Economic Development


Verizon DC's commitment to economic development is stronger than ever. We support economic growth in our community through initiatives and corporate partnerships.

 

Featured Events and Grants

   
     
Verizon was a proud sponsor of tech in motion's Shark Tank: Pitch Edition
 

Tech in Motion-DC's "Shark Tank: Pitch Edition"

Last month, Verizon sponsored Tech in Motion-DC's "Shark Tank: Pitch Edition" at the Microsoft Technology Center in Reston, VA. Five local startups pitched their products to a panel of respected local entrepreneurs, angel investors, venture capitalists, etc. The local companies received a wealth of constructive feedback on their pitches, and the market viability of their products. [ Learn More ]

 

 
Verizon was a proud sponsor of tech in motion's penal discussion

Tech in Motion: Year in Review

Verizon recently partnered with Tech in Motion DC to present "A Year in Review" panel discussion featuring several tech experts who addressed topics ranging from diversity in technology to the state of cyber security. Panelists predicted trends and highlighted key aspects of the impact of advanced technology in the District and beyond. Verizon's David Young, vice president of public policy joined Rob Pegoraro of Yahoo Tech, Laren Maffeo of Aha! Labs, Patrick Merfert of 9Lenses, and Mike Leurdijk of Core Capital on panel discussion. The event took place at 1776, a DC-based global incubator. [ Learn More ]

 

 

 

Key Operational Statistics for the Verizon Family of Companies*

 

Our presence in the District of Columbia:

  • 349 skilled employees work in D.C.
  • We own or operate 35 buildings and locations
  • More than $92 million invested in wireline plant and equipment in 2014*
  • Verizon Wireless invested $537 million in 2014 on network upgrades and expansions in the Washington, D.C./Maryland/Virginia region

 

  • Verizon partners with 280 vendors and suppliers
  • 1,382 Verizon share owners live here
  • 475 Verizon retirees live here
  • Verizon also placed over 3.7 million feet (or 715 miles) of fiber optics in D.C.


2014

* Including Verizon, Verizon Business and Verizon Wireless