From INSIDE BUSINESS By SANDRA J. PENNECKE The five winners of the 2020 RISE Coastal Community Resilience Challenges are ready to put their ideas into action — right here in Hampton Roads — to help coastal communities adapt to sea level rise and flooding. RISE’s mission is to accelerate innovation and business growth that involve ways… [Read More]
The future is being created here
Startups, universities, and entrepreneurs are aiming to reshape entire industries at Verizon’s 5G Labs. Here’s a peek at what that looks like. BY FASTCO WORKS Like many innovative breakthroughs, it all started by addressing a pain point. Joe Weaver, the CEO of Ario, and his team recognized how augmented reality could increase productivity, reduce downtime, and provide… [Read More]
William & Mary’s Business School collaborates with Hampton Roads SBDC to offer free consulting to businesses affected by COVID-19
WILLIAMSBURG, VA – The Raymond A. Mason School of Business at William & Mary and the Hampton Roads Small Business Development Center (HRSBDC) have formed a partnership to provide consulting services to small business owners in the Hampton Roads area through a newly-formed, student-led organization offering free consulting. The CrimDell Small Business Network (CrimDell SBN)… [Read More]
Norfolk’s SVT Robotics wants to make robot tech more accessible
FROM RICHMONDINNO By Megan Corsano Simplicity, velocity, transparency. These are the values that automation industry veterans A.K. Schultz and Michael Howes sought to bring to the world of robotics when they launched SVT Robotics in Norfolk. After spending a career deploying hundreds of millions of dollars worth of robotics and automation technology to the nation’s largest companies, the… [Read More]
757 Accelerate: Alumni have raised millions in revenue and capital
FROM INSIDE BUSINESS 757 Accelerate, a mentor-driven program that helps startups grow, reported that its 11 alumni companies have generated more than $3.5 million in revenue and added more than 48 jobs to the regional economy. The nonprofit accelerator program operated its second 12-week course last fall. The program provides promising startup founders $20,000 in… [Read More]
757 Accelerate Announces Its Economic Impact
From CoVA BIZ Magazine 757 Accelerate is proud to announce the record-breaking successes of its 11 alumni companies as detailed in its 2019 Impact Report. 757 Accelerate – a selective, mentor-driven, startup program providing promising founders $20,000 in capital without taking equity – ran its second 12-week course last fall, accelerating six more companies for a… [Read More]
757 Angels Unlocks Capital through Education
Hampton Roads, VA, May 18, 2020 – Let’s not forget about the American Dream. Our country has been built by hard working entrepreneurs. Entrepreneurs have been the engine of this country and will continue to kick-start our economy with innovation and job growth, especially in these challenging COVID-19 times and beyond. Angel investors play a significant role by financially… [Read More]
Consulting firm nonprofit seeks Hampton Roads pitches for coronavirus grants
From Inside Business By TREVOR METCALFE Hampton Roads nonprofits, entrepreneurs and startups who find a new way to assist people during the coronavirus pandemic could receive up to $100,000 from a new $1 million grant program. The grant program was started in late April by the Booz Allen Foundation, the philanthropic arm of the Booz Allen… [Read More]
Several Familiar Names on the 2020 Inside Business Power List
To say the Hampton Roads entrepreneurial community is picking up steam would be an understatement. For those thinking about starting a business, are in the process of starting a business or are growing a business of their own, there are more resources available now than ever before. To take this one step further, many of… [Read More]
RISE Announces Five Winners of the 2020 Coastal Community Resilience Challenges
For Immediate ReleasePaul RobinsonRISE Executive Director(757) 258-0500paulrobinson@riseresilience.orgNorfolk, VA., May 18, 2020 – RISE today announced five winners of the 2020 RISE Coastal Community Resilience Challenges. The winners are small businesses that will each receive up to $250,000 to advance and demonstrate cutting-edge products that help coastal communities adapt to the impacts of sea level rise and flooding. RISE will… [Read More]
Startup Spotlight: Companies in the NRV portfolio respond to coronavirus outbreak by offering new services
By JOHN REID BLACKWELL Richmond Times-Dispatch Several startup companies that are part of the investment portfolio of NRV, a Richmond-based venture capital group, have taken steps to respond to the coronavirus pandemic. For instance, Shenandoah Valley Organic, a Harrisonburg-based company that sells organically raised chicken under the Farmer Focus brand name, has given each of… [Read More]
SVT Robotics Raises $3.5M Seed Funding Led by Cowboy Ventures
Despite pandemic, SVT to expand software platform that enables businesses to rapidly adopt robotics NORFOLK, Va., May 5, 2020 /PRNewswire/ — SVT Robotics, a startup whose software accelerates and simplifies deployment of industrial robotics, announced today that it has completed its seed round of $3.5 million. Cowboy Ventures led the investment round, with Dynamo Ventures, Schematic Ventures, Ludlow Ventures,… [Read More]
