Hampton, Va. – Governor Terry McAuliffe announced today that Liberty-Source PBC will invest $1.56 million to establish an operation at Fort Monroe in the City of Hampton and bring 596 new jobs.
The company, whose business model centers on hiring from the military community, handles business processing for companies, and will provide finance, accounting, human resources, customer care and additional support services for its clients.
“Liberty-Source PBC is a tremendous addition to the Hampton Roads region,” Governor McAuliffe said. “The company’s delivery model is centered on employing staff from the U.S. military community, and Fort Monroe and the City of Hampton have a long and storied military history. In addition to active duty men and women in Virginia, thousands exit the military each year in the Commonwealth, and Liberty-Source will make a great social and economic impact providing opportunities to valuable government assets.”
Liberty-Source is a business process outsourcer (BPO) delivering finance and accounting, human resources, customer care and specialized industry solutions for clients.
“Our unique operating model provides clients a solution unlike anything else on the market,” said Deborah Kops, Chairman, Liberty-Source. “As an onshore BPO, Liberty-Source provides clients agile, tailored solutions which can deliver the spectrum of their business process needs.”
A Public Benefit Corporation (PBC), Liberty-Source is for-profit, yet designed as a responsible and sustainable enterprise, managed for the benefit of its clients, its shareholders and the broader public interest.
“Virginia is the ideal location to headquarter a BPO operation,” said Steve Hosley, president and CEO of Liberty-Source. “With over 30,000 active military from all 5 branches in the greater Hampton Roads area, Fort Monroe provides us access to a highly skilled and dedicated workforce.”
The Virginia Economic Development Partnership worked with the City of Hampton, the Fort Monroe Authority, and the Hampton Roads Economic Development Alliance to secure the project for Virginia. Governor McAuliffe approved a $300,000 grant from the Governor’s Opportunity Fund to assist Hampton with the project. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“We’re thrilled to welcome Liberty-Source to Fort Monroe,” said Glenn Oder, Executive Director of the Fort Monroe Authority. “The company’s hiring of military veterans and family members of our active duty service men and women is admirable. That makes it even more meaningful that they can call Fort Monroe home.”