Virginia to Offer Foreign Direct Investment Expertise

Friday, 24 March 2017 09:51 by Info@YesVirginia.org

The Virginia Economic Development Partnership will attend the German American Trade Association’s U.S. Entry M YesVirginia Business Blog | All posts by infoyesvirginia.org

Craft Beer Industry Thrives in Virginia

Thursday, 5 May 2016 09:22 by Info@YesVirginia.org

YesVirginia Business Blog | A place for news, opinions, and information regarding the Virginia Economic Development Partnership.

Did you know this is Manufacturing Appreciation Week?

Friday, 21 October 2011 09:17 by Info@YesVirginia.org

Governor McDonnell declared October 17-21 as Manufacturing Appreciation Week for Virginia. This should come as no surprise to the many Virginians employed by the manufacturing industry — more than 200,000 of us. In the last few weeks alone, manufacturing companies across a variety of industries have signaled their confidence in Virginia’s workforce by locating or expanding their operations in the Commonwealth.

Federal-Mogul Corp., a global automotive supplier, plans to invest $10 million to expand its automotive engine bearing manufacturing facility in Blacksburg Industrial Park, bringing 50 new jobs to Montgomery County. Albany Industries, a manufacturer of upholstered household furniture, announced it will invest $2.5 million to establish production capabilities in Galax, Va. This investment represents Albany Industry’s first operation in Virginia and will bring 335 new jobs to Southwest Virginia. 

On the international front, Axxor Group, a Netherlands-based producer of honeycomb, announced it will establish its first U.S. operation in Pittsylvania County in Southern Virginia. In 2006, Swedwood North America, a furniture manufacturer and subsidiary of IKEA, selected Virginia as the location for its first U.S. manufacturing facility. As Axxor Group is a major supplier of honeycomb to Swedwood’s furniture manufacturing operations, this investment is a natural outgrowth of that initial partnership.  

Also arriving from across the pond is NBG Holding’s announcement to establish its first U.S. subsidiary, Fiber Cable Technology, in Botetourt county. The Austrian company will invest $5 million and create 25 new jobs to manufacture specialty optical fiber and optical cables for the defense and energy markets. 

Whether manufacturing furniture or fiber optic cable, companies from all around the world have recognized the pro-business advantages a Virginia location offers. To learn more about the breadth of industries served by the Commonwealth click here. You can also view a Made in Virginia video produced by the Virginia Manufacturers Association here.

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Virginia Sails Closer to Becoming the Energy Capital of the East Coast

Thursday, 20 October 2011 17:21 by Info@YesVirginia.org

With October slated as Energy Month in Virginia, the announcement of a new wind turbine test facility moves the Commonwealth one step closer to becoming the Energy Capital of the East Coast. Named Poseidon Atlantic, the facility will be located in Northampton County on Virginia’s Eastern Shore. VEDP recently attended the AWEA Offshore Wind Expo where Lieutenant Governor Bill Bolling announced this project at a dinner for industry stakeholders.

Poseidon Atlantic will be the first comprehensive testing facility of its kind in the U.S. What makes this project unique is its ability to both test and certify the entire wind turbine (as opposed to testing component parts). Poseidon Atlantic will be the only U.S. site able to perform comprehensive testing for both offshore and land-based turbines.

The Poseidon Atlantic team selected Virginia for this project due to its prime location, as the Commonwealth couldn’t be more well-positioned for the offshore wind industry. Virginia has the ideal combination of strong Class 6 winds along the coast combined with shallow waters that allow for the easy installation of turbines and testing pads. The Commonwealth also has the necessary infrastructure already in place including an experienced maritime workforce, access to a fully operational high voltage transmission grid close to shore, and a robust transportation network including the Port of Virginia, which has the deepest obstruction-free channels on the East Coast.

Given the current worldwide shortage of full-service testing centers, this project positions Virginia at the forefront of the industry. Certification is a critical final step in the R&D process as wind turbine manufacturers often seek IEC certification prior to bringing a product to market. The facility is expected to build up to ten testing pads, leasing these to wind turbine manufacturers and bringing the global offshore wind supply chain to Virginia’s shores.

