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Amherst County launches small business relief program
The Economic Development Authority of Amherst County (EDA) announced Tuesday the launch of its $500,000 Back in Business grant program, offering small businesses up to $15,000 in funding. The EDA received the funding Department of Housing and Community Development (DHCD) Community Development Block Grant (CDBG) for small business recovery assistance. Small businesses can also apply […]
U.Va. Medical Center snags No. 1 hospital rating for fifth year
University of Virginia Medical Center once again was ranked the best hospital in Virginia by U.S. News and World Report’s annual list of the best hospitals in the nation, which was released Tuesday. “It is an honor to be ranked the No. 1 hospital in Virginia for the fifth consecutive year, and I want to […]
VA awards Arlington tech company $153M contract
The U.S. Department of Veterans Affairs (VA) awarded Arlington-based federal technology contractor CACI International Inc. a six-year contract worth up to $153 million to modernize the department’s legacy financial management system, the VA announced Monday. The VA received three bids for the contract, which was awarded through the General Services Administration’s Information Technology Schedule 70. […][...]
Atlanta firm acquires Reston telecommunications company
Atlanta-based investment company Battle Investment Group has acquired Reston-based telecommunications company Oceus Networks, the company announced Tuesday. A transaction amount was not disclosed. As part of the acquisition, former Oceus Networks CEO Jeff Harman will be promoted to president. Brad Antle, the former CEO of Fa[...]
OneWeb co-acquired by Maryland-based Hughes
Germantown, Maryland-based Hughes Network Systems LLC has joined a coalition with the United Kingdom government and Bharti Enterprises Ltd. of India to acquire London-based OneWeb, which has its U.S. headquarters in McLean, out of bankruptcy. Hughes invested $50 million in the coalition to acquire OneWeb, which has plans to launch a constellation of 650 low […]
Trustify CEO charged with defrauding investors
Daniel Boice, CEO and founder of Arlington-based tech startup Trustify Inc., was charged by federal prosecutors Monday with fraud and money laundering charges related to a scheme to defraud investors of $18.5 million. In a parallel action, the Securities and Exchange Commission also charged Trustify Inc. and Boice with violating the antifraud provisions of the […]
Virginia’s Gateway Region, Community College Workforce Alliance hire workforce development director
Virginia’s Gateway Region (VGR) and the Community College Workforce Alliance (CCWA) announced Monday that Michelle Rogers has been hired for the new joint position of director of workforce development, effective July 6. This is the first time that a regional economic development organization and a community college have pa[...]
State launches $70M fund for small businesses, nonprofits
As businesses and nonprofits continue to encounter hard times, Gov. Ralph Northam announced Monday a $70 million COVID-19 relief fund for small businesses and nonprofit organizations. Called Rebuild VA, the fund will allocate grants of up to $10,000 to about 7,000 applicants, Northam’s office said in a news release. The mo[...]
Mariners Landing has new owners
Smith Mountain Lake housing community Mariners Landing in Bedford County has new owners, Mariners Landing Development Co. LLC announced Thursday. Waller S. Perrow III of Mariners Landing Development Co. LLC did not disclose financial terms for the May sale, saying it was contractually protected. Commercial real estate develope[...]
Carilion completes purchase of Stonewall Jackson Hospital for $10.9M
Roanoke-based Carilion Clinic announced Friday it has completed the purchase of Lexington’s Stonewall Jackson Hospital from the SJH Community Health Foundation. This was the final 20% — valued at $10.9 million — left for Carilion after its initial 2005 investment. With the purchase comes a new name, Carilion Rockbridge[...]
7,697 new COVID-19 cases in state last week; Hampton Roads sees high numbers
Virginia saw a gain of 7,697 COVID-19 cases last week, another gradual increase in the weekly number of new cases. According to the Virginia Department of Health’s statistics Monday, July 23, the state has 86,072 total cases, at a 7.5% positivity rate. The number of virus-related deaths is at 2,082, up 51 from last week […]
Colonial Downs announces leadership changes
The Colonial Downs Group, owner of the New Kent County horse race track and Rosie’s Gaming Emporium, announced Friday Lisa Speller will serve as the company’s vice president of government affairs. Speller, who most recently served as a policy adviser for Gov. Ralph Northam’s administration, will oversee community relat[...]
