New Regional Broadband Initiative for the Northern Neck
All Points Broadband, Dominion Energy, Northern Neck Electric Cooperative and Four Counties Announce Regional Broadband Initiative for Northern Neck – All Points Broadband, Dominion Energy, Northern Neck Electric Cooperative and the Counties of King George, Northumberland, Richmond, and Westmoreland have entered into a Memorandum of Understanding to advance a regional…
Broadband Development
How Are Various States Expanding Broadband Access? New research by the Pew Charitable Trusts identifies tactics for connecting unserved communities in various states, including Virginia. The Virginia Telecommunication Initiative (VATI) and Commonwealth Connect are setting the example on how to achieve the goal of universal coverage. Northern Neck localities…
Working Waterfronts
They are properties that support commercial and recreational fishing, boat building, shipping and rail yards, aquaculture, national defense, public safety, marine research, offshore energy production, and other water-related commercial and recreational activities. Tour the Story Map View the Video How to Start a Shellfish Aquaculture Operation in Virginia Learn…
COVID-19 Resources for Small Businesses
Economic Injury Disaster Loans – Are Virginia Small Companies Eligible? YES What is it? The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). EIDL loans are 30 year…
Go Virginia
Upcoming Meetings: TBD The Virginia Initiative for Growth and Opportunity in Each Region (GO Virginia) was initiated by the Virginia Business Higher Education Council (VBHEC) and the Council on Virginia’s Future to foster private-sector growth and job creation through state incentives for regional collaboration by business, education, and government. Recognizing…
Northern Neck Hub-Zone Companies Among Recipients of Seaport Contract
FOR IMMEDIATE RELEASE – December 17, 2018 Warsaw, VA —The U.S. Navy has awarded spots on a potential ten-year, $50 billion contract to 1,870 businesses for project management and engineering-support services. Three Northern Neck companies were awarded contracts in this announcement: MTEQ in Kilmarnock; Digital Dynamics, LLC, in Kilmarnock; and…
A Growing Industry in the Northern Neck
Craft breweries are beginning to attract the attention of economic developers in the Northern Neck of Virginia. They are part of a vibrant industry of dedicated entrepreneurs who go beyond the business model of attracting customers just to buy drinks. “They are becoming part of the fabric of many communities,”…
Opportunity Zones
The Federal Tax Cuts and Jobs Act of 2017 included provisions for a new revitalization tool, the Opportunity Zone and Opportunity Fund. The designated zones and funds allow investors to receive tax benefits on currently unrealized capital gains that are invested through Opportunity Funds in eligible census tracts designated as…
Living Shorelines Initiative
Throughout the Northern Neck and coastal plain, homes and businesses are experiencing increased erosion from winds, waves, currents, tides and recreational activities making homes and businesses more vulnerable. To minimize long-term damage, an updated Shoreline Management Handbook is available from the Virginia Coastal Policy Center (VCPC), the Center for Coastal Resources…
Flood Hazard Mitigation
The premise of flood-hazard mitigation is this: Spend federal funds now to remove the risk of flooding, and the federal government will save money in the long term because the mitigated property will generate no flood-damage insurance claims in the future. This is because flood insurance is provided not by…