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UiPath donates $16.4M in software licenses to GMU business school
New York City-based software developer UiPath has donated $16.4 million in software licenses to George Mason University’s School of Business for students to learn robotic process automation (RPA) technologies, the university announced Wednesday. RPA configures computer software for users to integrate human interaction actions in digital systems for business processes. With RPA, robots can capture […][...]
Bill banning holding cellphones while driving clears House, Senate
RICHMOND, Va. — The state Senate voted Tuesday in favor of a bill that would prohibit holding a phone while driving a motor vehicle on Virginia roadways and which implements a penalty for the traffic violation. House Bill 874 will head to the desk of Gov. Ralph Northam, who has voiced support for prohibiting the […]
City of Richmond moves up in general obligation debt rating
Moody’s Investors Services upgraded the city of Richmond’s general obligation debt rating to Aa1, its second-to-highest creditworthiness rating, Richmond Mayor Levar Stoney announced Tuesday. A city’s credit rating determines the amount that a locality may borrow for capital projects, including schools. The city has not received an upgrade since 2014. With this change in rating, […]
Virginia Values Veterans program certifies 1,000th employer
Reston-based computer software company Carahsoft Technology is the 1,000th employer to earn certification from the state government’s Virginia Values Veterans (V3) program, Gov. Ralph Northam announced Tuesday. Administered by the Department of Veterans Services, the V3 program is designed to connect Virginia veterans to t[...]
Bill seeks to clarify workers’ rights for pregnant, lactating employees
For employees who are pregnant or lactating, their workers’ rights are sometimes viewed as vague and can be difficult to discern for them and business owners alike. In Virginia, Sen. Jennifer McClellan, D-Richmond, hopes to clear things up once and for all. Her bill, SB712, is designed to expand upon the federal law that protects […]
Northam announces $292.5M revenue windfall
A mid-session revised revenue forecast has resulted in the state government projecting a windfall of $292.5 million in additional revenues for fiscal year 2020, which ends on June 30, Gov. Ralph Northam said in a letter on Friday to the General Assembly Money Committees. According to state statute, $112.3 million of that $292.5 [...]
Warner, Kaine announce nearly $95 million for Va. affordable housing
Nearly $95 million in federal funding has been earmarked for affordable housing in Virginia, U.S. Sens. Mark R. Warner, D-Virginia, and Tim Kaine, D-Virginia, announced Friday. The funding comes from the U.S. Department of Housing and Urban Development through four grant programs, including the Community Development Block Grant (CDBG) program, the HOME Investment Partnerships (HOME) […]
General Assembly snuffs marijuana legalization hopes for now
RICHMOND, Va. — Going into the 2020 legislative session, advocates say Democratic leaders had an ambitious marijuana reform agenda. By crossover day, several decriminalization bills passed their respective chambers, but hopes of legalization went up in smoke. Lawmakers, who say that the state isn’t ready for legalization[...]
Three-building office portfolio in Chesapeake sells for $8.4M
Three office buildings in Chesapeake have sold for $8.4 million, according to an announcement Thursday from Toronto, Ontario, Canada-based commercial real estate company Colliers International. The three-building portfolio in the Greenbrier submarket was sold by Virginia Beach-based Davenport Group Real Estate Inc./Lefcoe Develo[...]
McLean defense contractor wins $248M Navy contract
McLean-based defense contractor Alion Science and Technology Corp. was awarded a $248 million Navy contract, the company announced Thursday. The contract is for the Navy Continuous Training Environment (NCTE) for architecture development. Alion will provide research, development and engineering to develop architecture for advanced warrior training at Fleet Warfighting and Training Commands. “It is imperative […][...]
NoVa tech companies selected for $159 million Air Force contract
Vienna-based information technology company MicroTechnologies LLC and Reston-based Agile Defense Inc. have been awarded a $159 million Air Force contract to provide communications support, the companies announced Thursday. The task order was awarded by the U.S. Air Forces Central Command (AFCENT) Combined Air and Space Operations Center (CAOC). “We look forward to working alongside Agile […][...]
VCU receives $2.5M grant to extend battery life development
Virginia Commonwealth University researchers will receive a $2.5 million research grant from the U.S. Department of Energy (DOE) to develop long-lasting rechargeable batteries, the university announced Thursday. VCU researchers believe they can significantly extend battery life, drive down costs and reduce safety risks by redesi[...]
