Grow Internationally With a Helping Hand

Friday, 28 August 2009 11:23 by Info@YesVirginia.org

Operating a company has its challenges. Taking the leap to expand your business internationally can be downright daunting.

But it doesn’t have to be.

Since 2006, VEDP’s Global Network has helped nearly 200 Virginia companies navigate common international obstacles—language and cultural barriers and the like—and provide the services they need to set up shop overseas. The Network removes much of the risk by offering pre-screened, in-country consultants, who, in partnership with VEDP International Trade, deliver industry-specific market research. Recently, the Network expanded into 17 additional countries, including Bulgaria, Turkey, the Netherlands, Israel and South Africa, now providing in-country services in a total of 44 different countries.

Research available ranges from the best strategy for entering a particular market to information on distributors, competitors and potential clients. Once the company visits its target market, the Global Network provides a host of in-country services, including logistical support, matchmaking assistance and service provider contacts.

Nancy Cleveland of LC Technologies in Fairfax used the Global Network to find a reputable distributor in France.  LC Technologies has developed a unique technology that uses eye movement to control computers and monitor and record eye motion and related eye data. 

 “We really could not have found CIMIS [LC Technologies’ new distributor] in France without the help of VEDP’s Global Network,” Cleveland said. “It’s difficult to find good people in other countries, and VEDP has been invaluable in helping us locate CIMIS, a good match for our very specialized technology.”

During these difficult economic times, when U.S. sales are down for many Virginia businesses, it is vital that companies look beyond American borders for sales opportunities.  The Global Network provides a familiar, helping hand full of critical and timely information about opportunities in specific industries in 44 target markets. The services are free to Virginia companies up to $3,000 per fiscal year. For more information about VEDP’s Global Network, visit http://www.exportvirginia.org/.

Celebration Leads to Jobs in Martinsville

Friday, 14 August 2009 15:43 by Info@YesVirginia.org

The Martinsville-Henry County community has reason to celebrate. Monogram Food Solutions, LLC, a meat manufacturer out of Memphis, announced it will purchase the meat snack business of American Foods Group, LLC (also known as Knauss Foods), including the Martinsville production facility. The company plans to invest $3 million to expand production capacity at the Patriot Centre Industrial Park facility. The company has committed to investing every dollar it can in the local economy. More importantly, Monogram Food Solutions has agreed to keep all of the current employees and add 120 new jobs. www.YesVirginia.org

This announcement is like a breath of fresh air for a region that has been wrestling with a double-digit unemployment rate that’s more than twice the national average. Monogram Food Solutions’ average annual salary of about $28,000 is right in line with the region’s prevailing average wage, and 120 new jobs will provide a welcome opportunity for some of the 800+ folks who have been laid off since January 2008. About 50 people have already been hired. Another 70 should be employed by the end of the year.

The job requirements? “Energetic, passionate people who are not afraid of hard work,” was what the company was looking for, according to Ches Jackson, President of Monogram Meat Snacks. They shouldn’t be too hard to find in Martinsville.

 

Virginia Helps Companies Make Headlines

Monday, 10 August 2009 09:51 by Info@YesVirginia.org

LiteSteel Technologies America, Canon, Optical Cable Corporation, Northrop Grumman Shipbuilding and GE Energy were recently showcased in IndustryWeek as the definition of advanced manufacturing.

LiteSteel was touted for its globality and Canon for its sustainability. Northrop Grumman Shipbuilding was highlighted for its successful supply chain network and Optical Cable Corporation for customization. GE Energy received high marks for leading-edge technology.

Had they paid for that horn-tooting ink in the form of an advertisement it a) would not have had the credibility of a third-party validator such as IndustryWeek behind it and b) would have cost upward of $10,000. Instead, these companies in June gave an hour of their time, some refreshments and a few chotchkies bearing their brand. In return, they received positive coverage in one of the most powerful business-to-business media venues out there thanks to their participation in the Virginia Advanced Manufacturing Media Tour, hosted by VEDP. 

VEDP coordinates two media tours annually to bring awareness to industries that are experiencing success across Virginia.  While the chief objective of the tour is to promote Virginia as an ideal business location, we also manage to snag a positive headline here and there for participating companies.

Media tours are just one of many ways VEDP works to nurture Virginia’s relationship with its corporate community. A company’s partnership with the Commonwealth doesn’t end when the shovel pierces the Earth. It’s only just beginning. To learn more about partnering with Virginia, visit www.YesVirginia.org.

