Virginia’s Biotech Industry Gains Another Asset: Virginia Biosciences Health Research Corp.

Friday, 8 February 2013 13:11 by Info@YesVirginia.org
This week, the Virginia Biosciences Health Research Corporation (VBHRC) announced its establishment to foster scientific research and provide a venue for public/private partnerships with Virginia’s leading universities...

This week, the Virginia Biosciences Health Research Corporation (VBHRC) announced its establishment to foster scientific research and provide a venue for public/private partnerships with Virginia’s leading universities.

The five founding universities include Eastern Virginia Medical School, George Mason University, University of Virginia, Virginia Commonwealth University and Virginia Tech. VBHRC will also include an 11-member Project Management and Oversight Panel as well as a 13-member Board of Directors.

VBHRC’s mission is to encourage industrial partnerships and increase corporate-sponsored research at Virginia’s universities to augment the Commonwealth’s growing biotech industry. VBHRC’s ultimate goal is to develop life sciences technology that can be used to start new companies and create jobs.

The research focus of VBHRC includes bioinformatics and medical informatics, point of care diagnostics, and drug discovery and delivery.

VBHRC joins a list of leading research institutes in the Commonwealth, including SRI International, the Howard Hughes Medical Institute, 11 Federally Funded R&D Centers, and 20 FLC Laboratories.

Virginia continues to gain recognition for its life sciences industry and was recently ranked the No. 2 Emerging Biotech Hub in Business Facilities’ 2012 State Ranking Report. With its central location in the mid-Atlantic life sciences corridor and strong technology and life sciences workforce, Virginia is home to nearly 800 biotech companies.

To learn why the private sector has invested almost $2 billion in Virginia’s life sciences industry over the last decade, click here.

Microsoft Announces $348 Million Expansion to Virginia Data Center Campus

Wednesday, 6 February 2013 10:36 by Info@YesVirginia.org
Last week, Microsoft announced plans to invest $348 million to expand its latest generation data center campus in Mecklenburg County, Va., creating 30 new jobs...

Last week, Microsoft announced plans to invest $348 million to expand its latest generation data center campus in Mecklenburg County, Va., creating 30 new jobs.

Fueled by strong customer demand for its cloud services, this investment will allow Microsoft to construct two additional buildings on its existing Mecklenburg County campus. In 2010, Microsoft announced a $499 million investment to establish this facility, followed by a $150 million expansion in 2011, bringing Microsoft’s total investment in this location to almost $1 billion.

With its modular technology and advanced cooling mechanics, the Mecklenburg County location is one of Microsoft’s most advanced data centers. In addition, Microsoft is purchasing renewable energy credits to offset all carbon emissions at the site.

Southern Virginia’s ability to provide a world-class data center location is due in part to infrastructure developed by the Mid-Atlantic Broadband Cooperative (MBC). Established several years ago to support underserved areas, today MBC owns and operates more than 1,500 miles of fiber optic network in Southern Virginia as well as a long-haul fiber network.

Virginia continues to be a prime location for data centers—data processing was the dominant sector for investment in the Commonwealth in 2011, at more than $960 million. Offering companies both the advanced broadband infrastructure and highly-skilled technical workforce, Virginia is poised to continue its growth in this sector.

In addition, the Commonwealth’s favorable electricity rates and Retail Sales and Use Tax Exemption on computer equipment used in data centers provide a strong competitive advantage to companies.

To learn why more than 700 data processing and hosting establishments have selected a Virginia location, click here.

Virginia Recognized as Top State for Green LEED Certifications in 2012

Monday, 28 January 2013 15:06 by Info@YesVirginia.org
Last week, the U.S. Green Building Council (USGBC) ranked Virginia as the top state for Leadership in Energy and Environmental Design (LEED) certifications in its annual ranking...

Last week, the U.S. Green Building Council (USGBC) ranked Virginia as the top state for Leadership in Energy and Environmental Design (LEED) certifications in its annual ranking.

In 2012, Virginia certified 170 projects, which encompassed 29.7 million square feet of LEED-certified space. With 3.71 square feet of certified space per capita, the Commonwealth moved up two places from last year.

Cooper Vineyards of Louisa County was recognized as the first winery on the East Coast to achieve LEED Platinum status.

USGBC is an international organization made up of 77 chapters, 13,000 member organizations, and 181,000 LEED professionals with a mission to build a more sustainable future.

USGBC manages LEED, one of the most renowned green building programs in the world. LEED provides certification programs for the efficient and environmentally-friendly design, construction and operation of a variety of buildings. According to USGBC, LEED certifies 1.6 million square feet of building space each day.

LEED-certified spaces not only offer a healthier environment, the efficiency gains yield a direct impact to a company’s bottom line. Virginia’s leadership in this area illustrates the Commonwealth’s innovative approach to providing a competitive environment in which companies can do business.

To learn more about Virginia’s unique combination of resources and why businesses have succeeded in the Commonwealth for more than 400 years, click here.

JMU Helps Build Virginia’s Cyber Security Workforce

Thursday, 24 January 2013 09:40 by Info@YesVirginia.org
Virginia’s cyber security capabilities span the Commonwealth, and one such hub is located around James Madison University (JMU) in the Shenandoah Valley Region...

Virginia’s cyber security capabilities span the Commonwealth, and one such hub is located around James Madison University (JMU) in the Shenandoah Valley Region.

With an information security program that began in 1999, JMU’s Computer Information Systems (CIS) program was ranked 9th among all Information Systems programs by Bloomberg Businessweek in 2012.

JMU prepares students for cyber security careers with an impressive offering of undergraduate and graduate programs that allow students to earn National Security Agency and Department of Homeland Security certificates along the way. Employers are taking notice—JMU graduates are being snapped up by marquee IT and consulting firms, including IBM, CGI, Accenture, Deloitte, KPMG, PWC, as well as a number of government agencies.

One of the more unique aspects of the CIS programs at JMU is the level of engagement among students and the community. 

