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House lawmakers stifle creative entrepreneurs fund
RICHMOND, Va. — Creativity should be valued as an important part of the Virginia economy, said the state lawmaker behind legislation to create the Virginia Creative Economy Grant Program. Del. Jackie Glass, D-Norfolk, introduced House Bill 2376 to establish a dedicated funding source for grant awards no more than $20,000 each to independent content creators […]
StartVirginia: Feb. 2023 Heard around Virginia
Vienna defense contractor Aeyon is continuing a trajectory of growth and expansion with new work for NASA, and it hopes to open the door to work with other agencies. Aeyon’s latest win is through MM Technologies, a joint venture between Aeyon subsidiary Manufacturing Technical Solutions and Tysons-based MDW Associates. It landed a $516.9 million indefinite-delivery/indefinite-quantity [&hell[...]
757 Angels will partner with VentureSouth
757 Angels, a Hampton Roads angel investment group that matches venture capitalists with local entrepreneurs, is partnering with VentureSouth, one of the largest angel investment networks in the United States. Effective in June, the partnership will provide more access to capital and investors to 757 Angels’ 140 members. Established in 2015 and based in Greenville, […]
StartVirginia: Jan. 2023 Heard around Virginia
Vienna-based Attune‘s indoor air quality sensor is the first North American-made indoor air quality sensor to receive environmental claim validation UL 2905, the company announced Dec. 6, 2022. The validation, from UL Solutions, evaluates sensors for accuracy by measuring multiple air quality parameters, including common pollutants such as total volatile organic compounds, formaldehyde, carb[...]
On your mark
When Virginia Commonwealth University closed its buildings in spring 2020, then-student Julien Reininger wasn’t deterred from his entrepreneurial pursuits. In the kitchen of his parents’ Springfield home, Reininger ran a dehydrator for eight hours at a time, creating vegan jerky from canned jackfruit and developing different marinades. “I’m sure when I started doing it, they [&[...]
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[...]
Valley of the entrepreneurs
The Shenandoah Valley has long been recognized as fertile ground for agricultural endeavors, but it’s now being seeded to grow an entirely different kind of crop — entrepreneurs. During the past few years, local and regional governmental bodies, nonprofits, and private and educational organizations in the valley have been coordinating efforts to create an entrepreneurial […]
AWS boosts women-led startups
Nessle co-founder and CEO Carly Buxton and her chief technology officer have passed up salaries and dipped into their savings to keep the Richmond-based tech business running since its 2019 launch. The Nessle platform connects new parents with real-time tailored support. To keep Nessle running, Buxton applied for grants and participated in two previous accelerators. […]
Coworking hub for entrepreneurs opening in Harrisonburg
The brains behind the Staunton Innovation Hub are working on bringing a new hub to a new city: the $4.5 million Harrisonburg Innovation Hub is expected to open in late 2023, investors and partners announced Tuesday. Harrisonburg “has a very vibrant and growing startup ecosystem in place already, and there’s just a need for it […]
Mighty Dream Day 2: Finding and seizing opportunities
The second day of Pharrell Williams‘ Mighty Dream Forum in Norfolk included poetry, news about Williams’ Something in the Water music festival and advice for entrepreneurs. Just as Mighty Dream’s first day was focused around a central theme of diversity and equity, the second day was largely dedicated to inspiring entrepreneurs to find and create […]
StartVirginia: Oct. 2022 Heard around Virginia
When Russia invaded Ukraine in February, Astraea Inc., a geospatial analytics startup based in Charlottesville, spearheaded an effort to provide free satellite imagery that could be used by Ukraine’s Ministry of Defense, as well as civilians and humanitarian organizations. The company’s platform allows users to see and analyze images of any location on the planet […]
Apex Systems co-founder gives $500,000 to Va. Tech
Virginia Tech’s Apex Center for Entrepreneurs has received a $500,000 donation from Apex Systems co-founder Win Sheridan. A 1994 Tech graduate with bachelor’s degrees in political science and English with a minor in business administration, Sheridan made the donation to help the Apex Center engage with student entrepreneurs through programing, networking and funding, according to [&hel[...]