In addition to Poseidon Atlantic, Virginia has attracted additional private sector interest from wind industry leaders over this past year. In February, Gamesa Technology Corp. and Newport News Shipbuilding jointly launched the Offshore Wind Technology Center to develop next-generation offshore wind systems. The two companies were already collaborating to launch Gamesa’s first offshore prototype, the G11X-5.0 MW. In early October, Apex Offshore Wind, LLC and Maersk Line, Limited joined forces and announced their partnership to develop utility-scale offshore wind energy projects.

Though still in its infancy, the wind industry could create thousands of jobs for Virginians and provide a renewable source of energy. With the global supply chain recognizing Virginia’s unique assets and setting up shop along the coast, the Commonwealth is poised to become a hub for the offshore wind industry and one step closer to claiming the title, Energy Capital of the East Coast.

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Microsoft and Virginia - A Partnership for the Future

Wednesday, 5 October 2011 16:31 by Info@YesVirginia.org

Virginia and Microsoft have partnered once again – not surprisingly as both are IT leaders who realize staying at the top requires investing in the future. This time, that investment takes the form of educating the Commonwealth’s public high school students as Virginia is only the third state in the nation to implement the Microsoft IT Academy PetRich/Workforce">here.

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Virginia Economic Developers Recognized in National Ranking

Wednesday, 25 January 2017 14:20 by Info@YesVirginia.org

Five of Virginia’s top economic developers were recognized on Consultant Connect’s 2017 list of North America’s Top 50 Economic Developers last week.

Consultant Connect, an agency designed to bridge the gap between economic developers and site consultants, announced its annual list of leaders in the industry. The recognized economic development professionals were nominated by their colleagues in both the economic development industry and the site consultant community for excellent practices and innovation and success in building the communities they serve.

Virginia tied for the second most appearances of any state on the list of top economic developers. We are thrilled to congratulate:

    - Pandy Brazeau, Virginia Economic Development Partnership

·         - Carrie Chenery, Shenandoah Valley Partnership

·         - Beth Doughty, Roanoke Regional Partnership

·         - Megan Lucas, Lynchburg Regional Business Alliance

·         - Buddy Rizer, Loudoun County Department of Economic Development

This recognition is a testament to Virginia’s dedicated economic development team at the state, regional and local levels. VEDP is proud to work with such a committed team, and we are thrilled to have so many colleagues recognized on this list.

 

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Staying Focused on What Really Matters

Friday, 16 December 2016 14:39 by Info@YesVirginia.org

As 2016 comes to a close, we want to recognize the economic development profession throughout Virginia that works tirelessly for the common good, and in particular, to the dedicated employees of the Virginia Economic Development Partnership Authority (VEDP).

As leaders of the Board of Directors of VEDP—which by anyone’s measure, just experienced its most difficult year of operation since its formation in 1995—we are wrestling with deep problems facing VEDP, the economy and some systemic ones woven into the very fabric of how our Commonwealth approaches economic development. We are, however, optimistic because we know that economic development partners across the state are taking actions necessary to fortify Virginia’s future.

For our part, the VEDP Board is engaged. In 2014, Don Seale, then Chairman of the VEDP Board of Directors, realized that fundamental changes were needed inside the organization.  Don called for the creation of a Chief Operating Officer position and recruited Dan Gundersen to help reset VEDP. Dan’s initial focus was on strategic direction, creative programming, engaging employees, and assuring greater management control and accountability procedures.

We began to peel back the layers of VEDP. Dan Gundersen produced for the Board a first-ever Strategic Review that serves today as the guidepost for a 3-5 year action strategy for VEDP. A new compensation plan was adopted which provided pay equity across positions. We evaluated funding models for 49 other states’ economic development entities, produced new top-line metrics, put in place a robust communications strategy for the external partners and encouraged new avenues for employee input and engagement.   

We (Chris Lumsden and Dan Clemente) succeeded Don Seale as Chairman and Vice-Chairman respectively and the first thing we decided to do was to hear from our stakeholders. We conducted a Listening Tour that involved over 150 economic development professionals, public officials, and business interests in all regions of Virginia and more than 80 counties. We learned that over several years’ time, VEDP’s approach to marketing and deals had alienated many of its stakeholders and contributed to a crisis of confidence.