On campus, JMU students participate in student clubs that compete nationally, such as the Computer Forensics Group and the Cyber Defense Club. In addition, the JMU Association of Information Technology Professionals (AITP) Student Chapter is the largest AITP student chapter in the U.S. AITP is the leading worldwide society of professionals in the IT industry.

JMU also engages the community through Cyber Defense Boot Camp, a summer program for high school technology teachers, and CyberCity, a program introducing disadvantaged high school students to careers in the CIS field.

Home to the Institute for Infrastructure and Information Assurance, JMU has partnered with George Mason University, the University of Virginia, and other public and private sector institutions on more than 60 research projects in the information security field.

With Virginia universities at the forefront of cyber security research and education, the Commonwealth’s workforce is well-positioned to maintain its top ranking with the highest concentration of high-tech workers, according to Cyberstates 2011.

To learn more about Virginia’s world-class IT and cyber security capabilities across the Commonwealth, click here.

VSU Part of Team Awarded $400 Million U.S. Army IT Contract

Tuesday, 15 January 2013 13:54 by Info@YesVirginia.org
Virginia State University (VSU) recently announced it was selected as part of a 16-member team awarded a $400 million IT contract with the U.S. Army...

Virginia State University (VSU) recently announced it was selected as part of a 16-member team awarded a $400 million IT contract with the U.S. Army.

The Information Technology Services-Small Business (ITS-SB) contract was awarded by the Army Contracting Command-National Capital Region (ACC-NCR) and the Army Computer Hardware, Enterprise Software and Solutions (CHESS) groups as part of a competitive bid process.

The selected partners will support the U.S. Army’s enterprise infrastructure needs by providing a full spectrum of innovative IT services and solutions.

Eight of the 16 selected partners are based in Virginia, including lead-company Tantus|OnPoint. The other Virginia companies/institutions are: Advanced Resource Technologies Inc., CACI, Lunarline Inc., Strohmeir Consulting LLC, Systems Integration & Management Inc., VSU, and Zenetex LLC.

According to VSU, the university will provide support in the areas of Information Assurance, Independent Verification & Validation, Internet Protocol Version 6, Migration and Integration Services, and Warranty and Maintenance.

VSU was selected as one of only two universities to participate in the partnership. The university has a strong legacy of supporting U.S. Department of Defense contracts.

VSU has received multiple accolades for its innovation in IT. VEDP blogged last year about VSU’s Reginald F. Lewis School of Business winning three awards for its “Digital at the Core” initiative, which delivers core curriculum through digital textbooks, MP3 audio chapters, MP3 study guides, and downloadable quizzes and flashcards.

Founded in 1882, VSU is an example of Virginia’s premier higher education system that partners with companies to prepare students with the technological training and skills they will utilize upon entering the workforce.

To learn more about Virginia’s highly skilled workforce and world-class education programs, click here

Prince William County Science Accelerator Augments Virginia’s Booming Biotech Industry

Wednesday, 9 January 2013 10:46 by Info@YesVirginia.org
The Prince William County Science Accelerator recently opened its doors, offering an innovative location for early stage life sciences companies in the Northern Virginia region...

The Prince William County Science Accelerator recently opened its doors, offering an innovative location for early stage life sciences companies in the Northern Virginia region.

The 9,000-square-foot facility offers companies wet lab space for lease that can be built-out to meet specific client needs. Building on the existing industry cluster in the region, the Science Accelerator is expected to serve as a catalyst, accelerating the growth of smaller life sciences companies.

The Science Accelerator is located at Innovation Technology Park, a world-class research and technology park in Prince William County. Anchored by one of George Mason University’s campuses, the 1600-acre corporate park is 20 miles from Washington Dulles International Airport and 30 minutes from the Capitol Beltway. The high-tech hub is home to numerous corporate and institutional clients, including the Virginia Department of Forensic Science, the FBI Northern Virginia Resident Agency, Mediatech, ATCC, and the GMU/NIH Biosafety Research Lab.

Another example of the many successful public-private partnerships in Virginia, the Science Accelerator was developed by the Prince William County Department of Economic Development, Rinker Design Associates P.C., and NAL Research.

Virginia has recently gained recognition for its life sciences industry as the No. 2 Emerging Biotech Hub in Business Facilities’ 2012 State Rankings Report. The Commonwealth offers companies a central location in the mid-Atlantic life sciences corridor combined with access to leading research institutes, including SRI International, the Howard Hughes Medical Institute, 11 Federally Funded R&D Centers, and 20 FLC laboratories.

To learn why nearly 800 life science companies have chosen a Virginia location, click here.

A view of the Prince William Science Accelerator at Innovation Technology Park. Courtesy of Prince William County.

William & Mary Unveils the Commonwealth Center for Energy and the Environment

Tuesday, 8 January 2013 10:37 by Info@YesVirginia.org
This December, The College of William & Mary opened its new Commonwealth Center for Energy and the Environment to foster an interdisciplinary approach for teaching and researching environmental issues.

This December, The College of William & Mary opened its new Commonwealth Center for Energy and the Environment to foster an interdisciplinary approach for teaching and researching environmental issues.

Open to all William & Mary faculty, the center will function as both a think tank and research incubator that integrates disciplines including the natural sciences, law and policy, social sciences and the humanities.

In 2013, the center will support up to three short-term Environmental Enquiry Groups to define and explore direction for future research and teaching opportunities. Once topics are approved, the center will support the development of Long Term Environmental Quest groups for more advanced study.

William & Mary is already home to the School of Marine Science/Virginia Institute of Marine Science (SMS/VIMS), a leading institution specializing in coastal and estuary marine science and among the largest marine research and education centers in the United States.

With greater interdisciplinary focus, the Commonwealth Center for Energy and the Environment may be able to expand research and address the complicated relationship between energy generation and its impact on the environment.

The center will support Virginia’s “all-of-the-above” strategy to become “the Energy Capital of the East Coast” while expanding the Commonwealth’s energy partnerships and advanced research development. By leading the charge to develop offshore energy, expand renewables and advocate on behalf of traditional fuels including coal, natural gas, oil and nuclear energy, Virginia aims to secure reliable energy for businesses and citizens in the future.

