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economic development

Sep 21, 2020

Va. Beach Economic Development, 1701 Coworking select entrepreneurship program participants

Virginia Beach Economic Development and Virginia Beach-based 1701 Coworking announced Friday it has selected two participants for its three-month Entrepreneur-in Residence (EIR) program.  Kate Johnson with Heritage Business Services and freelance educator Meghan Raftery were selected for the program, which provides training in hiring, strategic planning and other business practices.  “The entr[...]

Sep 21, 2020

Northam expands $70M Rebuild VA program

Gov. Ralph Northam announced Monday that the $70 million economic recovery program Rebuild VA is expanding its eligibility criteria to allow more small businesses to apply for economic relief grants.  Under the Rebuild VA program, which launched in August, businesses that received federal CARES Act funding are now eligible to receive up to $10,000 in […]

Sep 17, 2020

Four Va. localities earn Main Street designation

Gov. Ralph Northam announced Wednesday that the towns of Cape Charles, Onancock, Tappahannock and Tazewell have joined the Virginia Main Street Program, which, through the Department of Housing and Community Development (DHCD), provides services to strengthen downtown communities. Designated towns must participate in an application process to receive services including market analysis, marketplace[...]

Sep 15, 2020

Academy launched to help 20 NoVa tech firms pivot for COVID-19

McLean-based Amplifier Advisors and a group of university, government, corporate and community partners on Tuesday announced the launch of the Tandem Product Academy, which will assist a cohort of 20 Northern Virginia tech companies to pivot their business models to respond to the COVID-19 economy. The four-month program, set to start on Oct. 21, is […]

Aug 29, 2020

Economic Development

TAYLOR ADAMS DIRECTOR, VIRGINIA BEACH DEPARTMENT OF ECONOMIC DEVELOPMENT VIRGINIA BEACH Under Adams’ leadership, Virginia Beach has seen several company expansions and relocations over the last year, even in the current economic crisis. In June and July alone, nine companies announced they would either locate facilities or expand in the city. Ranging from manufacturing and […]

Former Volvo Trucks exec launches commercial vehicle company
Aug 20, 2020

Former Volvo Trucks exec launches commercial vehicle company

The former chief operating officer for Volvo Trucks North and South America, Patrick Collignon, announced Wednesday that he has launched Trova Commercial Vehicles (TrovaCV), located in Pulaski County’s Fairlawn area. The company will focus on the engineering, design and production of fully electric commercial vehicles, with a goal to achieve cost-effective mass production. “This is [&helli[...]

Aug 14, 2020

T-Mobile invests $30M to relocate customer center to Henrico

T-Mobile US Inc. will invest $30 million to relocate one of its customer experience centers to the former Sam’s Club on Laburnum Avenue in Henrico County, creating up to 500 jobs, Gov. Ralph Northam announced Friday. “T-Mobile has been a valued employer and partner to the commonwealth for many years and we are proud that […]

Aug 13, 2020

10 Va. companies graduate from VEDP’s export trade program

Gov. Ralph Northam announced Thursday that 10 Virginia companies have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) program, which now has more than 300 graduated companies.  The VALET program helps Virginia companies to establish domestic operations for exports and encourages using international exporting as a growth strategy[...]

Aug 11, 2020

$17M greenhouse coming to Goochland County

Gov. Ralph Northam announced Tuesday that Greenswell Growers Inc. will invest more than $17 million to build a commercial hydroponic greenhouse in Goochland County, creating 27 jobs. “Greenswell Growers’ decision to establish a new greenhouse operation in Goochland County is a great win for the region and the commonwealth,” Secretary of Commerce and Trade Brian […]

Aug 11, 2020

State awards $278K to COVID-19 economic recovery projects

Gov. Ralph Northam announced Tuesday that the state has awarded $278,000 among 18 economic revitalization projects in Virginia as part of the state’s COVID-19 economic recovery plan. “Downtown districts are the lifeblood of our communities and our local economies and they need our support now more than ever,” Northam said in a statement. “Main Street […]

Sample image for destination marketing organizations to use for campaigns. Photo courtesy Virginia Tourism Corp.
Jul 22, 2020

Playing it safe

The Virginia Tourism Corp.’s DMO WanderLove Recovery Grant Program will award $866,000 in grants to 90 destination marketing organizations that were heavily impacted by the pandemic, Gov. Ralph Northam announced Wednesday.  Each recipient will receive a maximum grant of $10,000, which can be used for efforts including participating in VTC co-ops, local advertising and out-of-state […[...]

Jul 15, 2020

Fairfax adds $20M to small business relief fund

The Fairfax County Board of Supervisors announced Wednesday it has directed an additional $20 million in funding to its Fairfax Relief Initiative to Support Employers (RISE) relief program — bringing its total funding to $46 million aimed at helping small businesses and nonprofits during the pandemic. The funding comes from the federal Coronavirus Aid, Relief […]

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