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Axios receives $5M in PPP funding
Arlington-based digital media company Axios Media Inc. announced Wednesday it received nearly $5 million in funding from the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), the $349 federal relief fund that ran out of funding on April 16 after 13 days due to overwhelming demand from small businesses [...]
Loudoun County announces $1M small-business relief fund
UPDATED FRIDAY, APRIL 24: The Loudoun County Board of Supervisors allocated an additional $250,000 to its existing $1 million COVID-19 Business Interruption Fund on Thursday, aimed at helping small businesses in the county that have been harmed by the COVID-19 crisis. The board allocated an extra $105,000 for businesses with 3-50 employees, $110,000 for businesses […]
Facebook opens applications for Va. small business grants Wednesday
Facebook Inc. announced Tuesday that it will begin taking applications for its small business grant program in Virginia on Wednesday, April 22. The social media giant opened the program to more than 30,000 businesses in more than 30 countries, including the United States, totaling $100 million. Thirty-one businesses in the Richmond region will receive a […]
Stafford office building sells for nearly $15M
An office building in Stafford sold for $14.725 million, real estate company Colliers International announced Wednesday. The buyer is confidential, according to Colliers, and Stafford property records have yet to release the updated ownership. Golden Eagle Group was the previous owner, having bought the building in June 2018 f[...]
Fairfax County establishes $2.5M small business loan fund
Fairfax County announced Thursday that it has established the Fairfax County Small Business COVID-19 Recovery Fund — a $2.5 million fund to support small businesses that have suffered economic hardship during the pandemic. The recovery fund will make no-interest loans of up to $20,000 to eligible businesses. In order to apply, the small business must […]
Fairfax software company names new COO
Fairfax County-based computer software company 3Pillar Global announced Thursday it had promoted former chief revenue officer Heather Combs to chief operating officer. In her new role, Combs will work on company growth strategies and will continue to oversee development and operations of 3Pillar’s services including marketin[...]
Managing during crisis
Virginia Business virtually sat down with Craig Halliday, CEO of Dulles-based software company Unanet, which provides project management software, timesheet software, expense reporting software and other human resources software to federal government contractors, architects and engineers. This is part of an ongoing series of con[...]
Keeping clean
Virginia Business virtually sat down with Charlene Johnson, owner of Tysons Cleaning LLC, which provides commercial and residential cleaning services in Northern Virginia. This is part of an ongoing series of conversations with Virginians about how their work lives and businesses have changed during the pandemic. Virginia Busine[...]
Closing time
Virginia Business virtually sat down with Mo Choumil, founder and CEO of Fairfax-based ATG Title Inc., which provides title insurance, escrow services and closing services, to see how real estate closings have been affected by the coronavirus crisis. This is part of an ongoing series of conversations with Virginians about how [...]
The ‘stress test’ for data centers
The internet hasn’t blown up — yet. But the primary data center hub of the world — Loudoun County — where more than 70% of all internet traffic passes through the county’s Ashburn area, has seen a 50% spike in daytime broadband consumption since the coronavirus crisis began, says Buddy Rizer, Loudoun County’s e[...]
Reston-based IT company names new CFO
Reston-based information technology company Contegix announced Thursday that it has named Mike Dunn as its new chief financial officer. Dunn was most recently the CFO of systems integrator and managed hosting provider NeoSystems LLC. He has also previously been CFO of Siteworx and Recovery Point Systems. In his new role, he will[...]
NOVA Educational Foundation receives $1M donation
The Northern Virginia Community College Educational Foundation (NOVA Foundation) announced Thursday it has received a $1 million donation from Debra Coffman Howe of Palm Beach, Florida. The funding will go to Howe’s existing endowment fund for NOVA nursing student scholarships and also to the NOVA COVID-19 Emergency Studen[...]
