Business & Industry

Renaming the Redskins

Jun 26, 2015
Creative Commons

The Washington Redskins were back in court this week, hoping to overturn a U.S. Patent Office decision that canceled the team’s trademark, because some find it offensive.  That controversy prompted business students at Virginia Commonwealth University to research and choose new names for DC’s professional football team. 

Whatever happens in court, VCU Business Professor Kelly O’Keefe says Washington has got to come up with a new name, because native Americans are not the only ones who think calling a team by skin color is offensive.

 About half the private sector jobs in this country are in small businesses. Women comprise a third of small business owners nationwide.  But in Floyd Virginia, where county officials held a contest for the best new small business plans, 100% of the winners were women. 

In parts 1 and 2 of this report, you met some of them. Today we meet the others.

More from Floyd's Kinder, Gentler Shark Tank

Jun 25, 2015

 Small, rural communities can have a tough time attracting large employers; so some are looking to spur local business development from the ground up. In Floyd, Virginia, they held a competition offering prizes for the best business plans.

Yesterday we heard from the first place winner, who’ll now be able to take her natural and organic body care products to the next level. 

Today, in part 2 of our series….we meet the second place winner with another home grown business idea. 

A Kinder, Gentler Shark Tank

Jun 23, 2015

Lots of people dream of starting their own businesses. But how many of those table  top discussions actually go on to the next phase?  Taking a cue from the popularity of the “Shark Tank” TV show, spin-off tanks are springing up.  Communities are  using them to help launch local businesses in Virginia. 

If TV’s Shark Tank is for the big fish, Floyd’s was more like a school of small fish.  Instead of venture capitalists looking to invest it was area economic development experts doing the judging.

Governor Declares VA's Menhaden Harvest Level

Jun 4, 2015

Last month fisheries managers from Florida to Maine voted for a ten percent increase in commercial harvests of menhaden.

The oily fish is loved by bald eagles, osprey and other fish and is used along the Atlantic as bait to catch tastier fare like lobster and crab. At a rainy ceremony today, Governor Terry McAuliffe threw his support behind Omega Protein, the last fish rendering plant on the East Coast.

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