Microsoft to create 1,500 new jobs in Fairfax County, VirginiaChristian Fernsby ▼ | May 28, 2020
Microsoft will invest $64 million to establish a new software development and regional hub, which will create 1,500 new jobs.
Fairfax County, Virginia Microsoft
Topics: Microsoft Virginia
Microsoft has had a presence in Virginia since 2002, with corporate locations in Reston and the Richmond area as well as an enterprise data center in Mecklenburg County.
Established in 1975 and headquartered in Redmond, Washington, Microsoft is a publicly held corporation with revenues surpassing $125 billion and nearly 156,000 employees worldwide. The company enables digital transformation for the era of an intelligent cloud and an intelligent edge.
The Virginia Economic Development Partnership worked with the Fairfax County Economic Development Authority and the General Assembly’s Major Employment and Investment (MEI) Project Approval Commission to secure the project for Virginia.
Microsoft will be eligible to receive a MEI custom performance grant of $22.5 million, to be paid post-performance, subject to approval by the Virginia General Assembly. Microsoft plans to utilize the custom performance grant to fund partnerships with local college and universities to develop the tech talent pipeline for cloud computing and related degrees to support its local expansion. ■