The Power of the Future Belongs to Virginia

Monday, 6 July 2009 13:22 by Info@YesVirginia.org

Check out Virginia Business Magazine’s latest issue for a comprehensive article about Virginia’s nuclear industry.

It makes for a good read. The article underscores Virginia’s efforts to maintain a strong base of power generation from various traditional sources, while a variety of renewable resources and their associated technologies take on a larger share of the power-generation picture.

There’s no doubt the Commonwealth views nuclear as a key pillar of our unique generation and power reliability story. The power of the future belongs to Virginia. Home to three of the top global players in the energy sector (AREVA NP, Babcock & Wilcox and Northrop Grumman Shipbuilding) and a plethora of national players, Virginia’s cluster of technology, workforce and corporate businesses positions the Commonwealth as a leader in clean energy and advanced manufacturing of components for the energy sector. The vertical integration of Virginia’s assets—from workforce to real estate to research & development, to regulatory climate and proximity to market—means that energy-related companies can grow in a business climate that is prepared to sustain their competitiveness for the long term.

The article highlights the groundbreaking of the new AREVA Newport News project, a joint venture with Northrop Grumman Shipbuilding to manufacture equipment and pressure vessels for the nuclear industry. Governor Kaine will join AREVA and Northrop Grumman officials later this month for the groundbreaking ceremony in Newport News. Also discussed are several industry firsts that are happening right here in the Commonwealth: Babcock & Wilcox’s plans to develop a scalable, modular game-changing nuclear reactor, Dominion Virginia Power’s plans to build one of the first new nuclear reactors in the U.S. in three decades, and Virginia Commonwealth University is the first state university to add a nuclear engineering track to its masters engineering degree program.

The Commonwealth’s energy sector already employs more than 31,000 people, and Virginia ranks second in the number of nuclear engineers. We see both of those figures growing by leaps and bounds in the coming years, thanks to programs such as PRODUCED in Virginia (Providing Undergraduate Connections to Engineering Education in Virginia) and important strategic investments like that of the Virginia Tobacco Commission toward R&D facilities and research contracts, mainly around energy.

With help from a state interagency energy task force, VEDP is actively seeking project opportunities across the full spectrum of traditional and alternative energy resources. For more information about operating your energy facility in Virginia, visit us at www.YesVirginia.org or contact Mike Carruth at mcarruth@yesvirginia.org.

We’re Pro-Business and We’re Proud

Thursday, 25 June 2009 21:22 by Info@YesVirginia.org

Well, it looks like Virginia has done it again. Despite a troubled national economy, the Commonwealth is the top pro-business state for 2009, according to Pollina Corporate Real Estate, a top U.S. corporate site location expert. While Pollina doesn’t have the brand recognition that Forbes does, the organization’s seal of approval carries substantial weight in economic development and site selection circles.

This leading label marks Virginia’s third No. 1 ranking by Pollina. The Commonwealth held the top spot in 2003 and 2007. We ranked second in the Pollina study from 2004 to 2006 and dropped to third place last year. The current recession brings even more importance to Virginia’s climb from third last year to first place.

It means we must be doing something right. The annual study evaluated all 50 states based on 33 factors, including taxes, human resources, right-to-work legislation, energy costs, infrastructure spending, workers compensation laws, economic incentives programs, and state economic development efforts.

Virginia did well in the Labor, Taxes, and Other Factors categories, where we placed fourth overall. Our lead can also be attributed to strengths in college completion, low unemployment, right-to-work status, workers compensation rates, low corporate taxes, low sales and gross receipts taxes, our corporate litigation environment, and low crime rates.

"Virginia maintained its rank for Incentives and Economic Development Agency Factors by having one of the finest economic development departments in the nation, and providing flexible incentives for business creation. A close examination of Virginia’s programs reveals a very well-balanced understanding of economic development," said Brent Pollina, Vice President of Pollina Corporate and author of the study. "The programs include: low-interest loans, infrastructure improvement grants, corporate tax credits, enterprise zone tax credits, customized industrial training and property tax abatements. The Governor’s Opportunity Fund is one example of a program that clearly sets Virginia apart from other states. Virginia’s strength is its ability to front-load some of its key business incentives. This provides companies with capital when they most need it – the first 36 months of a project."

There you have it. We couldn’t have said it better ourselves.

Pounding International Pavement

Wednesday, 17 June 2009 16:13 by Info@YesVirginia.org

VEDP gets a lot of inquiries—and criticism—regarding Governor Kaine’s participation on overseas marketing missions.

