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Richmond

May 30, 2024

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[...]

Hampden-Sydney College President Larry Stimpert announces the $20 million gift at the college's Board of Trustees dinner on May 10. Photo by Zach Bettis.
May 14, 2024

Hampden-Sydney College receives $20M pledge

Richmond-based Endeavour Legacy Foundation has pledged $20 million to Hampden-Sydney College, the second largest gift in the college’s history. The college will use the gift, announced Tuesday, toward renovating its former science center, Gilmer Hall, into an academic facility housing the economics and business, and government and foreign affairs departments. The two departments are currentl[...]

Aerial shot of a building and water.
May 13, 2024

VDOT buys Owens & Minor’s Hanover HQ for $33.5M

The Virginia Department of Transportation has purchased the Mechanicsville headquarters of Owens & Minor for $33.5 million, with plans to move the state agency’s central office there in summer 2025. Much of VDOT’s staff will move from the Annex building at 1401 E. Broad St. into the new building at 9120 Lockwood Blvd. in Hanover […]

Mid-century modern building. Round
May 13, 2024

This iconic, round office building in Richmond’s Museum District sold for $1.2M

One of Richmond‘s most Instagram-worthy buildings has sold for $1.2 million. Located on the corner of Thompson Street and Floyd Avenue in the Museum District,  the 1950s-era, circular building previously served as headquarters for Ellwood Thompson’s Local Market, a local organic grocer. The building sold on April 23 but Cushman & Wakefield | Thalhimer announced […]

A group of students in white lab coats talk with a professor wearing a white lab coat.
May 9, 2024

VCU launches pharmaceutical sciences undergrad degree

Graduate school isn’t a prerequisite for a career in the pharmaceutical industry.  Virginia Commonwealth University’s new Bachelor of Science in Pharmaceutical Sciences (BSPS) degree will prepare students to step into pharma jobs like quality assurance technicians, research technologists and laboratory technicians, according to Kelechi “K.C.” Ogbonna, dean of VCU’s S[...]

Lighthouse Labs leader has ‘deep heart for entrepreneurship’
Apr 29, 2024

Lighthouse Labs leader has ‘deep heart for entrepreneurship’

Explaining how she became involved in supporting entrepreneurism, the new managing director of Richmond-based accelerator Lighthouse Labs jokes that “it was all accidental.” As a James Madison University senior putting herself through school, Debbie Irwin couldn’t find a class that lined up with her work schedule, so her dean suggested writing a senior thesis instead. […]

Making headway
Apr 29, 2024

Making headway

With recent expansions nearly complete, and a new Southwest Virginia port under consideration, it’s been a busy year for the commonwealth’s inland ports. The industrial market from Hampton Roads to Richmond has expanded in terms of industrial space available, says Devon Anders, president of the Harrisonburg-based InterChange Group and chair of the Virginia Maritime Association’s [...]

The insiders
Apr 29, 2024

The insiders

The new leadership of The Martin Agency, a nationally prominent Richmond-based ad agency that counts GEICO and UPS among its clients, isn’t so new. Danny Robinson, who has been with the 400-person agency for 20 years and served as chief creative officer for the last three, succeeded Kristen Cavallo as Martin’s CEO this year, but […]

Fahrenheit Advisors announces new COO
Apr 24, 2024

Fahrenheit Advisors announces new COO

Richmond-based consulting firm Fahrenheit Advisors has added Kris Cravey to its executive ranks. Cravey, formerly chief people officer at Virginia Beach-based DroneUp, will be chief operating officer at Fahrenheit Advisors, the company announced Tuesday. In his new role, he will take primary responsibility for overseeing the execution of Fahrenheit Advisors’ strategy, growth and client servi[...]

Two women pose in front of a VABCC logo.
Apr 17, 2024

Virginia Black Chamber to host first govcon conference

The founders of the Virginia Black Chamber of Commerce decided to provide a venue for Black business owners to learn how to find success with government contracting.  “We wanted to just bring together all of our business owners or people who are interested in potentially looking into local, state and government contracting,” said Tracey J. […]

Jason Konvicka. Photo courtesy Allen & Allen
Apr 17, 2024

Allen & Allen announces new president

Jason W. Konvicka is succeeding Edward L. Allen as president of Allen, Allen, Allen & Allen, the Richmond-based law firm announced April 11. Konvicka joined the personal injury firm as a trial attorney in 2000 and became a shareholder in 2006. Allen led the firm as president for the past six years and will continue […]

Atlantic Union Bank President and CEO John Asbury
Apr 1, 2024

Atlantic Union completes $507M purchase of American National

Richmond-based Atlantic Union Bankshares completed its acquisition Monday of Danville-based American National Bankshares, parent company of American National Bank and Trust. Based on the $35.31/share closing price Thursday of Atlantic Union common stock, the transaction value was approximately $507 million, according to Atlantic Union’s news release Monday. The deal was announced in July 202[...]

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