To learn why more than 385 energy companies have established operations in the Commonwealth, click here.

Kraft Foods Invests $25 Million to Expand Virginia Plant

Thursday, 20 December 2012 17:24 by Info@YesVirginia.org
Today, Kraft Foods Group announced plans to invest $25 million to increase production capacity at its plant in Frederick County, Va., creating 25 new jobs...

Today, Kraft Foods Group announced plans to invest $25 million to increase production capacity at its plant in Frederick County, Va., creating 25 new jobs. 

Located on 30 acres in Frederick County, the Kraft Foods plant has been producing Capri Sun juice drinks since 1991, employing 460 Virginians. The company has made multiple investments in this facility over the years, including a 2010 announcement that it would invest $40 million and create 100 jobs.

Utilizing its existing 335,000-square-foot facility, Kraft Foods plans to add a production line to increase capacity, as well as bring its packaging to the same facility by adding technology to manufacture its mylar bags onsite.

Food and beverage companies like Kraft Foods continue to select the Commonwealth for its competitive operating environment. Virginia offers competitively priced and reliable electricity, a productive and highly-skilled workforce, a corporate tax rate of 6 percent that remains unchanged since 1972, an unemployment tax burden 32 percent lower than the national average, and construction costs 16 percent lower than the national average.

Virginia’s food and beverage cluster is on the rise, with more than 550 companies calling Virginia home. Not only does the Commonwealth provide a premier transportation network with access to 55 percent of the U.S. population in a 750-mile radius; its top-ranked universities and community college system offer training programs specifically designed to meet the needs of the food and beverage industry.

To learn why Virginia has the recipe for success, receiving more than $1.9 billion in investment for food and beverage projects over the last decade, click here.

Virginia CEO Wins Ernst & Young Entrepreneur of the Year Award

Wednesday, 19 December 2012 09:30 by Info@YesVirginia.org
Health Diagnostic Laboratory (HDL) CEO and co-founder Tonya Mallory recently won the prestigious Ernst & Young (E&Y) Entrepreneur of the Year® Award in the Emerging Company category...

Health Diagnostic Laboratory (HDL) CEO and co-founder Tonya Mallory recently won the prestigious Ernst & Young (E&Y) Entrepreneur of the Year® Award in the Emerging Company category.

Headquartered in Richmond, Va., HDL provides comprehensive testing for cardiovascular and other chronic diseases with a vision towards a more preventative approach to healthcare.

Since its founding in 2009, HDL has rapidly grown to more than 500 employees and has announced two expansions, expected to exceed $70 million, for its facility at the Virginia BioTechnology Research Park.

For 26 years Ernst & Young has recognized business leaders for their innovation and success through its Entrepreneur of the Year® awards. Winners were selected in 10 categories from a worldwide field of 2,000 companies and awarded at the E&Y Strategic Growth Forum gala in Palm Springs, Calif.

Mallory’s novel approach to laboratory testing epitomizes just the innovation Governor McDonnell had in mind when he declared 2012 “The Year of the Entrepreneur.” “Virginia is an incubator for good ideas and we have the right tax, regulatory and business climate for entrepreneurs to turn those ideas into job-creating businesses,” said McDonnell.

Virginia offered Mallory and the team at HDL the right infrastructure at the right time, including a prime location and workforce at the Virginia BioTechnology Research Park.

Adjacent to Virginia Commonwealth University, a Top 100 life sciences research center in downtown Richmond, the Virginia BioTechnology Research Park is located on 34 acres that include nine buildings and more than 1.1 million square feet of office and research space. The park employs more than 2,200 scientists, engineers and researchers through its 60 life science companies, research institutes, and state and federal labs.

The Commonwealth’s biotech industry is on the rise, gaining recognition as a No. 2 Emerging Biotech Hub in Business Facilities’ 2012 State Rankings Report. Virginia offers companies a central location in the Mid-Atlantic life sciences corridor and access to top research institutes, including SRI International, the Howard Hughes Medical Institute, 11 Federally Funded R&D Centers, and 20 FLC laboratories.

To learn why 800 life science companies have chosen to locate operations in Virginia, click here.

Virginia’s Wind Industry Gains Speed with Two Federal Announcements

Monday, 17 December 2012 16:12 by Info@YesVirginia.org
In the last few weeks, Virginia’s wind industry has won validation with two positive announcements from the Bureau of Ocean Energy Management (BOEM) and Department of Energy (DOE)...

In the last few weeks, Virginia’s wind industry has won validation with two positive announcements from the Bureau of Ocean Energy Management (BOEM) and Department of Energy (DOE).

On November 30, the BOEM announced federals waters off the Virginia coastline qualified as one of only two wind energy areas (WEAs) for the upcoming competitive lease sale process. This is the first-ever wind energy lease sale on the Outer Continental Shelf.

The Commonwealth’s WEA encompasses 112,800 acres located about 23.5 nautical miles off Virginia’s coastline. According to the BOEM, this area would have the capacity to produce more than 2,000 MW of wind generation, enough electricity to power 700,000 homes.

On December 12, the DOE announced that a Virginia team led by Dominion Virginia Power was one of seven projects awarded an initial grant of up to $4 million for the engineering, design and installation of an offshore wind turbine demonstration facility.  

Dominion will install two Alstom 6-megawatt turbines off the Virginia coastline using an innovative “twisted jacket” foundation that requires less steel. In addition to Alstom Power Inc., the Dominion team includes KBR; the Virginia Department of Mines, Minerals and Energy (DMME); the National Renewable Energy Laboratory; the Virginia Tech Advanced Research Institute; and Newport News Shipbuilding.

Virginia-based Fugro Atlantic has also been selected by the DMME to conduct a geological survey to study the seafloor of Virginia’s WEA in the Outer Continental Shelf.