The comments often leave us scratching our heads. During these tough economic times, what is more important than working to bring jobs and investment to the Commonwealth? It’s more important now than ever to be out pounding the pavement in the name of promotion.

International pavement is especially important given that in 2008, international companies were responsible for more than 6,000 new jobs and $1.5 billion of investment in Virginia. The capital investments made by international companies in 2008 increased by more than 84 percent over 2007 and represented the fourth straight year of increased international investment. 

VEDP would really like to see that trend continue. Therefore, we plan and budget for overseas marketing missions, an aggressive and pro-active approach to project recruitment and export development that exposes the maximum number of foreign business leaders in a minimum amount of time to the advantages of doing business in Virginia. These trips also enable foreign corporate officials to meet the Commonwealth’s leadership, and provide Virginia’s leadership the opportunity to strengthen their understanding of current financial and business environments overseas. 

The Governor’s participation is especially important because he can open doors that VEDP is unable to open on its own. With the Governor at the lead, we meet with CEOs. Without him, we usually end up with someone with very little decision-making power.  

These trips are nothing new—Virginia governors have participated on overseas marketing missions for many years.  A personal meeting by the Governor with corporate executives demonstrates the high priority that is placed on Virginia’s business community, an important message to relay in a highly competitive market.

We’re thankful we have a Governor who embraces globalism and doesn’t get hung up on the misperception that it means American jobs going overseas. International companies like Volkswagen, AREVA, Canon and Swedwood, all of which have recently brought quality jobs and significant investments to the Commonwealth—are proof of that. They like us, too.

To learn more about the benefits your international company can enjoy in Virginia, visit YesVirginia.org or call us at (804) 545-5600.

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Green is in High Gear in Virginia

Friday, 12 June 2009 13:55 by Info@YesVirginia.org

 Green is the nation’s new favorite color. It’s on product packaging, splashed across the side of buses, dangling from company tag lines. Now it’s being attached to job categories. Add to white-collar and blue-collar the new “green-collar” job.

As we all know, “green” refers to more than just a color these days. It’s all about the environment, energy efficiency and conservation, and eco-friendliness.

Governor Tim Kaine pointed Virginia in the direction of all things green in September 2007 when he released the Virginia Energy Plan. The plan challenges the Commonwealth to a 40 percent reduction of the rate of energy growth by 2017, and a 30 percent reduction of greenhouse gas emissions by 2025, bringing emissions back to 2000 levels.

In December 2008, Governor Kaine launched the Renew Virginia Initiative with the goal of making Virginia a leader in environmental protection and energy conservation and efficiency. The initiative includes legislative proposals to reduce Virginia’s dependency on foreign oil, improve the environment and create “green” jobs.

That’s where we come in. Before the Initiative was launched, Governor Kaine hosted an energy roundtable discussion to hear from executives representing a wide range of alternative energy generation, energy conservation, and research and development companies. They discussed best practices for corporate and university research and development collaboration, incentives, skill sets needed to attract energy project investment, and factors influencing site location of energy production facilities.

With insider information in hand, VEDP is better equipped to assist energy companies in finding solutions to meet their business needs. We understand the importance of having policy support and we have new knowledge about the factors that influence energy-related companies’ location decisions. We get the need for a supportive business climate, and we can deliver.

We’re now working with an interagency task force, made up of relevant state agencies, university partners and federal labs in Virginia to build a compelling case for energy-related businesses’ location to Virginia.

To learn more about what Virginia can offer your energy company, check out our Web site at YesVirginia.org or call us at (804) 545-5600.

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IT Just Got a Little Cheaper to Operate in Virginia

Thursday, 4 June 2009 09:29 by Info@YesVirginia.org
Virginia offers a great advantage for Information Technology and the growing cluster of data centers already located throughout the Commonwealth.

Information technology companies that may have glanced at Virginia in the past may want to take a harder look. Virginia now offers a great advantage for IT and the growing cluster of data centers already located throughout the Commonwealth. The Virginia General Assembly recently unanimously passed a bill that enables companies to receive an exemption from the Virginia Retail Sales and Use Tax for computer equipment purchased or leased for use in a data center.

There are a few stipulations, of course. The equipment must be purchased or leased between July 1, 2010 and June 30, 2020. The data center must be located in a Virginia locality and generate at least $150 million in capital investment after July 1, 2009. Last but not least, at least 50 new jobs must be created that pay one and one half times the prevailing average wage in the locality.

