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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Hampton Roads Business Guide September 28, 2023

Inc. 5000 2023 rankings

In July, the following Hampton Roads companies were named among the nation’s fastest growing companies based on verified annual revenues from the past three years, according to Inc. magazine. Read more about local Inc. 5000 winners.  

Agriculture 2023: NEIL A. HOUFF
Virginia 500 September 28, 2023

October 2023 Virginia 500 Spotlight: NEIL HOUFF

FIRST JOB: Feeding calves on the family farm MOST VALUED POSSESSION: My faith in Jesus. All else will be gone at some point. HOW I UNWIND FROM WORK: Mowing the lawn or mowing pastures on our farm HOW I BALANCE MY WORK AND PERSONAL LIFE: My work and personal life have always been intermingled and […]

News September 28, 2023

StartVirginia: October 2023 Heard Around Virginia

Aravenda, a Fairfax e-commerce software company targeting consignment shops and resellers, landed a spot in the latest women founders cohort of the Google for Startups Accelerator. Aravenda’s software helps consignment and resale shops track inventory and manage payouts to people who sell there. Customers can use the software to build websites and manage inventory across […]

out & about September 28, 2023

October 2023 Out and About

1. L to R: Justine Gayle, vice president of Booz Allen Hamilton’s business services team; Booz Allen Hamilton President and CEO Horacio Rozanski; and Norfolk Economic Development Interim Director Sean Washington cut the ribbon on Aug. 15 for a delivery hub expanding the firm’s Business Services Center at its Norfolk office. Photo by Stephanie Kalis/Booz […]

Start Virginia September 7, 2023

StartVirginia: September 2023 Heard Around Virginia

McLean-based Affect Therapeutics, a substance addiction therapy startup, raised $16 million in a Series A funding round to expand its operations and further develop its mobile app. The company delivers therapy and treatments for specific substance use disorders through its app. The company plans to use much of the money it raised to expand into […]

Arts | Entertainment | Sports 2023: CORAN CAPSHAW
Virginia 500 August 30, 2023

Arts | Entertainment | Sports 2023: CORAN CAPSHAW

Capshaw, the founder of 32-year-old music management company Red Light Management, is the driving force behind a newly approved 7,500-capacity riverfront amphitheater in Richmond. The $30 million project, expected to open in 2025, has drawn comparisons to Colorado’s famed Red Rocks Amphitheatre. Capshaw also developed the Ting Pavilion on Charlottesville’s Downtown Mall and the Ascend [...]

Federal Contractors | Technology 2023: JIM BRINKER
Virginia 500 August 30, 2023

Federal Contractors | Technology 2023: JIM BRINKER

Brinker runs Intel’s Fairfax-based federal contracting arm, overseeing strategy, business development, sales, contracts, program management and engineering. A University of Florida graduate, Brinker joined Intel in 2015 as director of extreme scale computing, and was promoted to his current position in 2019. Before that, he was a vice president at Silicon Graphics Federal. Brinker is [&helli[...]

Retail | Wholesale | Food | Beverage 2023: ARIE KOTLER
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: ARIE KOTLER

In June, Arko, the nation’s sixth largest convenience store chain, with more than 1,500 company-operated stores in 30 states, made the Fortune 500 list for the second time, ranked at No. 460, 38 places higher than its 2022 debut. The parent company of Henrico-based GPM Investments, Arko brought in $72 million in net income in […]

Finance | Insurance 2023: JEFF WRIGHT
Virginia 500 August 30, 2023

Finance | Insurance 2023: JEFF WRIGHT

Well into his second year as CEO of the German travel insurance and assistance company’s U.S. subsidiary, Wright carries with him a “love for extreme technical financial concepts” that led him to choose a career in the insurance industry. Wright earned his bachelor’s degree from the University of Richmond and his MBA at the University […]

Government | Politics 2023: WINSOME EARLE-SEARS
Virginia 500 August 30, 2023

Government | Politics 2023: WINSOME EARLE-SEARS

Earle-Sears wanted to be a lawyer, but after being accepted to law school, she had a change of heart, she says, and then “life got in the way.” Instead, she served in the U.S. Marine Corps, was elected to a term in the House of Delegates, managed a homeless shelter and spent a decade as […]

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Top Stories

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

Sen. Lashrecse Aird speaks during a June 16, 2026, news conference announcing Virginia's cannabis recreational sale framework, along with Gov. Abigail Spanberger and Del. Paul Krizek. Photo by Kate Andrews/Virginia Business

Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered in[...]

Gov. Abigail Spanberger touts the state's support for Jefferson Lab during a June 12 groundbreaking event for the Jefferson Lab Data Center. Photo by Josh Janney

Spanberger backs House budget, but data center tax fight divides Democrats

Gov. Abigail Spanberger said she supports the Virginia House of Delegates proposal of an "expansive"[...]

John G. Rocovich Jr. talks with cadets during the Distinguished Alumni of the Corps award ceremony in 2025. Photo courtesy Virginia Tech

Rocovich sues Spanberger, seeks reinstatement on Virginia Tech board

Less than two weeks after being removed from the Virginia Tech's Board of Visitors, John Rocovich su[...]

Private schools’ graduation numbers remain stable

Trey Falwell sues Liberty for $1.75M

Jerry “Trey” Falwell III is suing Liberty University for $1.75 million, alleging the school brea[...]

People

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

9/6/2026

Hampden-Sydney College President Larry Stimpert. Photo courtesy Hampden-Sydney College

Hampden-Sydney president to retire next year

8/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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