Washington DC

The Nation’s Capital

Situated between the states of Maryland and Virginia, the federal capital of the United States was founded in 1791 and was designed by a Franco-American engineer, Pierre Charles L’Enfant, on the banks of the Potomac. The city expands 110 miles and has a population of nearly 660,000, with more than 6.3 million inhabitants in the metro area.

Headquarters of a number of American and international institutions, such as the IMF and the World Bank, the economy has long been dependent on governmental activities. However, the region attracts today new industries, notably in the IT, defense, energy, and health sectors.

At the heart of scientific research

The Washington region brings together dozens of universities, including University of Maryland, Johns Hopkins University in Baltimore, Georgetown University, and George Washington University, and has the highest rate of college graduates of any city in the country.

There exist as well more than 50 institutions centered on research in the region like the National Institute of Health (NIH) and the National Institute of Standards and Technology (NIST), strengthening scientific policy in areas such as health, defense and energy.

Innovation

The region is home to the headquarters of 18 of the Fortune 500 companies, but as well as dozens of enterprises with the largest growth rates in the whole nation, annually generating revenues in the billions of dollars.

The region is also home to more federal laboratories than any other region in the United States, with more than 50 laboratories and institutes covering many of the country’s leading disciplines such as Defense, Aerospace, Security and Intelligence, Advanced Engineering and Information Technology.

The academic and political environment, the technological and human resources, have thus lead to the blossoming of innovation. The region houses today more than 30 incubators and accelerators (1776, PEDC, MACH37, AOL Fishbowl Labs, etc.) all of which host a number of investors.

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