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.

From its humble 1887 beginnings selling food-flavoring extracts and spices from a pushcart on Richmond’s Broad Street, the company formerly known as The C.F. Sauer Company enters the new decade as Sauer Brands, Inc., a leading packaged-food manufacturer.

In the spring of 2018, Kristen Wilson wanted to jump back into full-time work after spending several years at home with her two children.

A confluence of geographical, workforce, and other advantages has put Hampton Roads in a strong position in the caffeinated beverage industry.

The field of cybersecurity is as old as the computer, but it’s only in the past decade that it went from being a periphery issue to a cornerstone of government budgets and one of the fastest-growing career fields.

The Innovative Virginia Cyber Range is Giving Students in Virginia — and Beyond — a Chance to Hone Their Cybersecurity Skills Between 2010 and 2014, the U.S.

Virginia is a national leader in the cybersecurity and technology industries, offering tech firms access to the highest concentration of tech talent and the third-largest tech industry workforce in the country.

Steve Morgan is the founder of Cybersecurity Ventures, a leading cybersecurity research company that provides data and insights on global cybercrime to C-suite executives, and editor-in-chief of Cybercrime Magazine. Before starting the company, he worked for antivirus giant McAfee Corp.

Virginia Universities' Transdisciplinary Research is Driving Digital Security Advancements The world’s increasing connectivity offers more opportunity for cybercriminals. The FBI’s 2020 Internet Crime Report cited a 69% increase in complaints of suspected cybercrimes.

Luiz DaSilva is executive director of the Commonwealth Cyber Initiative (CCI) and Bradley Professor in Cybersecurity at Virginia Tech. Before coming to Virginia, he served as the director of CONNECT, a telecommunications research center at Trinity College Dublin.

2020 saw a number of records broken when it comes to the amount of data lost in cyberattacks. Damages from these attacks are projected to carry a global cost of $6 trillion annually, up from $3 trillion in 2015, reports Cybersecurity Ventures — and it’s only going to go up from here.

2021 started off with a cybersecurity boom: The White House officially blamed Russia for the SolarWinds hack, where its foreign intelligence service compromised a software supply chain to spy on thousands of targets, from Microsoft and FireEye to the U.S.

Joel Salatin is the owner and operator of Polyface Farms in Augusta County, which focuses on sustainable, environmentally friendly agriculture. He has authored 11 books, including “Salad Bar Beef,” “Pastured Poultry Profit$,” and “The Sheer Ecstasy of Being a Lunatic Farmer.”

Food and beverage processors operate in an industry where even the most successful companies depend on low margins and economies of scale. That means even the smallest advantage can be a differentiating factor when locating a new facility.

From the Port to Cold Storage to Packaging, Virginia's Supply Chain Helps Feed America and the World The information age has empowered consumers to demand more from their products. Deloitte’s 2019 Future of Fresh study found that two-thirds of U.S.