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Pandemic housing market has fewer sellers, higher sales prices
Virginia Business virtually sat down with Larry “Boomer” Foster, president of Long & Foster Real Estate, to get the current pulse on the real estate market in Virginia. The most recent data published was reflective of March real estate transactions in Northern Virginia, but Foster shared insight from the most up-to-date [...]
Metro to use downtime for construction on Orange, Silver lines
Metro will close nine stations in Northern Virginia to perform construction work on the Orange and Silver lines this summer, the Washington Metropolitan Area Transit Authority (WMATA) announced Thursday. The projects come at time when Metro service has been drastically limited as a result of the COVID-19 pandemic. According to WMATA, its ridership was down […]
Fairfax NAACP teams up with local nonprofit to aid small businesses
The nonprofit Virginia 30 Day Fund and the Fairfax County NAACP announced Thursday they have launched a partnership to provide funding to minority-owned small businesses in Northern Virginia that have been hurt economically by the COVID-19 crisis. The Virginia 30 Day Fund was founded two weeks ago by Pete Snyder, a technology entrepreneur and CEO […]
Perspecta Labs wins $14.5M Army contract
Chantilly-based government contractor Perspecta Inc. announced Wednesday that its research arm, Perspecta Labs, has landed a $14.5 million U.S. Army contract to use machine learning to develop a suite of capabilities for the Army to protect against cyberattacks. The project was awarded by the Army’s Combat Capabilities Dev[...]
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 busines[...]
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 mark[...]
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[...]
