehensive business guides that provide useful information for entrepreneurs and a robust events calendar promoting low and no cost education and networking events. To further encourage wide participation, and in consideration of the county's population, the website is translatable into 58 languages and many of the resource partners are focused on supporting diverse communities.  93% of employer businesses in Fairfax County are small businesses with fewer than 50 employees.  Two-thirds of all new jobs added nationally in the past 25 years have come from small business. Our local small businesses span emerging economic sectors, serve our communities, and contribute to dynamic and unique experiences.   “As we look toward the future, small businesses will continue to be significant contributors towards job creation, economic mobility and economic resiliency.   Fairfax CORE is a vital tool to offer timely information and resources to support this important community”, noted Fairfax County Department of Economic Initiatives Director Rebecca Moudry.  For more information and to explore the resources provided by Fairfax CORE, visit fairfaxcore.com. About the Fairfax County Department of Economic Initiatives The Fairfax County Department of Economic Initiatives (DEI) leads programs and initiatives to foster economic development and position Fairfax County to be an economically competitive and prosperous community for all. DEI delivers innovative solutions to cultivate a diverse and thriving local business base, facilitate development through public-private partnerships that address strategic priorities, and foster an entrepreneurial and innovative ecosystem within the County and the region, building on competitive economic strengths.  Fairfax CORE is the latest addition to Fairfax County's comprehensive set of programs to bolster small businesses. Since 2020, the county has allocated more than $70 million in funding for local business recovery and support. Initiatives such as the Microloan Program, RISE Small Business Grant Program, PIVOT Recovery Grant Program, THRIVE and the Economic Recovery Framework have been instrumental in the county's ongoing economic recovery efforts.  
March 6, 2024
Fairfax County and George Mason University announce a strategic partnership to establish the Accelerate Breakfast Series, regular events that will bring together entrepreneurs and investors for curated pitch opportunities, to support growth of the local entrepreneurial network.  The program will bolster Fairfax County and the region’s start-up ecosystem to drive investment to local companies. The Accelerate Breakfast Series will build upon and complement the three-year success of the annual Accelerate Investor Conference, (Oct. 23-24, 2024) through continued connection among ecosystem partners and preparing local founders for the flagship Accelerate event.  In addition, the program will serve as a platform to showcase regional investors associated with prominent angel investment groups. The first breakfast event will be held April 12, 2024 and be hosted by MITRE in McLean, Virginia with company submissions due by March 22, 2024.  As the anchor organization for this regional effort, Fairfax County will provide $450,000 in funding over a three-year period to start up the program.  “Fairfax County has always been a destination for business, and by strategically utilizing our economic opportunity funding to sponsor forums like Accelerate we can be a catalyst for startup formation, venture investment, and job creation,” said Chairman Jeffrey C. McKay, Chairman, Fairfax County Board of Supervisors.  Arlington and Prince William Counties, as well as many regional business leaders and other local jurisdictions, have also enthusiastically pledged to provide support for this program.   “We are thrilled to expand our services to entrepreneurs in Northern Virginia and are grateful to Fairfax County for their multi-faceted support and trust in Mason Enterprise to help grow the regional economy,” said Paula Sorrell, AVP of Innovation and Economic Development – Mason Enterprise.  Approximately five carefully selected companies seeking seed funding will have the chance to present their business propositions to a diverse group of seasoned investors, fostering connections and paving the way for partnerships. The series will be marketed broadly to ensure availability to a diverse community of founders and investors.  Firms focused on high-growth innovation and technology industries from across Virginia, DC and Maryland will be invited to put forward submissions to participate.  Participating companies will span a wide range of industries, showcasing innovation and talent within the DMV region. Each company will be given a limited time to pitch their ideas, emphasizing crucial aspects of their business, growth potential, and unique value propositions. The Accelerate Breakfast Series welcomes accredited investors, business leaders, entrepreneurs and members of the press who wish to observe the unveiling of this exciting new venture. Attendees will have the opportunity to engage with presenting companies, ask questions and explore potential collaborations. For more information and to register visit the Accelerate Breakfast Series website.  Registration is required for security clearance.   Date: April 12, 2024 7:30AM - Networking & Breakfast 8:00AM - Keynote/Welcome Pitches to follow remarks **Registration is required for security clearance** Location: MITRE - 7525 Colshire Dr, McLean, VA 22102 Robb Auditorium - Building 4 Parking is available in the garage underneath MITRE 4.  After parking, please enter through the MITRE 4 Lobby so that you can go through security and are closest to Robb Auditorium. Detailed directions to the MITRE 4 building can be found on page 4 here.

Upcoming Events

Dec
10

11:30AM, EVENT DESCRIPTION The Board of Supervisors Economic Initiatives…
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