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.

When executives at Traditional Medicinals decided to build an East Coast manufacturing and processing operation, they cast a wide net.

Kevin Scott is chief technology officer and executive vice president, technology and research, at Microsoft, and the author of the 2020 book “Reprogramming the American Dream: From Rural America to Silicon Valley — Making AI Serve Us All,” which discusses how artificial intelligence can promote growth and benefit all of society.