Where is SVT Robotics Choosing to Expand?

IMG_2271-16x9-Virginia

SVT Robotics is expanding its current location in Right to Work Norfolk, Virginia. This is yet another great example of how Right to Work states foster business growth opportunities. In order to complete the expansion, the company is investing $101,400 toward the project. They also plan to create 37 new jobs. So this is great news for the area’s economy!

From Area Development Magazine:

“We are thrilled by the ongoing efforts from the Commonwealth of Virginia and the City of Norfolk to create an environment that is extremely friendly to tech startups. […] The VJIP jobs grant will make it easier for SVT to create tech jobs right here in Virginia. The ability to recruit the best technical talent is the lifeblood of tech companies. We applaud Virginia’s efforts to create strong tailwinds for firms like SVT.†[…]

“SVT Robotics’ proprietary software advances the technology industry and creates jobs of the future, and we applaud the company’s vision and success,†said Secretary of Commerce and Trade Brian Ball. “Norfolk has fostered the business and innovation environment needed to propel small tech businesses like SVT forward, and we look forward to continuing our partnership with the company and the City in this next phase of growth.â€

AREA DEVELOPMENT MAGAZINE

To read more updates on Right to Work states, click here.

Categories