Gathering power
While working on a cellular tower a few years back, Kyle Mullins got what he describes as the “call of a lifetime” — an invitation to work on the first two pilot wind turbines for Dominion Energy’s Coastal Virginia Offshore Wind project. A Navy veteran who received a telecommunications technical certification from Texas A&M University, […]
Son’s cancer fight inspires startup
The sight of Neal Piper’s then-3-year-old son, Noah, stuck on the couch all day, tethered to an IV pole with a feeding tube after the boy’s cancer diagnosis in 2019 put his father on a new mission. Piper, who had 15 years of experience in commercializing health care products, including 10 years in sales, marketing […]
StartVirginia: August 2023 Heard Around Virginia
Two Virginia business owners were among 20 women entrepreneurs chosen in June out of 6,500 applicants to participate in a 10-week accelerator sponsored by Allergan Aesthetics, the maker of Botox. Monika Jefferson, CEO and founder of the Hampton Roads-based Association of Military Spouse Entrepreneurs, which provides networking and resources to military spouse business owners, and […]
Activation Capital plans $53M innovation center in Richmond
Activation Capital, a Richmond-based innovation incubator, will redevelop a 102,000-square-foot innovation center in the Bio+Tech Park in downtown Richmond, Cushman & Wakefield | Thalhimer and Activation Capital announced Friday. The 34-acre park, at Eighth and E. Leigh streets, is a commercial life sciences hub adjacent to the Virginia Commonwealth University Medical Center and has more [&hel[...]
Startup competition expands to SWVA
Rural communities need extra love when it comes to additional business resources, says Kathy Deacon, vice president of business and resource development for the Vinton-based Advancement Foundation. The foundation has been running “The Gauntlet,” a business program and pitch competition, since 2015, expanding it into Southwest Virginia this year. Since the program is run online, […]
Pivot points
Talk to those on the front lines of startups — entrepreneurs, investors and those running incubators and accelerators — and one word comes up over and over: pivot. If an entrepreneur isn’t able or willing to be flexible, chances are poor their business will succeed. “Those unduly connected to what they started with must understand […]
Starting small
Randal Wimmer became a multi-millionaire based off a contract proposal he wrote at his kitchen table and at a Northern Virginia Starbucks. A Navy veteran, Wimmer started his own government contracting firm, McLean-based Analytic Strategies, in 2003. It took three-and-a-half years and a lucky business connection for the company to win its first subcontract — […]
The ol’ college try
Snacks and energy drinks are often the fuel for young entrepreneurs burning the midnight oil while perfecting their pitches and products. But for some University of Richmond students, snacks and energy drinks are their products. Grace Mittl, a 2022 UR graduate, is co-founder and CEO of Absurd Snacks, a food allergy-friendly trail mix devised during […]
Lynchburg center to lift entrepreneurs
Months before its opening in late summer or early fall, Lynchburg’s new Center for Entrepreneurship already has gathered about 15 applications from local business owners and professionals seeking to mentor those launching or looking to grow their own companies. That’s a positive sign, says Stephanie Keener, executive director of the Lynchburg region’s Small Business Development [[...]
Commentary: Compete to win through innovation
Innovation and startups are key elements of a vibrant and healthy economy. Startups are responsible for most of the significant technological breakthroughs in recent years, and these new businesses create jobs, drive market competition and lead to a higher standard of living. Virginia has helped launch many great innovation success stories in key industries, including […]
The stuff of dreams
Whether it’s aiming to solve a problem, build a better mousetrap or simply make a better life for themselves and their families, entrepreneurs start their businesses with a dream. And it’s in recognition of these visionary innovators that Virginia Business is pleased to debut StartVirginia, a new annual publication devoted to startups and the entrepreneurial […]
The elevator pitch
Virginia’s startup scene is rich with new businesses as diverse as the regions of the commonwealth. Virginia Business asked startups to send us their best pitches for what makes their businesses innovative, and we’ve spotlighted some of our favorites below. BABYLON MICRO-FARMS Richmond CEO: Alexander Olesen Founded: 2017 Capital raised: $15 million Employees: 35 About […]