In March of this year, we asked Dan Gundersen to serve as Interim President and CEO, as well as COO, to help turn around VEDP. He demonstrated great courage and collaborative leadership skills in managing VEDP during a period of serious political stress and organizational crisis. Working with the Board’s Finance and Audit Committee, the VEDP team put in place solid due diligence procedures for discretionary grants, cleaned up twenty years of Governor Opportunity Fund records, and delved into data integrity and integration issues. VEDP also moved its 55,000 square-foot headquarters to new space that saved the Commonwealth over $1.8 million. The new headquarters is designed with open spaces and glass offices and, quite literally, sends a clear message to all that VEDP is a transparent organization that is reinventing itself for the next generation of economic development.   

By mid-summer, again with direct involvement of key Board leaders, input from the Joint Legislative Audit & Review Commission (JLARC) team and independent management consultants, VEDP was prepared to roll out a reorganization. Dan Gundersen successfully led VEDP through the difficult reorganization process, with input from a core planning group, cross-functional work teams, and facilitated focus groups of employees throughout the organization. Three new market-facing divisions were established: Business Investment, Competitive Initiatives and Workforce Development. They operate alongside VEDP’s International Trade team to support businesses.

New management in key spots has infused new energy and determination to have VEDP become recognized as the very best economic development organization in the country. We are pleased that Stephen Moret will join us at the helm in January.

Our work is not over—far from it. But we have laid a solid foundation on which to build a bright future for economic growth in Virginia. This would not have happened without the active support of Virginia’s economic development professionals. We thank you and look forward to continuing to work closely with you as we enter into the new year with renewed confidence and enthusiasm.

Sincerely,

The VJIP team celebrates its 50th anniversary during the December VEDA meeting.

The Southern Virginia Higher Education Center’s Welding Program Holds Its First Completion Ceremony

Tuesday, 22 December 2015 14:49 by Info@YesVirginia.org

The Southern Virginia Higher Education Center’s Welding program held its first completion ceremony on December 10.

The ceremony recognized the first 15 students to enroll in Welding@SVHEC, a short term, accredited training program that provides students with instruction in MIG, TIG, stick and pipe welding. This non-credit program is accredited by the National Center for Construction Education and Research. Welding instruction takes place in the SVHEC’s new, state-of-the-art welding lab.

This program started in response to employer requests for more trained, certified workers. The SVHEC’s Workforce Services department worked with Virginia Technical Institute to bring this program to South Boston, Virginia.

Virginia has a nationally acclaimed education system which ensures businesses have a steady pipeline of skilled workers, and now adds another industry recognized program to Southern Virginia.

The Virginia Community College System provides occupational and technical training programs, many of which are designed specifically to meet the needs of surrounding employers. Welding@SVHEC is a great example of how Virginia works with both higher education and companies to provide students with industry specific skills. To learn more about Virginia’s 23 community colleges, located on 40 campuses around the state, click here.

Class of 2015 Welding@SVHEC completers and instructors in South Boston, Virginia.

Virginia — The Only State Ranked in Top Five Since the Inception of Pollina’s Pro-Business Study

Tuesday, 10 November 2015 15:28 by Info@YesVirginia.org
Virginia has again received a top ranking in the Pollina Corporate Real Estate/AEDI Top 10 Pro-Business States for 2015. For the third straight year, the Commonwealth was ranked No. 4 overall and was the top state on the East Coast. Virginia was ranked in the top three from 2004-2012...

Virginia has again received a top ranking in the Pollina Corporate Real Estate/AEDI Top 10 Pro-Business States for 2015. For the third straight year, the Commonwealth was ranked No. 4  overall and was the top state on the East Coast. Virginia was ranked in the top three from 2004-2012.

“Clearly a national leader in the 12 years of this study, no other state comes close to Virginia when it comes to being a consistent pro-business state. Virginia holds the distinction of being the only state to remain within the top five pro-business states for the entire history of this study,” said Brent A. Pollina, president of Park Ridge, Illinois-based Pollina Corporate Real Estate Inc. and author of the study.