Recognition from both the BOEM and DOE highlights the Commonwealth’s strengths in the offshore wind industry. Virginia is well-positioned as a leader in this renewable energy field, offering the ideal combination of strong Class 6 winds, shallow waters off the coast, an experienced maritime workforce, a robust transportation network, and access to a fully operational high voltage transmission grid close to shore.

Often called the “Energy Capital of the East Coast,” Virginia is home to more than 380 energy companies and has seen more than $4.6 billion invested in energy projects over the last decade. To learn more about Virginia’s burgeoning energy industry, click here.

A rendering of the Dominion offshore wind turbine demonstration facility, consisting of two Alstom 6-megawatt turbines. Courtesy of Dominion Virginia Power.

VEDP Launches Updated Interactive Tool “Compare Virginia”

Friday, 14 December 2012 15:17 by Info@YesVirginia.org
Today, VEDP is proud to launch an update to its popular Compare Virginia web-based tool. Compare Virginia allows users to easily conduct side-by-side comparisons between Virginia and the other 49 states, as well as the District of Columbia, on a number of key economic metrics...

Today, VEDP is proud to launch an update to its popular Compare Virginia web-based tool. Compare Virginia allows users to easily conduct side-by-side comparisons between Virginia and the other 49 states, as well as the District of Columbia, on a number of key economic metrics.

This updated version includes an additional Compare MSA feature, which allows the user to contrast Virginia’s MSAs with more than 360 MSAs across the country. The database has been enhanced to include a broader range of demographic and economic statistics, such as population, labor force, employment growth, unemployment rates, GDP and union membership.

The user experience has been vastly improved. Information loads more quickly and allows one to change comparison criteria on the fly, without having to reload. The user can also toggle between the Compare States and Compare MSAs features without losing data.

Another additional feature includes the data dictionary, which provides users with documentation of the sources behind the statistics, as well as a detailed explanation of the data.

Finally, the download report feature allows users to easily export data to either an excel spreadsheet or a preformatted pdf for future use.

To access the updated Compare Virginia site and learn why Virginia is the best state for businesses, visit http://virginiascan.yesvirginia.org/compare/compareva.aspx.

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Prince George County Recognized as One of Eight Innovative U.S. Counties by NACo

Tuesday, 17 December 2013 16:46 by Info@YesVirginia.org
Prince George County, Va., gained recognition as one of eight innovative counties highlighted in the recently-released report Strategies to Bolster Economic Resilience — County Leadership in Action by the National Association of Counties...

Prince George County, Va., gained recognition as one of eight innovative counties highlighted in the recently-released report Strategies to Bolster Economic Resilience — County Leadership in Action by the National Association of Counties.

In the report, NACo highlighted the strategies, partnerships and initiatives these eight counties pursued in their unique approach towards economic development. Founded in 1935, NACo is the only national organization that represents county governments in the U.S.

Prince George County received recognition for its focus on targeted industries, particularly advanced manufacturing, as the county’s partnership with Rolls-Royce was noted. Rolls-Royce’s 1,000-acre Crosspointe Campus in Prince George County is the company’s largest and most advanced campus in North America. It includes a Rotatives operation and Advanced Airfoil Machining Facility, with room for expansion. 

Prince George County and Rolls-Royce were also instrumental in establishing the Commonwealth Center for Advanced Manufacturing adjacent to the Crosspointe Campus. CCAM celebrated its grand opening in March 2013 and functions as an applied research center, bringing together leading manufacturers and Virginia’s top educational institutions to collaborate and quickly turn ideas into real-world technologies. 

Homegrown company Service Center Metals was also mentioned in the study. The company recently celebrated its 10-year anniversary in Prince George County and announced plans to add a compact remelt plant. The company expects to add a total of 35 new jobs and invest $35 million through a two-phase expansion.

Through partnerships in the public, private and educational sectors, Prince George County has become a hub of advanced manufacturing innovation, drawing additional corporate partners and investment to the area.

To learn why Virginia has provided an innovative environment, allowing businesses to prosper here for more than 400 years, click here.

A view of CCAM, adjacent to Rolls-Royce’s Crosspointe Campus in Prince George County, Va.

Homegrown Martinsville Company Expands — Textiles Solid as a Stone in Virginia

Wednesday, 11 December 2013 16:35 by Info@YesVirginia.org
When Virginia entrepreneur David Stone decided to start his own company, Solid Stone Fabrics, in 2003 he knew the perfect location — his hometown of Martinsville, Va...

When Virginia entrepreneur David Stone decided to start his own company, Solid Stone Fabrics, in 2003 he knew the perfect location — his hometown of Martinsville, Va. 

With a solid background in the fabrics industry, including stints at Kayser-Roth, Tultex, Reebok and Pine Crest Fabrics, Stone had the industry knowledge and contacts to hit the ground running and start a successful business out of his home. When a truckload of fabric showed up at his front door, his wife let him know it was time to expand.

Stone moved into the local business incubator at the West Piedmont Business Development Center and stayed there until 2008. He carved out a strong niche in the stretch fabric market, supplying materials for customers in the dancewear, swimwear, costume, team and other active apparel markets. The incubator provided much more than a physical location; it offered microloans to help along the way as the company grew.

Solid Stone Fabrics moved into its current location, a 24,000-squre-foot building in downtown Martinsville, in 2008. And, according to Stone, “That’s when things really took off,” which included adding sales offices in New Jersey and California.

“We were primed to do most of our manufacturing in Asia, but we found it difficult to do smaller runs and get a quick response for our customers,” said Stone. “That frustration led us to do more of our own manufacturing here at home in Virginia.”

At any one time, Solid Stone Fabrics has 250,000 yards of material at its facility in Martinsville, ready to respond quickly to both business and individual customers. Martinsville serves as the company’s headquarters and center of operations, which includes adding embellishments for its active apparel markets, printing flags and banners for high schools, and assisting global customers in sourcing and supplying their fabric needs.

To date, the company has 24 employees, and just this week announced plans to create 16 more jobs over the next three years and invest $1.0 million in a second facility in Martinsville. Located just a few blocks away, the second building will add 23,000 square feet of manufacturing space and is expected to be operational by December 15.

