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SCHEV issues ‘roadmap’ for state economic development investment
Areas identified as investment-worthy include autonomous systems; space and satellites; cybersecurity; and data science and analytics.
The Virginia Research Investment Committee has approved the State Council of Higher Education’s Commonwealth Research and Technology Strategic Roadmap, which spells out research areas that will yield the greatest impacts from state investment in economic development with state investment for the next three years, SCHEV announced Wednesday. The report identifies these research areas as worthy
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Portsmouth public housing community gets a face-lift
The $16M redevelopment replaces the nearly 60-year-old Lincoln Park complex
The Lincoln Park public housing community in Portsmouth is being redeveloped as Lexington Place in a massive redevelopment launched Tuesday. The first phase of construction of the new public housing complex, expected to cost $16 million, will include 72 townhouse-style apartments, and once the entire project is completed, Lexington Place will have 144 residential units
Casino gaming could create 7,600+ jobs
Expanded gaming would also generate $367M in state taxes, according to JLARC study.
Five proposed casinos, sports wagering and online casino gaming would directly create about 7,600 jobs and generate $367 million in net annual state tax revenue, according to projections released Monday by the Joint Legislative Audit and Review Commission. However, the five casinos combined would bring in less tax revenue than the Virginia Lottery, which in
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Va. Inspector General finds Tobacco Commission in need of improvement
Audit says state body doesn’t meet grant-monitoring requirements.
Virginia’s unemployment rate drops to 2.6%
The national unemployment rate in October was 3.6%.
General Dynamics IT division lands $57M Navy contract
Defense contractor will provide support for Navy’s largest employee training program
SCHEV: State needs to spend more to become ‘best-educated’ state
Report focuses on goal of 70% of population attaining degrees by 2030.
Virginia trade delegation visiting Israel and United Arab Emirates
Nearly 30 meetings planned during stops in Tel Aviv, Jerusalem and Dubai.
Nottoway chairman elected president of the Virginia Association of Counties
Stephen W. Bowen was first elected to board of supervisors in 2008.
Northam unveils Virginia trade plan
It aims to boost exports 50% by 2035.