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Education: Getting their money’s worth
The past year brought more big donations to Virginia’s universities, as well as the installation of a few new presidents, while students and families remained focused on finances and return on investment. In Virginia Business’ August 2023 cover story, “Money machine,” the magazine examined the soaring costs of a four-year degree over the past decades, […]
CAV Angels hits $20 million+ milestone
When Greg and Marion Werkheiser connected with CAV Angels during their search for seed investors for their augmented reality software startup in 2018, the couple reaped benefits beyond an initial $300,000 infusion. “The investment itself gave us credibility to other investors,” says ARtGlass CEO Greg Werkheiser, a 2000 graduate of the University of Virginia School […]
Three Va. biz schools make top 50 in Poets&Quants rankings
Three Virginia business schools placed in the top 50 of 91 schools in Poets&Quants’ 2024 rankings of undergraduate business schools, released Monday. Poets&Quants for Undergrads, an online publication and forum dedicated to business schools, ranks schools by three categories: admissions standards, academic experience and career outcomes. Each category is evenly weighted, although met[...]
U.Va. receives $5M donation for business ethics professorship
The former president and CEO of Canadian Tire Corp. and his wife have committed $5 million to establish a University of Virginia Darden School of Business professorship focused on business ethics. U.Va. President Jim Ryan announced the donation by Stephen and Phyllis Bachand to the Darden School Foundation on Dec. 19, 2023. The university will […]
U.Va. appoints alumna as new law school dean
A professor and former vice dean has been named the next dean of the University of Virginia School of Law, the school announced Monday. Leslie Kendrick, also a U.Va. Law alumna, will succeed Risa Goluboff in July 2024, becoming the second woman to serve as the law school’s dean. Kendrick graduated from the law school […]
3 Va. universities make top 100 in national R&D rankings
The University of Virginia, Virginia Tech and Virginia Commonwealth University landed in the top 100 in the National Science Foundation’s fiscal 2022 rankings by expenditures on research and development. NSF determines the rankings with data from its annual Higher Education Research and Development Survey, which surveys U.S. colleges and universities that expended at least $150,000 […[...]
Gov. proposes $90M to launch ‘Va. Research Triangle’
In a preview of his 2024-26 proposed budget, Gov. Glenn Youngkin announced Monday that he is including $90 million in one-time funds to create “Virginia’s Research Triangle,” a network between the University of Virginia, Virginia Commonwealth University and Virginia Tech to build collaboration in biotechnology, life sciences and pharmaceutical manufacturing. Youngkin‘s bien[...]
U.Va. breaks ground on Manning biotech institute
The University of Virginia began construction Friday on the $350 million Paul and Diane Manning Institute of Biotechnology. Paul and Diane Manning launched the institute with a $100 million donation in January. Paul Manning founded PBM Products, which became the world’s largest privately owned infant formula and baby food business, and sold it to Perrigo […]
Checking in
Neither Radford University nor the University of Virginia had to look far for collaborators on projects that have altered their campus footprints. The universities called on their own foundations to push forward the construction of two new on-campus hotels — The Highlander Hotel Radford and The Forum Hotel at U.Va. — and an upcoming hotel […]
November 2023 Top Five
The top five most-read daily news stories on VirginiaBusiness.com from Sept. 15 to Oct. 13 included news about plans for a second Virginia Buc-ee’s mega-convenience center, this time in Rockingham County. 1 | 44 Virginia schools make U.S. News and World Report’s 2024 list The University of Virginia ranked No. 24 among national universities and […]
U.Va. biz school receives $50M donation from alum
A University of Virginia Darden School of Business alumnus and his wife, also a U.Va. graduate, have added $50 million to an earlier gift of $44 million for the business school, which adds up to the largest donation in Darden’s 68-year history. Philanthropists David and Kathleen LaCross made a $44 million donation in October 2022, […]
44 Va. schools make U.S. News and World Report’s 2024 list
Forty-four Virginia schools ranked on the U.S. News and World Report’s 2024 best lists of more than 600 universities and liberal arts colleges in the country, released Monday. The University of Virginia ranked No. 24 in national universities, tying with Carnegie Mellon and Emory universities and Washington University in St. Louis. U.Va. ranked No. 5 […]
