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Roanoke/New River Valley

Aug 19, 2020

Montgomery County, Blacksburg, Christiansburg launch small business relief grants

Montgomery County and the towns of Blacksburg and Christiansburg on Wednesday launched a grant fund to support small business recovery in response to COVID-19. Eligible businesses can receive one-time grants of up to $27,500. The Small Business Recovery grant program is funded by the federal Coronavirus Aid, Relief, and Economic[...]

Michael Christian. Photo courtesy Ferrum College
Aug 6, 2020

Ferrum College receives $100K gift

Ferrum College alumnus Michael Christian donated $100,000 to his alma mater, which will establish the Michael T. Christian ’63 Center for First-Year Experience at the school. The center — intended to connect incoming first-year students to professors, mentors and classmates — will be located in the college’s library and [...]

Jul 31, 2020

Lee Enterprises plans newsroom cuts at Virginia publications

The Daily Progress newspaper in Charlottesville will lay off its four-person copy desk in early October, as Iowa-based owner Lee Enterprises eliminates local jobs in favor of a consolidated copy desk in Indiana or Wisconsin, according to a memo sent to affected employees Friday. The cuts at The Daily Progress are possibly just the beginning […]

Radford University President Brian Hemphill is expected to cut millions from the school’s budget. Courtesy photo
Jul 29, 2020

Radford faces budget cuts, tough decisions

Due to the pandemic, Radford University is faced with an unprecedented strain on its budget, which is likely to cause faculty and staff layoffs. Because of state budget cuts, the university is faced with an $8.1 million decrease in funding over the next two fiscal years. And at the same time, Radford administrators predict the [[...]

Photo courtesy Mariners Landing Development Co. LLC
Jul 27, 2020

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[...]

Keith Holt. Photo courtesy Virginia Tech — Montgomery Executive Airport
Jul 23, 2020

Virginia Tech — Montgomery Executive Airport names director

The board of directors for the Virginia Tech — Montgomery Executive Airport (VTMEA) announced Thursday that Keith Holt has been named as airport director, effective July 27. VTMEA is a regional authority that includes Virginia Tech, Montgomery County and the towns of Blacksburg and Christiansburg.  Holt has been hired to repl[...]

Jul 16, 2020

Roanoke airport commission buys 17 acres for $2M+

The Roanoke Regional Airport Commission, which owns the Roanoke-Blacksburg Regional Airport, has purchased 17 acres of undeveloped land surrounding the airport for $2.25 million, Roanoke-based Poe & Cronk Real Estate Group announced Tuesday.  The sale includes 3.7 acres at the intersection of Municipal and Aviation Drive, 4.6 acres at the intersection of Thirlane and Tom […]

Jul 13, 2020

Roanoke startup KlariVis names CTO

Art Lucia, co-founder of InfernoRed Technology Inc., is joining KlariVis, a data analytics startup based in Roanoke, as its chief technology officer, KlariVis announced Monday. Founded in February 2019 and launched nationally in January, KlariVis has developed a proprietary software platform for banks to analyze data. Lucia serv[...]

Jul 6, 2020

Roanoke County launches small business relief grants

The Roanoke County Economic Development Department announced Monday it has launched a $1 million small business grant program to help businesses suffering from COVID-19 closures in the county and the town of Vinton. The program is being funded through the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act and wil[...]

Jul 2, 2020

Fleetwood Homes launching $2.1M expansion in Rocky Mount

Homebuilding company Fleetwood Homes will invest $2.1 million to renovate and expand its Rocky Mount facility, creating 60 jobs in Franklin County, Gov. Ralph Northam announced Thursday. “Fleetwood Homes has been a valued employer in Virginia more than 50 years, and we are proud to see the company reinvest in Franklin County,” Northam said in […]

Jul 1, 2020

2020 RAMP cohort chosen

Roanoke-based business accelerator RAMP — the Regional Acceleration and Mentoring Program — announced the selection of six high-growth startups as part of its fourth round of training. The companies are taking part in workshops that test the viability and marketability of their products before they enter a larger market. RAMP is focused on companies in […]

Jul 1, 2020

The Branch Group CEO resigns

Roanoke-based construction company The Branch Group Inc. announced Wednesday that CEO Will Karbach has resigned. Ron Oakley, the current chairman of the board, will serve as interim CEO, effective immediately. Upon the announcement Wednesday afternoon, The Branch Group had not provided a reason for Karbach’s departure and [...]

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