“It’s exciting to be back in your hometown and putting people back to work — 40 jobs means a lot,” said Stone.  “In addition, occupying these older buildings in Martinsville is really breathing new life into the heart of our city.”

As to why Stone chose to expand in Martinsville, the answer is simple, “The majority of our employees are from here and educated here. I have relied heavily on Patrick Henry Community College and I can’t say enough about the talent here in Southern Virginia,” said Stone. “We’ve received a lot of support from the City of Martinsville, Martinsville-Henry County Economic Development and the Tobacco Commission — we’re so grateful to have all of that assistance by our side when we need it.”

Solid Stone Fabrics illustrates the success entrepreneurs find when they start a business in the Commonwealth, as well as how competitive Virginia manufacturing is on a global scale. To learn why Virginia is the best state for business, click here.

Members of the Solid Stone Fabrics team discuss their latest innovations from company headquarters in Martinsville, Va.

Charlottesville Startup GigDog Launches from UVA’s i.Lab

Monday, 9 December 2013 16:38 by Info@YesVirginia.org

While working as a geo-political analyst for the Department of Defense, Anslem “J.R.” Gentle came up with an idea for an entertainment and promotion company.

J.R. saw how lesser-known musicians would advertise their upcoming performances on posters and realized even people who saw the posters were not likely to attend the concerts because they weren’t familiar with the music. Thus was born the idea for GigDog — a streaming interactive internet radio station that only plays the music of bands scheduled to perform in the local area within the following six weeks.

What helped turn GigDog from an idea into a real company was access to the UVA i.Lab, an incubator for start-ups in Charlottesville, Va. The i.Lab is the revamped version of the Darden School incubator and includes a newly-renovated space and expanded program. It is unique because it is open to both UVA students and members of the Charlottesville community.

UVA’s i.Lab includes office space with access to a 3-D printer for prototyping, a “pitch” room, workshop, large meeting area, media rooms with Skyping abilities, and a full coffee shop and collaboration area. Applications are due in early January and the year-long program begins in the spring. i.Lab can accommodate 25 companies per year and offers entrepreneurial workshops, a speaker series on topics of interest, and access to professors and the 11 schools within UVA.

GigDog was incorporated in the summer of 2012 and joined the i.Lab pilot program. GigDog’s benefit to both musicians and consumers has allowed it to grow quickly —  it became operational in January 2013 and has grown from 14 bands and 16 venues in Charlottesville to more than 500 bands and 445 venues in five cities.

“As an entrepreneur, being in an environment of like-minded people is paramount,” said GigDog founder J.R. Gentle. “I had the whole of UVA and Darden as a resource. If I needed help with marketing or finance questions I could talk to those professors. I also learned just as much talking to the fellow entrepreneurs in the program.”

GigDog has just launched a RocketHub crowdfunding campaign to expand into additional cities. To experience GigDog visit http://www.gigdog.fm/ and to learn more about the UVA i.Lab visit http://www.ilabatuva.org/

GigDog founder J.R. Gentle chats with another entrepreneur and i.Lab director Philippe Sommer (left to right).

Lumi Juice — From Start-up to Store Shelves in Six Months

Monday, 25 November 2013 09:43 by Info@YesVirginia.org
Graduating MBA student Hillary Lewis could hardly imagine what the next few months would hold when two of her professors at UVA’s Darden School of Business approached her about creating a consumer products company. The timeline below illustrates how quickly a company can start up in Virginia’s supportive entrepreneurial environment...

Graduating MBA student Hillary Lewis could hardly imagine what the next few months would hold when two of her professors at UVA’s Darden School of Business approached her about creating a consumer products company. The timeline below illustrates how quickly a company can start up in Virginia’s supportive entrepreneurial environment.

April — Walking through a natural foods store, Hillary learned about High Pressure Processing, a unique technology that inactivates bacteria while at the same time preserving vital nutrients in food and beverages. Inspiration struck and Hillary came back to her professors with the idea for a healthy juice company. 

She chose the name Lumi, which is an acronym for LoveUMeanIt, a slogan Hillary shared with her undergrad sorority sisters. The company was incorporated on April 18 and the brand message is one of both loving the company’s juices, as well as loving yourself by consuming healthy products.

May — Hillary and her professors visited the High Pressure Processing Laboratory, part of Virginia Tech’s renowned Food Science and Technology program. The team learned that HPP is an innovative technology in food safety that kills microorganisms and extends shelf life through extreme water pressure. It avoids using chemicals and heat that can alter the taste and nutritional content of foods and beverages.

June — Hillary headed to Miami to visit Hiperbaric, the world’s leading manufacturer of HPP equipment for the food industry. She came away with additional knowledge and an agreement to lease one of the company’s machines for arrival in September.

July — The next step involved looking for a space to set up manufacturing. Hillary worked with economic developers in Albemarle County to find a suitable building. She found the perfect location at 1822 Broadway Street in Charlottesville, an industrial district that is within walking distance of the downtown mall area. The 12,000-square-foot facility is approximately 50 percent manufacturing, with the remainder allocated for office and warehouse space.

August — Lumi began setting up shop in an empty warehouse, which included adding everything from plumbing to electricity. Dominion Virginia Power was particularly helpful in upgrading the facility to the necessary 480 volts in an expedited time frame.

September — The Hiperbaric machine was delivered and the team configured production, warehousing and office space.

October — On October 11, Lumi produced the first HPP juice off the production line. VDACS came out to inspect the facility, and according to Hillary, “On October 25 we got the okay to sell and it was game on!”

November — The company has been selling its fresh vegetable and fruit juices for almost four weeks. Lumi has already branched out from Charlottesville to retailers such as Whole Foods Market and Relay Foods in Richmond, D.C., and Rockville, Md. From weeks three to four the company has more than doubled sales.

According to Hillary, “One reason I went to business school was to start my own company. I believe in the viability of manufacturing in the U.S. and in creating jobs and industry at home. I feel really fortunate there have been so many wonderful people that have been a part of this. We wouldn’t be here today without the support of partners at the university, state and county level. I feel extremely thankful and regardless of the obstacles, every day is more wonderful than the one before.”

