Va. receives $230M for startup, venture capital funding
Virginia has been approved for as much as $230.4 million in federal funds to accelerate startups, the U.S. Department of Treasury announced Tuesday. The money comes from the Treasury’s State Small Business Credit Initiative (SSBCI). Virginia will operate five programs, including two loan participation, one loan guarantee and two equity/venture capital programs. Loan programs include [&hellip[...]
Talking shop
Charis Jones, by any measure, is a major success. Her online retail brand, Sassy Jones, was the top-ranking Virginia business on the 2020 Inc. 5000 list of the fastest-growing U.S. private companies, based on its 2019 growth. The Richmond-based fashion accessories and beauty e-commerce company reaped $14 million in revenue last year, three-and-a-half times its […]