Virginia received an overall grade of A as it has for the last five years. The Commonwealth was the No. 1 state in the Stage II section, which is based on metrics at the state economic development agency level, such as incentives and marketing/website/response to new and existing employers.

“Governor Terry McAuliffe and the Virginia Economic Development Partnership should be commended for their efforts to consistently remain competitive, as they have clearly worked to preserve the tools Virginia needs to remain one of the most pro-business state in the country,” continued Pollina.

The Pollina study is considered the “gold standard” for evaluating states on 32 factors controlled at the state government level, including taxes, human resources, education, right-to-work legislation, energy costs, infrastructure spending, regulatory environment, workers’ compensation laws and economic incentive programs.

Consistency of a state’s performance is an important consideration when companies are making long-term decisions about corporate site locations that require significant capital investment.

“The key to Virginia’s success is its ability to balance low taxes, a good labor force, and a strong economic development program. With a Stage I rank of #9 and a Stage II rank of #1, Virginia has one of the most well-rounded business climates in the nation.”

To learn why Virginia has the right resources that have allowed companies to prosper here for more than 400 years, click here.

Photo courtesy of Virginia Department of Transportation.

The Hague Security Delta Signs Cybersecurity Agreement with Fairfax County and VEDP

Friday, 16 October 2015 16:27 by Info@YesVirginia.org
Last week, VEDP joined Fairfax County Economic Development Authority and The Hague Security Delta for a cybersecurity event in Tysons Corner, Va...

Foreign Direct Investment Makes Massive Job Impact on Virginia

Thursday, 23 June 2016 09:48 by Info@YesVirginia.org

This week, VEDP attended the SelectUSA Investment Summit, a high-profile event in Washington, D.C. dedicated to promoting foreign direct investment (FDI) in the United States. We had the opportunity to connect with companies all over the world to discuss the benefits of doing business in Virginia.

Governor Terry McAuliffe hosted a Virginia reception to showcase the Commonwealth’s assets and participated in a workforce development panel during the conference.

Global investment supports nearly 487,000 jobs in Virginia. These direct FDI and related supply chain jobs earn higher compensation than the overall state average.

During SelectUSA 2015, VEDP met ELDOR Corporation for the first time. Following the Summit, Governor McAuliffe traveled to ELDOR’s headquarters in Italy to meet with company leadership. Less than one year after first meeting at SelectUSA, ELDOR announced their plans to invest $75 million and create 350 new jobs at their North American regional headquarters in Botetourt County.

More than 700 internationally-owned companies call Virginia home, including Canon, Stihl and Rolls-Royce. Cost-effective operations, pro-business values, global logistics assets and easy access to the U.S. market are just a few of the unique resources that allow businesses to prosper here.

From 2009 to 2014, international companies announced more than 15,000 new jobs and $4.6 billion investment in the Commonwealth. To learn why companies choose Virginia for internal investment, click here.


Governor McAuliffe
participated in a workforce development panel during SelectUSA.

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Sumitomo Machinery Corporation Celebrates 50 Years in North America

Friday, 3 June 2016 11:40 by Info@YesVirginia.org

Sumitomo Machinery Corporation of America (SMCA) is celebrating the 50th anniversary of its North American headquarters, located in Chesapeake, Virginia.

Sumitomo Machinery Corporation of America is a subsidiary of Sumitomo Heavy Industries, one of the largest manufacturers of machinery in Japan and the global leader in power transmission knowledge and innovation. SMCA is the premiere power transmission and control solution provider and has customers across the U.S. and globally.

In 1987, Sumitomo relocated to Chesapeake from New Jersey and constructed a new manufacturing facility for the production of its cyclo drive technologies, speed reducers, speed variators, motors and related industrial gears.

Sumitomo has experienced consistent growth since joining the Commonwealth. In 2009, SMCA announced its first Engineering and Service Center would open in Chesapeake, and in 2012, they shared plans for the first phase of a three year investment strategy to transition their 250,000-square-foot facility from an assembly and distribution center to an assembly and manufacturing facility. 

