Governor McAuliffe has signed an executive order to increase the opportunities for small, women- and minority-owned companies to conduct business with the state.
The goal is to promote equity—and maximize the participation of small businesses in work that’s obtained through procurement and state contracts. He also set a high goal for the number of participants.
McAuliffe directed Secretary of Commerce and Trade Maurice Jones to raise the state share of spending that goes to small, women- and minority-owned businesses to 42%.
Around the country, investor participation in the stock market has been declining over the past 15 years -- never mind the fact that equities keep setting records. This has dented the popularity of investment clubs, where members meet regularly to learn about markets and pool their money to invest.
This week on his Richmond-based show “Full Disclosure,” host Roben Farzad introduces us to one club full of mothers, aunts and grandmas still going strong since it began in 1996. It’s the Women’s Investment Club of Richmond, known as “Wicker” (WICR.)
Five years ago, New York surprised the world with a new park, known as the High Line. It was built on an elevated railroad bed that once carried freight, but with lush landscaping, benches, bridges and stairs, it’s become a popular hangout for urban residents in search of nature. Now, the city of Richmond is planning a similar venture.
Chambers of Commerce throughout Virginia are getting ready to honor small businesses with regional awards, that go on to compete at the state level.
The Roanoke Regional Chamber of Commerce is accepting nominations through Monday in such categories s as Business-to-Business, Business-to-Consumer and Technology. Chamber officials say the company doesn’t have to be headquartered in Roanoke to be considered for an award; it just has to conduct business in the Star City. Small businesses, especially restaurants, have their own unique challenges.
The McAuliffe administration has somehow beat every other state in the nation by inking what it says is the largest Chinese greenfield economic development project within the U.S. The deal with a leading Chinese pulp and paper company will result in a two-billion dollar investment, two-thousand new jobs, and millions more in agricultural revenue.