Economic Development

Are you interested in investing or doing business in Richmond Hill?

Richmond Hill is a great location to start and grow your business. A vibrant community, full amenities in nature, arts, recreation and culture create a high quality of life, contributing to a vibrant local economy. Not only are small and medium sized businesses able to thrive here, but we are also home to multiple head offices who are all part of our innovation ecosystem.

The Economic Development division is a key source of information, support, education and networking opportunities, resources and more all geared to help you and your businesses succeed in Richmond Hill.

Why should I do business in Richmond Hill?

Meet our Economic Development team

Learn about Richmond Hill's Key Sectors

Key Sectors and Subsectors in Richmond Hill

Richmond Hill has four key business sectors: Professional Scientific and Technical Services, Health, Finance and Insurance, and Information and Culture. You can learn more about each of these key sectors and subsectors.

Professional Scientific and Technical Services with a focus in Electronics, IT and Environmental
Health with a key focus in Digital Health and Medical Devices
Finance and Insurance with a key focus in Fintech and Alternative Financial Services
Information and Culture

Our Economic Development team helps all businesses. With the majority of companies operating in one of our four key sectors, staff understand these industries and the support needed to grow these sectors.

Economic Development Testimonials

Richmond Hill is home to many world class businesses. Find out why leaders of top companies choose to call Richmond Hill, The Smart Place for Business, home. From its robust talent pool, central location, access to major transportation routes, and exceptional quality of life, here's why you'll want to be part of Richmond Hill's thriving business community. Visit the Economic Development YouTube Channel to view more of our client testimonials!

Major employers in Richmond Hill

Many well-known companies are located right here in Richmond Hill!

The companies below are Richmond Hill's 20 largest employers who chose Richmond Hill, "The Smart Place for Business".

Head Offices in Richmond Hill

Professional, Scientific and Technical Services

Health

Finance and Insurance

Information and Culture

Automotive

Other

Upcoming intakes and events

Richmond Hill's Economic Development Department hosts and participates in a number of events throughout the year. Please visit the events calendar to see all our exciting upcoming events!

Centre for Local Innovation and Collaboration (CLIC)

CLIC is not currently accepting applications. CLIC allows businesses to tap into our innovation ecosystem to harness the power of creativity and applied design research to expand their business operations. Learn more about this program and apply by visiting our CLIC page.

Summer Company

Applications for Summer Company 2025 will open in Spring of 2025. Do you have an idea that you are super excited to bring to life or a business you are inspired to start? Are you a student who is interested in learning what it would be like to be your own boss? This may be a great opportunity for you. Learn more visiting our Entrepreneurship Funding Programs page.

Small Business Enterprise Centre

To help you and your business, our Small Business Enterprise Centre (SBEC) offers a variety of seminars and events, as well as business support services.