Retention & Expansion

aerial view of empty land available for development

Business Retention & Expansion Program

The Development Corporation of Richmond (DCR) is dedicated to working with existing businesses to assist in their success. The DCR seeks to understand the needs of local businesses, respond to those needs, and help address any local issues that may be a roadblock to the local businesses success. 

If you are a local business owner who would like assistance in order to expand your operations or to address a potential issue that is hindering your business, then please contact us.

Business Retention & Expansion Services

The goal of the business retention and expansion (BRE) program is to:

  • Increase the competitiveness of the business 

  • Expand or add new jobs

  • Create continuity plans in order to survive economic difficulties

  • Connect the business to networks 

  • Linking existing businesses to sources of capital

 The DCR assists local businesses in their success by making targeted investments in local infrastructure, developing skills in the local workforce, and providing assistance with permitting and licensing.