More than its monuments and museums, Washington, DC is a force in innovation, developing cutting-edge research across the engineering, AI, cybersecurity, and data science sectors. With 20+ college and universities in the DC metro area, more than 61% of adults hold a bachelor’s degree or higher, compared to 35% nationally. The District also offers incredible quality of life. Ranked as the #1 Park System in the US, 98% of DC residents live within a 10-minute walk to a park. 25 DC restaurants received Michelin stars in 2024. And our 74 historic and world-class museums, along with 60 theater and performing arts venues—21 free Smithsonian institutions—is unparalleled.
A Global City
Unlock the potential of global markets by choosing Washington, DC as your gateway to international business. With the presence of esteemed institutions such as the World Bank, International Monetary Fund, and over 175 embassies and policy organizations, Washington, DC stands as a hub of global influence. Our thriving business community is home to a diverse range of foreign corporations, with 577 companies originating from places like the United Kingdom, Canada, France, Japan, and Egypt, among others.
Targeted Clusters
These fields are thriving thanks to the District’s exceptional talent pool, dynamic business environment, proximity to influential decision makers, and diverse population.
Workforce & Demographics
Washington, DC is a city that thrives on its people, ingenuity, and the platform it provides for making global impacts. Our workforce is a powerhouse of talent and education. With a median age of 35, our workforce consistently ranks among the top in categories such as entrepreneurial and tech talent, women in technology, and experienced local executives.
DC is renowned for attracting top global talent, resulting in a robust and diverse workforce. Our emerging leaders often come from within the city, benefiting from a strong public charter school system and access to over 20 colleges and universities. In fact, we have the second highest concentration of educational institutions in the country, ensuring a steady supply of talented individuals.
As the District’s emerging industries continue to flourish, we are committed to further developing our workforce pipeline. The city is investing more resources to support this growth, ensuring that employers have access to a rapidly expanding talent pool. DC’s workforce is known for its passion, intelligence, and inclusivity, making it an ideal environment for businesses seeking exceptional employees.
Transportation & Infrastructure
Business in Washington, DC moves quickly, and the District’s highly capable transportation and resilient infrastructure systems enable others to do just that.
Consistently ranked among the best cities for public transportation, DC offers a network known for its efficiency, affordability, and diversity. The DC Metrorail serves over 600,000 commuters daily, ensuring smooth and convenient travel in and out of the city for work. When it comes to venturing beyond the District, three major airports—Reagan National, Dulles International, and Baltimore-Washington International—provide numerous daily non-stop flights to domestic and international business hubs, facilitating seamless connections.
Properties & Sites
From emerging neighborhoods to a high density of LEED-certified buildings and the presence of 25 Opportunity Zones, Washington DC is brimming with opportunities for investors and business owners.
No matter the nature of your business, whether you’re seeking to relocate a headquarters operation, open a new storefront, or establish your first U.S. office, Washington, DC is the ultimate choice for growth. The city’s vibrant and dynamic environment, coupled with the support and opportunities available, make it an exceptional destination to nurture and expand your business.
Business Incentives
Doing business in Washington, DC has its obvious perks – highly educated labor supply, global accessibility, and connections to influencers and policymakers. Companies choosing the District can contribute to the stable and diverse economy by optimizing their growth potential with the city’s attractive financial incentives.
You may be eligible for a range of incentives designed to support your growth and expansion. These incentives can include tax credits, grants, rebates, certifications, and access to special capital improvement financing. Exploring the additional benefits offered by the District allows you to tap into opportunities for investment in areas such as technology, sustainability, workforce development, housing, and retail.
At WDCEP, we are here to guide you in finding the right economic incentives that align with your business objectives, helping you make the most of available resources. Together, we can create jobs, contribute to the District’s economic vitality, and build an even stronger and more sustainable future for Washington, DC.
Top Incentives
For a comprehensive list, visit obviouslydc.com
- Vitality Fund. A performance-based grant that helps attract and retain high-growth companies in Washington, DC. It supports firms that create jobs, invest in office space, and commit to a strong in-person presence—boosting innovation, employment, and downtown vibrancy across the District.
- Growth Fund. Businesses that don’t meet the thresholds for Vitality Fund, may be eligible for Growth Fund. While Vitality Fund serves as our corporate business attraction tool for larger established companies, the Growth Fund targets smaller companies and start-ups looks to relocate or expand in DC.
- DC Venture Capital Program. The DC Venture Capital Program fuels the next generation of Washington, DC innovation—investing up to $26 million in early-stage tech companies and unlocking at least $52 million in total capital through public-private partnerships. Managed by K Street Capital, the program connects high-potential founders with the funding, networks, and momentum they need to grow in the nation’s capital.
- Office To Anything Program. The Office‑to‑Anything Program invites developers to reimagine under-utilized office buildings in central Washington, DC by offering up to a 15-year property tax freeze for conversions to vibrant non-residential uses—like retail, hotels, entertainment or upgraded office space
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