In August 2013, the company announced a definitive merger agreement with Hansen Industrial Transmissions Inc., a leading provider of large size industrial gear drives, which operates at the HNA facility in Verona, Virginia.

Since locating to Virginia, Sumitomo has invested over $60 million in the Commonwealth and has 264 employees in Chesapeake, Suffolk and Verona.

Virginia’s strategic central location on the U.S. East Coast and access to the Port of Virginia has made an ideal home for Sumitomo.

To learn why more than 5,500 manufacturing companies like Sumitomo have chosen to locate in Virginia, click here.


Mayor of Chesapeake Alan Krasnoff and Secretary of Commerce and Trade Maurice Jones recognize Sumitomo leadership during the anniversary event.

Georgia Pacific’s Big Island Mill Celebrates 125 Years in Virginia

Thursday, 26 May 2016 13:53 by Info@YesVirginia.org

Virginia is celebrating Business Appreciation Month by showcasing Georgia Pacific and the 125th anniversary of its Big Island paper mill in Bedford County, Virginia.

Georgia Pacific is one of the world’s leading manufacturers and distributors of tissue, pulp, paper, packaging, building products and related chemicals. Located just north of Lynchburg on the James River, Big Island mill is one of four Georgia Pacific locations in Virginia. The other facilities are located in Gladys, Emporia and Ridgeway.

The Big Island mill has been in continuous operation since 1891, when the first roll of paper was produced. The mill has faced ownership changes, fire, floods, and machinery and technological shifts during the past 125 years.

The paper mill’s most recent announcement in 2015 included a $50 million investment to improve reliability and environmental performance and upgrade technology.

To mark the mill’s 125 years of continual operation, Georgia-Pacific has launched a year-long commemoration throughout 2016 to honor the mill’s history, celebrate generations of employees and to thank the community for its enduring support.

The Big Island facility employs about 330 people and is Bedford County’s oldest business. The company credits its success to the community, which helped sustain and support Big Island and generations of families who continue to work at the mill for more than a century.

In addition to a strong manufacturing workforce, Virginia provides Georgia Pacific with a strategic location, offering easy access to the company’s customers. Located on the upper James River, the Big Island location offers employees a high quality of life with close proximity to the Blue Ridge Mountains, scenic hiking and biking trails, and numerous national parks.

As we celebrate Virginia Business Appreciation month, Georgia Pacific’s Big Island paper mill serves as a great example of how Virginia can offer long-term prosperity. To learn why companies like Georgia Pacific call Virginia home, click here.

An undated photo of a maintenance crew working at the Big Island paper mill.

Distribution Companies Deliver Big Investment to Virginia

Wednesday, 18 May 2016 14:53 by Info@YesVirginia.org

This week, for Business Appreciation Month, we’re highlighting Virginia’s distribution industry and celebrating the positive impact these companies bring to the Commonwealth.

Virginia's businesses provide services and manufactured goods to customers throughout the world. Our distribution base remains strong and continues to grow with companies like The Home Depot, Best Buy, Target, Wal-Mart, Ace Hardware and Amazon.com all delivering goods from the Commonwealth.

Increasingly, retailers and distributors are taking advantage of Virginia's proximity to Eastern U.S. and Midwest markets. Millions of square feet of new warehousing space have been added at new distribution centers around the state.

In the past decade, 365 global logistics industry projects have announced capital investment of more than $1.8 billion and the creation of over 16,500 new jobs.

The Commonwealth is within a one-day drive time of approximately 43 percent of the U.S. population and over 186,000 manufacturing establishments. With our central East Coast location, Virginia is an obvious choice for many companies looking to establish or expand distribution centers.

In 2012, The Vitamin Shoppe announced a $39.4 million investment to establish a distribution center and create 174 new jobs in Hanover County. The 312,000 square-foot facility has become the company’s flagship distribution center featuring a state-of-the-art conveyor and picking and packing systems to move products from storage shelves throughout the facility to shipping bays.

McLane Foodservice Distribution, located in Prince William County, services restaurants in the Mid-Atlantic region. With two expansions in the last 10 years, the 223,000 square foot facility has three different temperature controlled areas—freezer, refrigerated and dry—in addition to employing more than 160 people.