Use the highlighted links to learn more about Lumi Juice and why Virginia is a great place to start a business.

Hillary Lewis, co-founder of Lumi Juice, expands sales through a product display in Richmond’s Ellwood Thompson’s Natural Foods Market.

Virginia Entrepreneurs — Dr. Lucy’s Takes Gluten-Free Global with VALET Program

Thursday, 21 November 2013 16:44 by Info@YesVirginia.org
Ten years ago, Dr. Lucy Gibney’s experience with food allergies was fairly typical for a board-certified emergency medicine physician. That all changed when her four month old son had a life-threatening allergic reaction to infant formula...

Ten years ago, Dr. Lucy Gibney’s experience with food allergies was fairly typical for a board-certified emergency medicine physician. That all changed when her four month old son had a life-threatening allergic reaction to infant formula.

Food safety quickly became a priority; however, at the time Dr. Lucy had trouble finding allergy-free products that were both safe and tasted good. Having developed a love of baking and experimenting with recipes since childhood, she combined this with her medical training in nutrition to develop delicious, allergy-free baked goods the whole family could enjoy.

Dr. Lucy and her husband wanted to share their cookies, brownies and snacks with other families, and thus was born Dr. Lucy’s line of baked goods, free from gluten, milk, eggs, peanuts and tree nuts.

In 2007, Dr. Lucy’s opened a 2,500-square-foot bakery in Norfolk, Va. The company outgrew this space three years ago and moved into a facility that has now grown to 22,000 square feet, including a dedicated bakery, warehouse, office space and laboratory to ensure sourced ingredients have not been cross-contaminated with any allergens. 

The company has expanded to more than 100 employees and managed to double sales every year since inception. Dr. Lucy’s began selling to natural food and grocery stores in the Hampton Roads area, and expanded throughout the mid-Atlantic region on its own momentum. Within the first six months, the company established a Midwest presence through an industry trade show in Chicago and gained an introduction to a buyer at Whole Foods Market by attending the Virginia Food and Beverage Expo. Dr. Lucy’s products are now in more than 6,000 retail locations across the U.S.

Dr. Lucy’s became a member of VEDP’s Virginia Leaders in Export Trade program in July 2012 after some early growth in Canada and the U.K. VALET helped the company research which new markets to focus on, and provided introductions to international consumer products experts, banking relationships and legal consults.

According to Dr. Lucy, “VALET put everything we needed right there in front of us. We really benefitted from the research component to check our facts and feel comfortable investing resources in a particular direction. Especially as a small company, having a jump start with core competencies in the international arena makes a big difference — it could have taken us years to develop this on our own.”

Through the VALET program, Dr. Lucy’s is expanding deeper into Europe and is now shipping to Mexico. To learn more about VALET and what VEDP’s international trade program can do for you, click here.

Dr. Lucy’s develops Spanish-language packaging as it prepares to enter the Mexican market.

Virginia Makes History Again — Orbital Sciences Launches First Satellite Built by High School Students

Wednesday, 20 November 2013 13:56 by Info@YesVirginia.org
At approximately 8:15 p.m. last night, Orbital Sciences launched the first satellite built by high school students, a team from Thomas Jefferson High School for Science and Technology in Alexandria, Va...

At approximately 8:15 p.m. last night, Orbital Sciences launched the first satellite built by high school students, a team from Thomas Jefferson High School for Science and Technology in Alexandria, Va. 

The satellite, known as TJ3SAT, is a CubeSat that has been designed, built and tested by more than 50 students at Thomas Jefferson and represents nearly seven years of work. Orbital Sciences mentored the students and provided financial support, as well as space testing facilities.

TJ3SAT measures 10 x 10 x 11 cm and weighs approximately two pounds. Its payload consists of a voice synthesizer that converts text to voice. Once it enters Earth orbit, students from around the world will be able to freely access the satellite by sending strings of text to the TJ3SAT website. Approved messages will be transmitted to the satellite, where they will be converted to voice signals and transmitted back to Earth using amateur radio frequency.

TJ3SAT launched from the Mid-Atlantic Regional Spaceport Pad-OB at NASA’s Wallops Flight Facility on the Eastern Shore of Virginia. MARS is one of only four commercial sites approved by the FAA for orbital space launches, and offers an ideal trajectory for Earth orbit insertion.

Orbital Sciences launched TJ3SAT with 27 other CubeSats aboard a Minotaur I rocket as part of its ORS-3 mission for the U.S. Air Force.

The collaborative partnership between Orbital Sciences and Thomas Jefferson High School for Science and Technology illustrates Virginia’s position at the forefront of STEM education (science, technology, engineering and math), preparing students for careers in advanced fields, such as aerospace.

Use the highlighted links to learn more about the TJ3SAT program and Virginia’s leadership in the aerospace industry.

The Minotaur I rocket, carrying the first satellite built by high school students, launches from MARS at NASA’s Wallops Flight Facility. Photo courtesy of NASA Wallops/Chris Perry.

Virginia Conference on World Trade Celebrates 65 Years of Global Business Success

Wednesday, 13 November 2013 09:48 by Info@YesVirginia.org

VEDP’s international trade division recently hosted more than 200 professionals at the 65th annual Virginia Conference on World Trade in Williamsburg, Va.

The two-day event provided attendees with the opportunity to develop their international network with in-country experts, as well as attend sessions where panelists offered practical advice on how to expand sales in the global marketplace.

The event kicked off with an evening networking reception featuring Ignite Speed Networking, a Virginia company that has the world’s only platform for group-based speed networking.

Prior to the conference, attendees were encouraged to take the Global Mindset Survey offered by the renowned Thunderbird School of Global Management. The next morning, Dr. Mansour Javidan, Director of the Najafi Global Mindset Institute and Garvin Distinguished Professor at Thunderbird, went over the results of the survey and helped attendees pinpoint areas to improve their cross-cultural interactions.

