Virginia Economic Review

The Commonwealth of Virginia has existed as a business venture since its inception in 1607, when the Virginia Company of London formed a joint-stock company to bring profits to shareholders and establish an English colony in the New World.

Virginia’s higher education system, consistently ranked as one of the best in the country, is well established as an elite talent incubator. But the Commonwealth’s universities, both public and private, also serve as a launching pad for startup companies.

Paul's Fan Company in Buchanan County was founded in 1958 as a small machine shop servicing the coal mining industry. It evolved over the years to focus on improved mine ventilation, producing turnkey industrial ventilation solutions for companies.

Tom Walker is the founder and CEO of DroneUp, a provider of drone delivery and flight services that has operated out of Virginia Beach since its founding in 2016.

While many drivers along the Interstate 81 Corridor focus on the beauty of the surrounding mountains, I-81 is the backbone that connects a thriving manufacturing industry. Unlike many interstate systems, I-81 circumvents major metro areas to connect smaller and mid-size cities.

While many drivers along the Interstate 81 Corridor focus on the beauty of the surrounding mountains, I-81 is the backbone that connects a thriving manufacturing industry. Unlike many interstate systems, I-81 circumvents major metro areas to connect smaller and mid-size cities.

While many drivers along the Interstate 81 Corridor focus on the beauty of the surrounding mountains, I-81 is the backbone that connects a thriving manufacturing industry. Unlike many interstate systems, I-81 circumvents major metro areas to connect smaller and mid-size cities.

While many drivers along the Interstate 81 Corridor focus on the beauty of the surrounding mountains, I-81 is the backbone that connects a thriving manufacturing industry. Unlike many interstate systems, I-81 circumvents major metro areas to connect smaller and mid-size cities.

While many drivers along the Interstate 81 Corridor focus on the beauty of the surrounding mountains, I-81 is the backbone that connects a thriving manufacturing industry. Unlike many interstate systems, I-81 circumvents major metro areas to connect smaller and mid-size cities.

Maj. Gen. Ted Mercer is the new CEO and executive director of Virginia Space, the owner and operator of the Mid-Atlantic Regional Spaceport (MARS), collocated at the NASA Wallops Flight Facility on Virginia’s Eastern Shore.

COVID-19 has underscored the value of businesses embracing digital technologies in the healthcare space — from telehealth and remote patient monitoring to artificial intelligence (AI) for predictive analytics and diagnostic insights.

In recent years, the increased amount of available data — 64.2 zettabytes (equal to 1 trillion gigabytes) were created globally in 2020, compared to 2 zettabytes in 2010, according to Statista — and ways to analyze and use it have escalated the demand for data science professionals to fill data analyst, business intelligence engineer, and other roles.

E-commerce became the lifeblood of retailers and business-to-business (B2B) suppliers in 2020, yet the innovation that grew out of this need has disrupted industry norms forever. Research from the Retail Industry Leaders Association (RILA) and McKinsey & Co.

After a year of focusing on operations during the COVID-19 pandemic, data center investments are on the rise, with an eye on expanding capacity to meet pandemic-influenced changes in consumer behavior.

Consumers’ increasing demand for safe, sustainable, locally grown food is driving interest and investment in controlled-environment agriculture (CEA).

Across the wireless industry, 5G — the fifth-generation technology standard for broadband cellular networks, meant to deliver higher data speeds, lower latency, more reliability, and higher capacity — has been not just the next big thing, but a family of next big things.

Matt Poe always had an affinity for technology and cameras. Yet it wasn’t until he purchased a drone four years ago that he realized how much he enjoyed photography and videography. To hone his skills, the Abingdon resident began shooting footage of the mountainous region’s picturesque scenery.

Exports give small business global reach The Great Recession held nothing in the way of good timing, but in late 2011 Prairie Capital and Vierville Capital felt the pinch of retraction with particular pain.