As part of Virginia Business Appreciation Month, the distribution and global logistics industry is a great example of success due to the Commonwealth’s premier location and business environment. To learn more about the distribution industry in Virginia, click here.


The Vitamin Shoppe distribution center in Hanover County, Virginia.

Cybersecurity Industry Surges Ahead in Virginia

Thursday, 12 May 2016 10:46 by Info@YesVirginia.org

It’s Business Appreciation Month in Virginia, and we’re celebrating by highlighting one of the Commonwealth’s top industries, cybersecurity.

With its close proximity to Washington, D.C., Virginia is part of the nation’s Cyber Capital. As the hub of leading-edge intelligence technology, Virginia serves as a fertile ground for the growing cybersecurity industry. Key federal agencies involved with cybersecurity along with the nation’s leading cyber companies, such as Booz Allen Hamilton, General Dynamics, Lockheed Martin and Northrop Grumman Corp. are located in Virginia.

The Commonwealth is at the center of the IT industry, with 70 percent of the world’s internet traffic passing through Virginia.

On the heels of California, Virginia has the second highest concentration of technology workers in the nation, with nearly 10 percent of the state’s workforce employed by the information technology sector, according to Cyberstates 2015. As a result, Virginia is home to the headquarters of nearly 40 of the Washington Technology Top 100 federal contracting companies.

Reston’s Carahsoft is one of the most successful, fastest growing technology solution providers in the U.S. Founded in 2004, Carahsoft helps government agencies find the best possible technology solution at the best possible value.

NCS Technologies, headquartered in Gainesville, designs, manufactures, distributes and supports its products from a single location for clients including federal agencies, healthcare and schools. Since its founding in 1996, NCS Technologies has become a leading domestic producer of computers, servers and storage systems.

As part of Virginia Business Appreciation Month, cybersecurity represents the high-growth and technological innovation that is alive and well in the Commonwealth. To learn why these companies have found success in Virginia, click here.

 

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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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/McKee-Foods-Celebrates-25-Years-in-Virginia.aspx">McKee Foods Celebrates 25 Years in Virginia
Wednesday, 26 August 2015 16:14 by Info@YesVirginia.org
McKee Foods recently celebrated the 25th anniversary of its Stuarts Draft manufacturing facility in Augusta County, Va. McKee Foods is known for its Little Debbie® line of snack cakes. The family business has grown from a five-person bakery in the 1930’s to America’s No. 1 brand of snack cakes...

McKee Foods recently celebrated the 25th anniversary of its Stuarts Draft manufacturing facility in Augusta County, Va.

McKee Foods is known for its Little Debbie® line of snack cakes. The family business has grown from a five-person bakery in the 1930’s to America’s No. 1 brand of snack cakes.

The Stuarts Draft plant is one of the most advanced facilities in the baking industry. The company established the bakery in 1990 to produce oatmeal crème pies, honey buns and other bakery products.

The company’s most recent announcement in October 2014 included a $34 million investment and 54 new jobs to expand the facility.

McKee Foods employs more than 1,000 people and is the largest manufacturing employer in Augusta County. The company frequently credits the high productivity of its Virginia workforce as paramount to its success.

"We have found our Virginia workforce to be some of the most loyal and highly-skilled employees in the industry — and about 85 members of our Virginia workforce have been at the plant since it opened," said McKee Foods President and CEO Mike McKee.

In addition to a strong manufacturing workforce, Virginia provides McKee Foods with a strategic location, offering easy access to the company’s Northeastern and Canadian customers. Located in the beautiful Shenandoah Valley, the Stuarts Draft location offers McKee employees a high quality of life with close proximity to the Blue Ridge Parkway, Appalachian Trail and numerous national parks.

To learn why more than 580 leading food and beverage companies, like McKee Foods, have chosen to locate in Virginia, click here.

Representatives from McKee Foods, Augusta County and VEDP celebrate the company’s 25th anniversary in Stuarts Draft, Va. Photo courtesy of McKee Foods Corp.