Participants then chose between two tracks for the main portion of the day. Track A included a session each on how to gain traction in the South American, Asian and European markets. Track B was geared towards defense companies and offered sessions on the Foreign Military Sales process, the Australia/U.S. Defense Trade Cooperation Treaty, and how to manage and motivate foreign distributors.

The keynote address was provided by Michael Eyestone, Minister-Counsellor (Commercial Policy) and Senior Trade Commissioner at the Embassy of Canada in Washington, D.C. Eyestone discussed the plentiful opportunities that Canada offers as the U.S.’ No. 1 export destination. It provides a strong entry point for companies new to exporting due to the ease of restrictions and common language.

The conference concluded with an evening banquet where three awards were given, recognizing excellence in international trade. The Commonwealth of Virginia Governor’s Award for Excellence in International Trade was given to Moog Components Group out of Blacksburg, Va. The Virginia International Business Council Global Excellence Award recognized Joseph Ruddy, chief operating officer at Virginia International Terminals. The Virginia TradePort Innovator of the Year Award was given to Shawn Utt of Pulaski County.

Save the date for next year’s conference, October 29-30, at The Richmond Marriott in Richmond, Va. Visit www.vacwt.org for conference details and www.exportvirginia.org to learn how VEDP can help your company sell overseas.

Paul Grossman, VEDP vice president of international trade, congratulates Greg Boyer, vice president of sales at Moog Components Group, for winning The Commonwealth of Virginia Governor’s Award for Excellence in International Trade.

UMW Hosts Transformation 20/20 — A Regional Economic Development Summit

Monday, 4 November 2013 10:34 by Info@YesVirginia.org
Last week, University of Mary Washington hosted Transformation 20/20, a summit focused on economic development in the greater Fredericksburg region...

Last week, University of Mary Washington hosted Transformation 20/20, a summit focused on economic development in the greater Fredericksburg region.

The goal of Transformation 20/20 is to develop a clear vision as the region moves toward the year 2020. The summit brought together more than 150 public and private sector attendees to discuss opportunities for collaboration across the Fredericksburg region.

Preparation for the summit began a year earlier when UMW President Rick Hurley, the UMW Center for Economic Development, and Fredericksburg Regional Alliance met with local economic development professionals and business leaders in the community. FRA is the first Virginia economic development organization to be formally affiliated with a higher education institution and is housed on UMW’s campus.

Part of the year-long planning process involved commissioning a study from Chmura Economics & Analytics, and those results were presented at the summit.

The Chmura report identified six industry clusters economic developers should include as part of their strategy to encourage job creation and capital investment in the Fredericksburg region. They include business services, finance/insurance/real estate, health and life sciences, information/communications, manufacturing, and public administration.

The Fredericksburg Regional Chamber of Commerce also presented the results of a survey of young professionals, ages 21-40, in the region. The survey found that these young adults were pleased with the job market and planned to stay in the Fredericksburg area. The group suggested improvements to traffic congestion and more recreational and networking opportunities would increase their likelihood to remain in the region.

Transformation 20/20 served as a catalyst for identifying areas of opportunity to encourage economic prosperity in the Fredericksburg community. Continued conversations about how to improve traffic, increase broadband infrastructure, and encourage entrepreneurs are expected to take place — UMW plans to make Transformation 20/20 an annual event.

To learn more about FRA and the UMW Center for Economic Development, click on the highlighted links.

UMW President Rick Hurley and Fredericksburg City Council Member Matt Kelly (right to left) discuss economic development strategy at the Transformation 20/20 summit. Photo courtesy of Fredericksburg Patch.com/Susan Larson.

STIHL Inc. Wins AME 2013 Manufacturing Excellence Award

Friday, 25 October 2013 16:19 by Info@YesVirginia.org
The Association for Manufacturing Excellence recently recognized STIHL Inc. with a 2013 Manufacturing Excellence Award at its recent AME International Excellence Inside Conference in Toronto, Canada...

The Association for Manufacturing Excellence recently recognized STIHL Inc. with a 2013 Manufacturing Excellence Award at its recent AME International Excellence Inside Conference in Toronto, Canada.

The AME Manufacturing Excellence Award is given to North American manufacturing plants that have demonstrated excellence in their manufacturing and business operations. AME seeks to acknowledge manufacturers that have implemented continuous improvement, lean principles, creativity and innovation.

STIHL’s award-winning Virginia Beach facility serves as both its U.S. headquarters and base of operations to manufacture more than 280 models of chains saws and other power equipment. The company manufactures the No. 1 brand of chain saws in the world.

According to the company, “The AME assessment team noted the facility’s strides toward the establishment of a continuous improvement system, focusing on the implementation of advanced technology, integration of automation, data systems, work instructions, signaling devices and steps toward the establishment of flow.”

Since opening its Virginia Beach plant in 1974, STIHL has grown from 20,000 square feet under one roof to more than two million square feet on a 150-acre campus. With a talented workforce of 1,900 Virginians, the company exports products to more than 90 countries around the world.

Over the last 20 years, STIHL has announced more than $335 million of investment in the Commonwealth. What keeps an innovative global leader like STIHL coming back? Virginia has successfully competed against China, Brazil and Germany due to its highly-skilled workforce, premier logistics system and pro-business environment.

To learn more about the innovative environment Virginia offers global leaders like STIHL, click here.

Glenn Marshall, chair of AME’s Manufacturing as a Desirable Career Path program; Brent Sheffler, managing director, Knowledge Transfer and Strategic Outreach at VEDP; Christian Koestler, vice president of operations at STIHL Inc.; and Dale Gehring, Chairman of AME, celebrate STIHL’s AME 2013 Manufacturing Excellence Award in Toronto, Canada.

Williamsburg-James City County School System Celebrates National Manufacturing Day

Wednesday, 23 October 2013 13:48 by Info@YesVirginia.org
The Williamsburg-James City County School system recently celebrated Manufacturing Day with tours of three local manufacturing operations...

