Charlottesville regional chamber names prez and CEO
Natalie S. Masri will assume the role of president and CEO of the Charlottesville Regional Chamber of Commerce on June 1, the chamber announced Tuesday. She succeeds Andrea Copeland, who has served as the chamber’s interim president since February and will become the chamber’s chief operating officer. Masri most recently founded Brave May LLC, a […]
Hampton Roads’ Retail Alliance appoints new CEO
Jenny Crittenden is the new president and CEO of the Retail Alliance, making her the second woman to be president and CEO of the Hampton Roads nonprofit trade association in its 120-year history. The Norfolk-based alliance’s board of directors appointed Crittenden, formerly the organization’s senior vice president, on Feb. 16. Crittenden succeeds Ray Mattes, who […]
NY foundation invests $10M in Appalachian Community Capital
Appalachian Community Capital, a Christiansburg-based community development financial institution that provides capital for small businesses across the Appalachian region, will receive an additional $10 million investment in the form of a low-interest loan from the Ford Foundation, the New York-based nonprofit announced Wednesday. The Ford Foundation initially invested $3 million in ACC in 2015. A[...]
Va. CEOs say labor shortages, inflation hurting business
Labor shortages and inflation are negatively impacting Virginia businesses, and expectations for sales, employment and capital spending are less positive than during the previous two quarters, according to the third quarter CEO Economic Outlook Survey by the University of Richmond’s Robins School of Business and the Virginia Council of CEOs (VACEOs). More than 80% of […]
Sharing the wealth
Virginia small businesses are getting a piece of the biggest highway construction pie ever baked by the Virginia Department of Transportation: the $3.9 billion Hampton Roads Bridge-Tunnel expansion project. Since April 2019, VDOT has awarded 313 contracts worth a collective $455 million to companies that qualify under the Disadvantaged Business Enterprise (DBE) and Small, Women-owned, […]