Virginia Receives an “A” for Small Business Friendliness

Tuesday, 18 August 2015 14:39 by Info@YesVirginia.org
Virginia received an A for overall friendliness on Thumbtack.com’s fourth annual Small Business Friendliness Survey. Virginia was the highest ranked state in the Mid-Atlantic and top 10 nationwide. Nearby competitors Maryland received a D+ and North Carolina a B-...

Virginia received an A for overall friendliness on Thumbtack.com’s fourth annual Small Business Friendliness Survey. Virginia was the highest ranked state in the Mid-Atlantic and top 10 nationwide. Nearby competitors Maryland received a D+ and North Carolina a B-.

Thumbtack.com surveyed 17,633 small businesses across the U.S. with 36 questions to evaluate the friendliness of state and local policies toward small businesses on more than a dozen metrics.

Highlights for the Commonwealth include an A+ for ease of starting a business, licensing regulations and environmental factors.   

“Small business owners on Thumbtack have consistently told us that they welcome support from their governments but are frequently frustrated by unnecessary bureaucratic obstacles,” said Jon Lieber, chief economist of Thumbtack.com. “Virginia's policies that support entrepreneurs could provide a helpful guide as we fight a general decline in business startups nationwide.”

“There is an excellent climate for small business in Virginia,” commented a translator and professor in Roanoke. “It is a great place to start and run a business because the state offers support, networking, referral and community enthusiasm.”

Richmond was ranked the No. 3 friendliest city in the U.S. and received an A+.

The survey results once again illustrate that Virginia is a great place for entrepreneurs to start and grow a business. To learn more about the Commonwealth’s pro-business policies, strategic location, competitive operating costs, leading research institutions and highly educated workforce, click here.

Image courtesy of Thumbtack.com

Classes Commence at the Southern Virginia Higher Education Center’s IT Academy

Thursday, 13 August 2015 13:32 by Info@YesVirginia.org
Classes start this Monday, August 17, at the Southern Virginia Higher Education Center’s IT Academy. The IT Academy offers a fast track for students to gain the knowledge and credentials to quickly obtain employment in the technology sector...

Classes start this Monday, August 17, at the Southern Virginia Higher Education Center’s IT Academy.

The IT Academy offers a fast track for students to gain the knowledge and credentials to quickly obtain employment in the technology sector.

Seventeen students are enrolled in the first cohort, with classes scheduled Monday – Thursday evenings over a four month period. Afterwards, students can test for the Computing Technology Industry Association A+, Network+ and Server+ certifications. SVHEC is a member of the CompTIA Authorized Partner Program. 

Classes will take place in the newly renovated, 5,013-square-foot lab at SVHEC in South Boston, Va. The lab includes a data center, hardware repair center, computer-based classroom and conference area to closely approximate a real-world environment.

“We are seeing what I call a market correction in education with an increasing emphasis on students earning third-party credentials. The hands-on, intensive nature of the program allows students to quickly learn the skills they need to be successful in the workplace. Initiatives like the IT Academy are critical to closing the skills gap and preparing the region with skilled workers needed for jobs available right here, right now,” said Dr. Betty Adams, executive director of the SVHEC.

SVHEC and its partners initially designed the academy’s core curriculum around the three certifications and will develop advanced training based on needs and recommendations from major employers in the region. SVHEC worked closely with the Mid-Atlantic Broadband Cooperative, ATOS/Microsoft and HP to launch the academy.

The academy was announced in September 2014 after the Virginia Tobacco Indemnification & Community Revitalization Commission approved grant funding. Governor McAuliffe gave the keynote address at the ribbon-cutting ceremony this June.

To learn more about the program or sign up for the next cohort in June, visit http://www.svhec.org/ita.

The SVHEC IT Academy is another example of the cutting-edge training programs available across the Commonwealth. To learn how Virginia’s workforce can be the advantage for your business, click here.

Governor McAuliffe, Secretary Maurice Jones and SVHEC Executive Director Dr. Betty Adams join members of SVHEC and local officials at the IT Academy ribbon-cutting ceremony in June. Photo courtesy of SVHEC/Drew Morris.

VEDP’s Dan Gundersen to Speak at White House Forum on Economic Development

Wednesday, 29 July 2015 16:00 by Info@YesVirginia.org