The Williamsburg-James City County School system recently celebrated Manufacturing Day with tours of three local manufacturing operations.

Manufacturing Day is a national program that encourages companies across the U.S. to provide tours to local high school students and teachers. The goals are to illustrate the high-tech nature of the industry, encourage students to explore careers in manufacturing and STEM subjects, and build relationships between school systems and the manufacturing community.

A group of students, teachers, guidance counselors and school board members from WJCC were able to witness firsthand the advanced logistical operations of Wal-Mart Import Distribution Center and the high-tech food packaging operations of Ball Corp. and Printpack Inc.

“Our region is known for its strength in the hospitality industry. We wanted to let students know there are opportunities in other fields right here in their own community,” said Kate Sipes, one of the event organizers and business development and retention coordinator at James City County Office of Economic Development.

WJCC is also the first public school system in North America to sign up for the Association of Manufacturing Excellence “Adopt a School” initiative. This allows AME to partner with schools and local businesses to share best practices and help design curricula to improve career readiness.

“Manufacturing Day allowed students to see what modern manufacturing is — a sleek, technology-driven industry full of high-paid, fulfilling careers,” said Glenn Marshall, chair of AME’s Manufacturing as a Desirable Career Path program.

Just down the road, Newport News Shipbuilding also hosted a similar event to educate guidance counselors from the region on the advanced operations and rewarding careers available at the shipyard.

Virginia continues to be a leader in preparing students for advanced manufacturing careers with strong STEM education programs. To learn more, click here.

WJCC students, teachers and school administrators gather for a tour of Printpack Inc. as part of national Manufacturing Day.

Virginia Institute of Marine Science Bolsters the Commonwealth's Oyster Industry

Wednesday, 16 October 2013 11:08 by Info@YesVirginia.org

The Virginia Institute of Marine Science (VIMS) has played an important role in the recovery of the Commonwealth’s oyster industry through its research and educational offerings. 

The popular species of oyster found along the Atlantic Coast is named Crassostrea virginica, literally “Virginia oyster,” because of its predominance in Virginia waters, including the Chesapeake and its tributaries. Unfortunately, the wild oyster beds and natural reefs off Virginia’s coastline have been depleted over the last 100 years due to overfishing, pollution, disease and changing water temperature and saline levels.

These factors have caused the industry to migrate towards aquaculture techniques that involve cultivating oysters and closely monitoring their growth phases on and offshore.

VIMS partners with local oyster farms by sharing its scientific and industry research, providing education on sustainable aquaculture techniques, and guiding companies through the regulation process.

This has enabled small businesses to prosper, such as Rappahannock River Oyster Co. Recently featured in national news, the great grandsons of the founder quickly learned the ropes after taking over the 100-year-old family business in 2001.

Today, the company owns three restaurants and ships 100,000 oysters per week to restaurants all over the U.S., as well as Hong Kong. Rappahannock River Oyster Co. is helping to repopularize the Virginia oyster and offers four flavors. The “Rappahannock” is the sweetest variety and is grown in the Rappahannock River, while “Olde Salts” from the Chincoteague Bay is the saltiest.

According to Rappahannock River Oyster Co. Director of Operations, Captain Anthony Marchetti, “VIMS has laid the foundation to help develop quality seed that allows us to grow more oysters. Over the last five years, we’ve seen a 500 percent increase in the production of our Rappahannock oysters.”

That growth is occurring across the industry. According to VIMS, the number of aquaculture oysters sold by Virginia farms has increased from 0.8 million in 2005 to 28.1 million in 2012.

“Renewed interest in regional flavors and sustainable food practices has helped drive this market,” said Karen Hudson, VIMS Commercial Shellfish Aquaculture Extension Specialist. “It’s already an economically valuable industry and one that has lots of potential to grow. In 2012, there was an economic output of almost $20 million associated with single oyster aquaculture in Virginia.”

Click on the highlighted link to learn more about VIMS aquaculture programs or attend the Virginia Aquaculture Conference in November.

Captain Anthony Marchetti examines a successful crop of the company’s sweet “Rappahannock” oysters, fresh from the Rappahannock River. Photo courtesy of Rappahannock River Oyster Co. 

 

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Virginia Economic Development Partnership is the Best State for Business

The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve those seeking a prime business location and increased trade opportunities, provides confidential site selection and international trade services. VEDP's mission: To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities.

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YesVirginia Business Blog | Montgomery County Makes Inc. Magazine’s 500|5000 List for 2011

Montgomery County Makes Inc. Magazine’s 500|5000 List for 2011

Tuesday, 27 September 2011 15:09 by Info@YesVirginia.org

With close to 300 Virginia companies on Inc. Magazine’s 2011 Inc. 500|5000 list of the fasting growing companies, the Commonwealth is very well represented. What is perhaps more impressive is the breadth of that representation, spanning multiple regions and industries. With our close proximity to the nation’s capitol, it is no surprise that more than 100 of these Virginia businesses were in the government services sector. However, the list of our top growing companies showed a healthy diversification across the IT, healthcare, business services, energy and education sectors as well. Virginia’s companies are growing in growth industries, which is great news for the Commonwealth.

Montgomery County is a microcosm illustrating this manifold growth. With three companies on the list in three different sectors, Montgomery County entrepreneurs exhibit the creativity and innovation Virginia is known for. Modea, a digital advertising agency, is a homegrown start-up with an impressive client list allowing for a new headquarters building and the addition of 200 employees over the next five years. UXB International is an environmental technology company specializing in demilitarization and weapons removal that has moved to Montgomery County to take advantage of the Virginia Tech Research Center. Harmonia Holding Group is another local startup catering to the software and systems engineering needs of the military and federal agencies from its headquarters, also located at the Virginia Tech Research Center. 

Learn more at the Montgomery County Economic Development News Center.

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Virginia Economic Development Partnership is the Best State for Business

The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve those seeking a prime business location and increased trade opportunities, provides confidential site selection and international trade services. VEDP's mission: To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities.

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© Copyright 2017

VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP

© 2014 All rights reserved.