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Building support
Gov. Glenn Youngkin made headlines last December when he announced a $90 million-plus pitch to launch “Virginia’s Research Triangle.” Initially envisioned as a cooperative initiative among Virginia Commonwealth University, Virginia Tech and the University of Virginia, the triangle was expanded into more of a rhombus following the addition of Old Dominion University to the research [&hell[...]
Ecosystem insights
Leaders from across Virginia’s entrepreneurial ecosystem discuss investing in new companies, challenges facing startups and advice for success. RASHEEDA CREIGHTON EXECUTIVE DIRECTOR, JACKSON WARD COLLECTIVE FOUNDATION, RICHMOND WHAT LED TO YOU CO-FOUNDING JACKSON WARD COLLECTIVE FOUNDATION? JWC Foundation’s mission is to learn, grow and own in the Black community. The organization bega[...]
The retail experience
Twisted Branch Tea Bazaar on Charlottesville‘s Downtown Mall entertains its Tea Club members with monthly tastings, while nearby New Dominion Bookshop offers story times and “Friday Night Writes,” an event featuring emerging writers. And about a mile north at McIntire Plaza, outdoor gear and clothing consignment shop High Tor Gear Exchange has hosted outdoor equipment […]
Student sues U.Va., alleging antisemitism
A Jewish undergraduate student is suing the University of Virginia, its president and rector, and two pro-Palestinian organizations, alleging that he was “a victim of hate-based, intentional discrimination, severe harassment and abuse, and illegal retaliation” at U.Va., according to a federal lawsuit filed May 17. Matan Goldstein, who completed his freshman year at U.Va. this […[...]
Forty applicants vying for Shenandoah medical marijuana license
Forty complete applications were received for conditional permits to operate as the state’s sole licensed pharmaceutical processor of medical cannabis for a region including the Shenandoah Valley, as well as the cities of Charlottesville and Fredericksburg and the counties of Spotsylvania and Stafford, according to the Virginia Cannabis Control Authority. Each company paid an $18,000 [&helli[...]
U.Va. opens School of Data Science building
Billed as a “school without walls,” the University of Virginia’s School of Data Science officially inaugurated its first dedicated academic building Friday, five years after the school started. “I was a little surprised and somewhat disappointed, if I’m being honest, when I came here yesterday for a tour and I realized [school without walls] was […]
L3Harris announces $41.2M Orange County expansion
Florida-based aerospace and defense contractor L3Harris Technologies announced on Thursday a $41.2 million expansion and modernization of its Aerojet Rocketdyne facility in Orange County, with plans to add 80 employees. Over the next three years, L3Harris also plans to construct new facilities and buy new equipment for the facility, according to a statement from the […]
Charlottesville’s Astraea acquired by Fla. satellite company
Astraea, a Charlottesville-based geospatial analytics firm, has been acquired by Nuview, a Florida-based company developing a satellite imaging constellation, the companies announced Tuesday. Financial terms of the deal were not available. Founded as a for-profit benefit corporation in 2016, Astraea applies data science and artificial intelligence to analyze imaging and sensor data gathered from E[...]
Three Va. biz schools make top 50 in Poets&Quants rankings
Three Virginia business schools placed in the top 50 of 91 schools in Poets&Quants’ 2024 rankings of undergraduate business schools, released Monday. Poets&Quants for Undergrads, an online publication and forum dedicated to business schools, ranks schools by three categories: admissions standards, academic experience and career outcomes. Each category is evenly weighted, although met[...]
Cushman & Wakefield | Thalhimer promotes two SVPs
Two Cushman & Wakefield | Thalhimer commercial brokerage first vice presidents have been promoted, the Glen Allen-based real estate firm announced Friday. Wick Smith and Jenny Stoner are now senior vice presidents. Smith joined Thalhimer’s Virginia Beach office in July 2015 and specializes in retail sales and tenant representation. He works with operators of regional shopping […]
Jim Price Auto Group sells last dealership
Charlottesville-based Jim Price Auto Group has sold its Chevrolet dealership — its final franchise — to Malloy Auto Group. Financial terms of the transaction were not disclosed. Price Chevrolet is located on more than 10 acres on Seminole Trail in Charlottesville, according to a Tuesday news release from auto dealer sell-side adviser Kerrigan Advisors, which […]
U.Va. receives $5M donation for business ethics professorship
The former president and CEO of Canadian Tire Corp. and his wife have committed $5 million to establish a University of Virginia Darden School of Business professorship focused on business ethics. U.Va. President Jim Ryan announced the donation by Stephen and Phyllis Bachand to the Darden School Foundation on Dec. 19, 2023. The university will […]