This legislation has already proven to be a valuable tool in recruiting and retaining existing data centers. VEDP issued a press release announcing Virginia’s new advantage to industry pubs that generated immediate inquiries.

Moments after the release was sent, Data Center Knowledge headlined the news on its Web site: http://www.datacenterknowledge.com/archives/2009/05/13/virginia-passes-data-center-tax-incentives/. And the phone lines in VEDP’s Business Development Division received multiple calls from companies that read the release. IT and data centers are definitely a strong growth sector of Virginia’s economy. We look forward to continuing to look for ways that assist with financial efficiencies and operational savings for these businesses. 

For more information about how VEDP can assist your company, visit us at YesVirginia.org or call (804) 545-5600.

VEDP is Entering the Blogosphere

Tuesday, 19 May 2009 15:40 by Info@YesVirginia.org

We’re not sure we belong here, but we’re giving it a shot. We’d like to think VEDP is among cutting-edge state economic development organizations. After all, Virginia has been ranked the “Best State for Business” for three years in a row by Forbes.com. That didn’t just happen.

In times of economic crisis, Virginia needs to be creative with how it delivers its message. We’re often credited for our creativity when it comes to helping companies find solutions to meet their needs. Now it’s time to help ourselves.

Like others, our marketing budget has been slashed and our economic development activity has slowed. But in comparison to other states across the nation, Virginia is holding its own. In fact, the number of announcements, the sector and geographic diversity, and the encouraging ratio of new to expanding economic development projects suggest that Virginia remains a sought-after destination for new business investment.

We intend to keep it that way. If one (free) method of marketing Virginia means venturing out into the unknown world of cyberspace—we’re willing to give it a shot. It remains to be seen if it will help; it certainly can’t hurt.

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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 | CCAM Receives 2012 Manufacturing Leadership 100 Award

CCAM Receives 2012 Manufacturing Leadership 100 Award

Friday, 27 January 2012 14:53 by Info@YesVirginia.org
Virginia’s Commonwealth Center for Advanced Manufacturing (CCAM) recently won a 2012 Manufacturing Leadership 100 Award (ML100) in the category of New Workforce. The awards are presented by Manufacturing Executive, a division of Thomas Publishing LLC of New York.

Virginia’s Commonwealth Center for Advanced Manufacturing (CCAM) recently won a 2012 Manufacturing Leadership 100 Award (ML100) in the category of New Workforce. The awards are presented by Manufacturing Executive, a division of Thomas Publishing LLC of New York.

Created eight years ago, the ML100 Awards recognize excellence, innovation and transformational projects in the field of manufacturing. The New Workforce category seeks to honor companies that “have come up with innovative ways to bring new workers with critically needed new skills into the workplace, and to allow them to productively collaborate with and learn from existing knowledge experts. Winning projects, for example, will involve education and training, knowledge management and transfer, and collaboration with educational institutions,” according to Manufacturing Executive.

The award criteria is a near perfect description of CCAM, which brings together leading manufacturing companies and top educational institutions to collaborate and develop new technologies that result in a more efficient manufacturing process. Canon Virginia Inc., Chromalloy, Newport News Shipbuilding, Rolls-Royce, Sandvik Coromant and Siemens are a few of the market leading companies that participate in the program with the University of Virginia, Virginia Tech and Virginia State University. CCAM’s research efforts focus on developing solutions for surface engineering and manufacturing systems. Research is already underway in labs at UVA and Virginia Tech while CCAM's 60,000 square-foot, high-technology facility is expected to open in September 2012 in Prince George County, Va.

To learn more about Virginia’s internationally recognized R&D facilities and why companies choose Virginia for its access to cutting-edge research and technology, 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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YesVirginia Business Blog | All posts tagged 'Virginia entrepreneurs'

Specialty’s Our Name — Expanding a Family Business Through the Generations

Friday, 29 May 2015 09:19 by Info@YesVirginia.org
Butch Harrison founded Specialty’s Our Name in 1990, a precision sheet metal fabrication and machine shop based in Ashland, Va. His three sons, Brandon, Utley and Kevin, worked in the shop since high school and each found their niche, whether it was handling the finances, managing customer relationships or processing orders...

Butch Harrison founded Specialty’s Our Name in 1990, a precision sheet metal fabrication and machine shop based in Ashland, Va.

His three sons, Brandon, Utley and Kevin, worked in the shop since high school and each found their niche, whether it was handling the finances, managing customer relationships or processing orders. When their dad passed away in 2009, the brothers took ownership and proudly carried on the family name and reputation for a superior product and customer service at S.O.N. Inc.

