Sign In
Free Newsletter
Recent Articles from Sydney Lake
Community colleges, businesses partner to get Virginians back to work
The Virginia Ready Initiative (VA Ready) announced Monday a program that will provide stipends for unemployed Virginians to attend community college programs in an effort to find new industry jobs and overcome coronavirus-related economic hardships. “We have people who need work and companies who need employees, so Virginia’s community colleges and employers are coming together [&helli[...]
United Way of Greater Charlottesville teams up with Va. 30 Day Fund
The United Way of Greater Charlottesville announced Monday it has partnered with the Virginia 30 Day Fund with a goal to disburse $100,000 in funding to local early education centers, family day homes and minority-owned businesses facing financial challenges due to COVID-19. The United Way has made an initial $24,000 seed grant to the Virginia […]
New state program to provide rent, mortgage relief
Gov. Ralph Northam announced Monday the launch of a $50 million state program to provide relief for people facing eviction or foreclosure due to the pandemic. Federal funding from the Coronavirus Aid, Relief, and Economic Security (CARES) Act is being directed to the Virginia Rent and Mortgage Relief Program (RMRP). “Expanding access to safe, affordable […]
Richmond Airport CEO named secretary, treasurer of American Assoc. of Airport Executives
The Alexandria-based American Association of Airport Executives (AAAE) announced Friday its 2020-21 leadership board, which includes Richmond International Airport President and CEO Perry Miller, who was tapped as the organization’s secretary and treasurer. Kelly Campbell, executive director of aviation at the Lubbock Preston Smith International Airport in Texas, will serve as chair. Other[...]
Nearly 29K essential workers exposed to COVID-19
The United Food and Commercial Workers International Union (UFCW) said Friday that, among its 1.3 million members, 238 front-line workers have died from COVID-19 and nearly 29,000 workers have been infected or exposed to the virus. UFCW represents more than 10,100 workers in Virginia’s grocery stores, meatpacking plants and other essential businesses. “With our country […]
Lumber company to invest $11M in Caroline County
Gatesville, North Carolina-based lumber company Ashton Lewis Lumber Co. will invest $11 million to establish a specialty Southern yellow pine sawmill in Ruther Glen (part of Caroline County), Gov. Ralph Northam announced Friday. The company has also committed to sourcing 90% of its pine lumber purchases from Virginia forestland owners as part of the investment. […]
‘Our chance to restart and reinvent’
As part of its COVID-19 economic recovery initiative Project Rebound, the Charlottesville Regional Chamber of Commerce on Thursday released a blueprint outlining recovery action steps for the business community. Produced by Big Four accounting firm KPMG LLP, the “Blueprint for Economic Resiliency and Reinvention in the Greater Charlottesville Region” maps out recovery action steps based [&he[...]
Loudoun County funds 400 additional small businesses
Loudoun County Economic Development on Tuesday randomly selected 400 local small businesses to each receive $5,000 COVID-19 Business Interruption Fund grants, totaling $2 million. The funding was allocated from the $36.1 million in federal funding to Loudoun County from the Coronavirus Aid, Relief and Economic Security (CARES) Act. “Nearly 1,100 Loudoun businesses have a better […]
Reston security firm acquired by French company
Reston-based managed security firm Paladion will be acquired by Bezons, France-based information technology company Atos. A transaction amount was not disclosed. “We found with Paladion a mature team and advanced technology built to deliver outcomes and reduce customers risks,” Pierre Barnabé, Atos senior executive vice president and head of big data and cybersecurity, said in […]
Arlington stock media company acquired by Boston firm
Arlington-based stock media company Storyblocks will be acquired by Boston-based private equity firm Great Hill Partners, the companies announced Thursday. A transaction amount was not disclosed. “We have seen dramatic changes to workflows for customers ranging from freelancers to small businesses to major production studios in recent years as they adapt to an ever-increasing demand [&he[...]
