As the Washington Redskins come to the end of their training camp contract in Richmond, the team and the city are doing away with a controversial provision of the deal. EDA has agreed to let the latter back away from the last of its previously agreed-upon local cash contributions.
The Richmond Economic Development Authority signed off Thursday on creation of a $1 million loan program aimed at small businesses struggling with the effects of the coronavirus pandemic.
Left without the ability to generate revenue, the nonprofit announced the layoffs of 89 of its 107 employees in a bid to survive the pandemic.
After finding a niche in cafés and gourmet markets locally, Sara McGlothlin is expanding the reach of her snack bar startup.
What do you do when the main premise of your business model – gathering clusters of people in communal space – is antithetical to the current state of the world?
On the hunt for revenue as its members keep their distance during the pandemic, a local gym is letting its stationary bikes go mobile to bring exercise routines to customers’ living rooms.
As one electric scooter rental company hits pause on its Richmond operations, another operator continues service in the city as the coronavirus pandemic rages.
Despite shutting down last week and temporarily laying off its staff, Don’t Look Back is looking ahead to a day when it can reopen and try what it hopes is a novel approach to surviving the coronavirus downturn.
The Central Virginia COVID-19 Response Fund was seeded with a $500,000 contribution from the Community Foundation and has grown to $3 million with donations from Atlantic Union Bank, Bank of America, Capital One and others.
“It’s a judgement call and I know the numbers. It’s hard to be a Carytown business in a good economy.”