“We do the work other people don’t want to do,” said Brandon Harrison. “Our high-end, custom sheet metal work is in the White House Visitor Center, the American Civil War Museum at Tredegar and the Virginia Historical Society, and our customers include Homeland Security, Architectural Graphics Inc., Dometic Corporation and Showbest Fixtures.”

The company has successfully grown from two people in a 2,500 square foot building to more than 30 people in a 32,000 square foot facility. The company delivers custom products and can offer consulting, drafting, welding, deburring, powder coating and precision parts, all from one location.

The Harrison brothers not only weathered the recent economic downturn, but were able to continue growing their company. “We did feel some of the effects, but we manage our finances well and purchase equipment as we need it, so we don’t carry a lot of debt.” said Harrison. “We also have a broad customer range, from the marine industry to railroads to store fixtures. Being diverse helped us stay strong and grow our company through the tough times.”

The brothers also took a calculated risk and started a sister company in 2008, Pro Powder & Paint Inc. “About 90 percent of our customers want a finish on their steel or aluminum products. We provide that and do our own powder coating and wet paint at a facility just down the street,” said Harrison.

The company just had one of its best years and has a solid plan to grow both businesses and eventually combine them into one larger building.

“We are lucky,” said Harrison. “The three of us are all equally responsible and we get to expand on what our father built. We really try to keep the family atmosphere throughout the company as we grow. We have several cousins and family members working in the shop, and we treat all of our employees like we are one big family. Without every piece of the puzzle coming together, this wouldn’t be possible.”

As we celebrate Virginia Business Appreciation Month, Specialty’s Our Name serves as another great example of the ingenuity and dedication of Virginia entrepreneurs. To learn why the Commonwealth is a great location to grow a business, click here.

Specialty’s Our Name owners Brandon, Utley and Kevin Harrison at their company headquarters in Ashland, Va.

Marstel-Day — Growing a Green Business in Virginia

Thursday, 28 May 2015 09:33 by Info@YesVirginia.org
Rebecca Rubin started Marstel-Day in 2002 with a passion to help large institutions conduct business in a way that is both effective and preserves the natural resource base...

Rebecca Rubin started Marstel-Day in 2002 with a passion to help large institutions conduct business in a way that is both effective and preserves the natural resource base.

Based out of Fredericksburg, Va., the company has grown from a one-woman desk to 160 employees nationwide. With clients ranging from government agencies to academic institutions, Marstel-Day helps organizations develop an overall strategy to be more eco-friendly.

“Our customers may have the interest and funding, but we help them with their strategies and policies,” said President and CEO Rebecca Rubin. “Whether they want to be carbon neutral or make better use of their ecosystem services or reduce water consumption or be ready for climate change, we help them get there. We look at such things as their vulnerability to drought, temperature change, responsiveness and resilience of the IT structure to climate events — and help them answer the big picture questions.”

The company’s success speaks for itself. Marstel-Day experienced 8-10 percent growth every year, including during the economic downturn. Its impressive client roster includes the Department of Defense, Fish and Wildlife Service, National Oceanic and Atmospheric Agency, Department of Homeland Security, Environmental Protection Agency, General Services Administration and National Laboratories. 

Marstel-Day has also received numerous accolades, including being named to both the Inc. 5000 list and Zweigwhite’s Hot Firm list for six consecutive years, the Alliance for Workplace Excellence Eco-Leadership Award three years in a row, the Virginia Fantastic 50 list for the third time, and the UVA Darden School’s Tayloe Murphy Award for Resilience.

Rubin chose to headquarter the business in Fredericksburg for two reasons:  proximity to a rail line and access to a great park system. “We were deliberately trying to get our employees off the roads and onto public transportation,” said Rubin. “Our other Virginia offices in Richmond and Alexandria are also within a quarter of a mile of a main train line. If you translate that into hours saved, it has an enormous impact on employee morale and health.”

“Because of its battlefield history, Fredericksburg has preserved green spaces and they have a new trail system. Having a park system where our employees can jog or bike during their lunch hour or after work is tremendously important to us.”

“There’s a reason why we’re here. Historically, Virginia has done a good job of understanding and appreciating the significance of nature and ecotourism. We find Virginia’s and the Governor’s commitment to green important to us as a company.”

As we celebrate Virginia Business Appreciation Month, Marstel-Day is another great example of how entrepreneurs find a successful environment for innovation in the Commonwealth. To learn why Virginia is a great place to grow a business, click here.

