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VCU Health distribution facility sells for $8M
A Henrico County property fully leased by VCU Health was purchased by an undisclosed investment group for $8.075 million on April 7. Located at 3008 Mechanicsville Turnpike, the 89,931-square-foot property houses nonpharmaceutical medical supplies and equipment for VCU Health. Since mid-February, the property, a former Pepsi distribution facility, has served as Virginia Commonwealth University Hea[...]
Labor market recovery slowed during early February
Labor market recovery slowed during the week of Feb. 7 through Feb. 13, according to Virginia Commonwealth University and Arizona State University economists. Between early January and early February, employment held constant at 68.6%, which is 5.2% lower than it was in February 2020, according to the Real-Time Population Survey conducted by Virginia Commonwealth University […]
Three Va. universities join Cybersecurity Manufacturing Innovation Institute
Virginia Tech announced Thursday it has been named a managing member of the Cybersecurity Manufacturing Innovation Institute (CyManII), an $111 million public-private partnership led by the University of Texas at San Antonio. George Mason University and Virginia Commonwealth University will also participate in the institute. CyManII will enter into a five-year agreement with the U.S. […]
500K Virginians enrolled in Medicaid since 2019 expansion
The Virginia Department of Medical Assistance Services (DMAS) has announced that more than 500,000 Virginians have enrolled in health coverage since expanded Medicaid eligibility rules took effect in January 2019. Virginia was the only state in nation to experience a reduction in its uninsured rate between 2018 and 2019, the first year of the expanded […]
VCU and VCU Health receive $24M gift
The C. Kenneth and Dianne Wright Foundation has donated $24 million to Virginia Commonwealth University and VCU Health, the university announced Friday. The gift was made in honor of the late C. Kenneth “Ken” and Dianne Wright, who died in 2019 and 2013, respectively. They were longtime supporters of VCU and VCU Health, with philanthropic […]
‘From K to grey’ – Bank of America donates $100K to VCU for tech talent pipeline
Continuing a yearslong partnership with Virginia Commonwealth University, Bank of America has awarded a $100,000 grant to the school’s College of Engineering Foundation to focus on establishing data science talent pipelines. The idea behind the grant is to develop interest in computer science and other STEM programs for “K to grey,” says VCU College of […]
Labor market continued slow recovery in early November
The labor market continued its slow recovery during the week of Nov. 8, according to Virginia Commonwealth University and Arizona State University economists. Early November saw 69.9% of working age adults employed, which is still far below the 73.8% employment rate from February right before the pandemic, according to the Real-Time Population Survey conducted by […]
VCU raises $841.6M in record fundraising campaign
Virginia Commonwealth University announced Thursday it raised more than $841.6 million through its Make It Real Campaign — exceeding its goal of $750 million and marking the university’s largest campaign to date. The campaign launched publicly in September 2016 after a silent period that began in 2012. It closed this June, a year after it […]
ODU, EVMS, Sentara name partnership executive director
Old Dominion University, Eastern Virginia Medical School (EVMS) and Norfolk-based Sentara Healthcare announced Tuesday that Kevin Leslie has been named executive director of its new partnership, the Hampton Roads Biomedical Research Consortium (HRBRC). The HRBRC was recently approved by Gov. Ralph Northam and the General Assembly with a goal of strengthening relationships among the three […[...]
Richmond braces for election impact
RICHMOND, Va. — Organizations and residents in Richmond are bracing for potential activity related to the U.S. presidential election results. Richmond city officials said they will work with local and state partners to ensure public safety during and after the election. “We encourage all residents to peacefully participate in our democracy and observe public health […]
Va. allocates $116M CARES funding for higher ed
As public universities and medical centers have depleted previously allocated federal dollars, Gov. Ralph Northam is directing more than $116 million in federal CARES Act funding to higher education institutions in Virginia, the governor announced Tuesday. Funding will go to public universities and medical centers in support of telework, distance learning, personal protective equipment, sanitizati[...]
Labor market continues recovery in mid-October
Despite ongoing pandemic struggles, the labor market continued to improve during the week ending Oct. 17, but at a slower pace than at the start of the recovery, according to Virginia Commonwealth University and Arizona State University economists. Early October saw 68.4% of working age adults employed, a more than 8% increase compared with April, […]
