News

‘I wanted ownership’

When S&K Menswear closed last year, Scott Ilnicky found himself out of work for the first time in 20 years. Now he’s the second former S&K-er to set out on his own in the apparel business with his business partner/wife.

Richmond-based group pushes for cap and trade

The Commonwealth Business Council for a Competitive Economy recently formed to give a voice to businesses that support a cap and trade bill, most of which are engaged in green industries.

Foreclosures for 3.2.10

The last week of February was a busy one for Richmond’s foreclosure market, as each of the surrounding counties saw an increase in foreclosed properties, except for Hanover. In Richmond City the number of properties with a set public auction date doubled from the week before from 11 to 22. As in most weeks, most of the properties are at the lower end of the market. But there are several properties valued at more than $400,000.

Monday Q&A: A class with South University’s president

Troy Ralston is the president of Richmond’s newest institution of higher learning, South University. The university opened for classes in October at its campus in West Broad Village in Short Pump.

SBA beefs up local microloan program

The SBA recently awarded REDC Community Capital group a $920,039 grant to help fund their micro-loan program, the largest amount the organization has ever received for that program