Marstel-Day President and CEO Rebecca Rubin at the company’s headquarters in Fredericksburg, Va. Photo courtesy of Marstel-Day LLC.

Charlottesville Entrepreneurs Launch Moonlighting Mobile Marketplace App

Monday, 8 December 2014 15:51 by Info@YesVirginia.org
A team of Charlottesville entrepreneurs recently launched Moonlighting, a mobile company with an app that helps job seekers and people needing work done to connect...

A team of Charlottesville entrepreneurs recently launched Moonlighting, a mobile company with an app that helps job seekers and people needing work done to connect.

The three co-founders began brainstorming in August 2013 to find a way to parlay their expertise in payment platform development and mobile technology. According to CEO Jeff Tennery, “We wanted to do something significant that would really resonate with people. The employment market made the most sense.”

According to the company, Moonlighting is the only marketplace that lets users engage as both a payer and earner in a mobile environment. With two simple categories —“make money now” and “get stuff done” — users can easily identify their needs and skills.

The app is similar in functionality to Facebook and Twitter. In addition, users can easily post Moonlighting requests to their social media accounts.

Like most entrepreneurs, the company founders kept their day jobs while moonlighting on nights and weekends to hammer out the business plan and technology. After raising an angel seed round of funding in April and testing an alpha version of the technology in August, the company officially launched its app on October 15.

In just over a month, Moonlighting has already reached thousands of users nationwide, with projections for dramatic growth.

“Charlottesville is a rich, diverse area with a solid investment community. There’s a strong constituency of experienced business people looking to finance start-up and angel companies and offer their expertise,” said Tennery.

Proximity to UVA also allowed the company to tap into a talented labor pool. “We worked with undergrads from the business school on the marketing, Darden grads helped us with the business plan, and law school students helped write our terms and conditions,” noted Tennery.  “The region is rich in both business and culture, so there’s a great labor force of UVA grads who want to remain in the area.”

Highlighting the growing peer-to-peer economy and its financial impact, Moonlighting has published its first comprehensive report on how the nation is “moonlighting” through multiple financial opportunities. The monthly M.O.O.N. Report (Mobile Optimized On-Demand Network) tells the story of the American moonlighter and reveals the economic trends taking place in the new 1099 society. To download the app and report, visit the company’s website http://moonlightingapp.com/.

The fast growth of a technology-driven company like Moonlighting is another example of how Virginia provides the right resources and environment for entrepreneurs to start and grow their businesses. To learn more, click here.

The Moonlighting team at the company’s October launch party.

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.

Montgomery County Gains another 50 Jobs—Social Media Company Heyo Expands

Wednesday, 12 September 2012 08:55 by Info@YesVirginia.org
Heyo, formerly known as Lujure Media Inc., just announced plans to invest $100,000 and create 50 new jobs in Blacksburg, Va., located in Montgomery County...

Heyo, formerly known as Lujure Media Inc., just announced plans to invest $100,000 and create 50 new jobs in Blacksburg, Va., located in Montgomery County.

Founded by students at Virginia Tech and Radford University in 2010, Heyo is a shining example of the innovation and creativity of Virginia’s entrepreneurs. The company provides an easy-to-use platform that allows users to drag and drop Facebook fan pages, mobile apps and websites.

Virginia’s universities thrive when it comes to cultivating the entrepreneurial spirit necessary to create next generation technologies. Heyo’s student entrepreneurs received guidance along the way through entrepreneurial programs at their respective universities.

CTO Brian Putt was a member of Radford University’s Collegiate Entrepreneurs club. CEO Nathan Latka and CFO Josh Gunter both attended Virginia Tech and the trio entered Heyo into the Virginia Tech Student Business Competition in 2011, winning the $5,000 grand prize. The competition was sponsored by the Virginia Tech KnowledgeWorks Third Annual Entrepreneurship Summit. 

With easy access to tech-savvy grads, Heyo’s decision to remain in Blacksburg is certainly a positive reflection on the local talent pool. According to CEO Nathan Latka, “The close knit community makes it easy to build culture and hire top tier talent from top ranked local universities like Virginia Tech and Radford University.”

No stranger to top IT talent, Virginia boasts the highest concentration of high-tech workers according to Cyberstates 2011.

Governor McDonnell designated 2012 as “The Year of the Entrepreneur,” and Heyo’s rapid success is a great example of why Virginia is the best place for entrepreneurs.

To learn more about Virginia’s robust technology industry, click here.

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