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Recent Articles from Sydney Lake
Chester shopping center sells for $4.04M
A shopping center in Chester has sold for $4.04 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Wednesday. The strip mall, Centralia Crossing, is located at 9801 Chester Road and its anchor tenant is Food Lion, which recently extended its lease. The property sold by Berman Kappler Properties was 86% leased at the […]
80k+ Virginians filed jobless claims last week
More than 80,000 Virginians filed initial claims for unemployment last week, down nearly 21% from the previous week, according to a news release issued Thursday by Virginia Unemployment Commission. During the week that ended April 18, Virginia saw 82,729 workers file for unemployment, bringing the most recent five-week total for jobless claims to 493,501 — […]
Fairfax NAACP teams up with local nonprofit to aid small businesses
The nonprofit Virginia 30 Day Fund and the Fairfax County NAACP announced Thursday they have launched a partnership to provide funding to minority-owned small businesses in Northern Virginia that have been hurt economically by the COVID-19 crisis. The Virginia 30 Day Fund was founded two weeks ago by Pete Snyder, a technology entrepreneur and CEO […]
Perspecta Labs wins $14.5M Army contract
Chantilly-based government contractor Perspecta Inc. announced Wednesday that its research arm, Perspecta Labs, has landed a $14.5 million U.S. Army contract to use machine learning to develop a suite of capabilities for the Army to protect against cyberattacks. The project was awarded by the Army’s Combat Capabilities Development Command (CCDC), which does research, engineering and […]
Axios receives $5M in PPP funding
Arlington-based digital media company Axios Media Inc. announced Wednesday it received nearly $5 million in funding from the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), the $349 federal relief fund that ran out of funding on April 16 after 13 days due to overwhelming demand from small businesses hurt by the COVID-19 crisis. “This […]
Loudoun County announces $1M small-business relief fund
UPDATED FRIDAY, APRIL 24: The Loudoun County Board of Supervisors allocated an additional $250,000 to its existing $1 million COVID-19 Business Interruption Fund on Thursday, aimed at helping small businesses in the county that have been harmed by the COVID-19 crisis. The board allocated an extra $105,000 for businesses with 3-50 employees, $110,000 for businesses […]
Danville Community college names public relations, marketing director
Danville Community College has hired Faith O’Neil as its director of public relations and marketing. O’Neil was most recently the senior manager of customer development and marketing at Sentara Halifax Regional Hospital. During her career, she has specialized in crisis communications, media relations and strategic planning. A Southern Virginia native, she attended Danville Community Colleg[...]
Focused Ultrasound Foundation names managing director
The Focused Ultrasound Foundation, based in Charlottesville, announced Tuesday that it has named Patrick Edelmann as its managing director. Edelmann was most recently an executive at New York City-based investment management company BlackRock Inc. He received his bachelor’s degree from Vanderbilt University and his master’s degree in business administration from the University of Virginia. [...]
Virginia Tech develops in-house COVID-19 testing
Virginia Tech researchers announced Wednesday they have developed in-house COVID-19 testing kits and lab processing services to assist Southwest Virginia health departments with patient testing. Test results can be returned to the health departments as soon as same day. The initiative is being led by Dr. Michael Friedlander, Tech’s vice president of health sciences and technology […]
Charlottesville Chamber launches local economic recovery initiative
The Charlottesville Regional Chamber of Commerce on Tuesday announced the launch of Project Rebound, a local economic recovery initiative to address the COVID-19 economic crisis. The project, hosted by The Chamber and economic offices at the University of Virginia, Albemarle County and the city of Charlottesville, aims to bring together local businesses to discuss challenges […]
