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Richmond extends deadline for second small business grant fund
The city of Richmond announced Monday it has extended the deadline for its Richmond Recovers II Grant Program through Dec. 18. The program will provide applicants with grants of $15,000 for COVID-19 pandemic relief and will be funded with $2 million from the city’s CARES Act appropriation. Small businesses other than restaurants, retail and beverage […]
Reston telemed company announces leadership changes
Reston-based telemedicine technology provider SOC Telemed on Monday announced executive leadership appointments and promotions, effective Jan. 4. Hai Tran, who currently serves as chief financial officer and chief operating officer, has been promoted to serve as president and COO. Chris Knibb will join the company as its new CFO. With more than 20 years of […]
U.Va. Darden’s Beardsley recognized as ‘Dean of the Year’ by Poets & Quants
The University of Virginia Darden School of Business announced Monday that Dean Scott Beardsley was named “Dean of the Year” by Poets & Quants, an online publication and forum dedicated to business schools. Poets & Quants recognized Beardsley’s flexible approach to the application process during the pandemic, a[...]
Wise County is first to receive Starlink internet in Va.
Wise County Public Schools announced Monday it is the first school district in Virginia to use SpaceX’s Starlink satellite internet constellation for high-speed internet. Founded by Elon Musk, aerospace company SpaceX designs, manufactures and launches spacecraft and is working to deploy its Starlink system, a constellatio[...]
Va. hospital systems begin receiving COVID vaccine shipments
Sentara Healthcare and Bon Secours Health System received portions of the state’s first shipment of Pfizer Inc.’s COVID-19 vaccine Monday, and other health systems in the state are anticipating delivery later today or Tuesday. Vaccinations are expected to begin for health care workers by Wednesday, according to hospi[...]
Three Hampton Roads community colleges announce job training collaboration
The new Community College Workforce Cooperative (CCWC), a collaboration among three Hampton Roads community colleges, will create a single point of contact for accessing workforce training resources, Virginia Community Colleges (VCCS) Chancellor Glenn DuBois announced Monday. Paul D. Camp, Thomas Nelson and Tidewater community colleges will work together to meet large-scale job training needs for […][...]
Perspecta wins $112M Space Development Agency contract
Chantilly-based federal contractor Perspecta Inc. announced Monday that it has received a potential five-year, $112 million contract to perform systems engineering and integration (SE&I) work for the newly established Space Development Agency (SDA). Work on the project started in late October under an initial $17.8 million task order. Under the contract, Perspecta engineers and architects […][...]
Reston IT company acquires cybersecurity firm
Reston-based information technology company Intelligent Waves LLC announced Monday it has acquired Maryland-based cybersecurity firm Ski Systems Inc. Financial terms of the transaction were not disclosed. Through the acquisition, Intelligent Waves will gain cybersecurity compliance expertise. Intelligent Waves is a service-disabled veteran-owned small business that was founded in 2006 by Jared Shepard, who served in […][...]
MicroStrategy raises $650M to be invested in bitcoin
Tysons-based business software company MicroStrategy Inc. announced Friday it closed a convertible debt offering by raising $650 million, which it plans to use to increase its bitcoin holdings. MicroStrategy estimates the net proceeds from the notes sale will be approximately $634.9 million, which it will invest in bitcoin, according to a company statement. The initial […]
PPP loans could make comeback in time for holidays
Congress could pass a third round of the U.S. Small Business Administration’s Paycheck Protection Program funding just in time for the holidays. A bipartisan group of U.S. senators on Monday introduced a $908 billion coronavirus relief bill, including an estimated $300 billion set aside for another round of PPP funding. In April, the first $349 […]
Hampton University president announces retirement
After 42 years at the helm, Hampton University President William R. Harvey announced Monday he will retire at the end of June 2022. Harvey is one of the nation’s longest-serving university presidents and will retire with 44 years at the 152-year-old historically Black private university. He is the eighth longest-serving un[...]
Hampton industrial building sells for $1.85M
An industrial building in Hampton has sold for $1.85 million, Cushman & Wakefield | Thalhimer announced Monday. The 39,200-square-foot property is located at 2506 58th St. The property is vacant, but the buyer, Reuter 58 LLC, will occupy the building, says Clay Culbreth of Cushman & Wakefield | Thalhimer. Industrial Prop[...]
