Silicon Valley 2.0?

Is the DMV region becoming the next Silicon Valley? Dice senior editor Nick Kolakowski examines this question in a Dice article, referring to a new study by management-software firm Carta that says technologists around the Washington, D.C. region make 97 percent of what their colleagues around San Francisco earn. This hints at a strong level of demand for tech talent and a strong tech-industry culture to go with it, he wrote. “Northern Virginia has become a magnet for the industry, with the Dulles Technology Corridor continuing its growth along the Silver Line and Amazon HQ2 going up in Arlington,” according to Axios.

“With more than 17,000 tech companies already here in Northern Virginia, we have become a leading tech and innovation hub,” said Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority, and chair of the Northern Virginia Economic Development Alliance. “We offer unparalleled access to a highly educated and diverse workforce with more than 60 regional universities and colleges with an annual enrollment of more than 400,000. Virginia Tech and George Mason Universities are building innovation campuses here, investing $1.5 billion in the tech talent pipeline. And we have nearly five times the data center capacity of Silicon Valley! All this coupled with our safe and amenity-rich communities where companies, individuals and families can thrive, Northern Virginia has an extraordinary package to offer.”