Virginia Economic Review

The Commonwealth of Virginia has existed as a business venture since its inception in 1607, when the Virginia Company of London formed a joint-stock company to bring profits to shareholders and establish an English colony in the New World.

Virginia’s higher education system, consistently ranked as one of the best in the country, is well established as an elite talent incubator. But the Commonwealth’s universities, both public and private, also serve as a launching pad for startup companies.

Paul's Fan Company in Buchanan County was founded in 1958 as a small machine shop servicing the coal mining industry. It evolved over the years to focus on improved mine ventilation, producing turnkey industrial ventilation solutions for companies.

Tom Walker is the founder and CEO of DroneUp, a provider of drone delivery and flight services that has operated out of Virginia Beach since its founding in 2016.

With the global threat of terrorism on the rise, Virginia technology security services firms are parlaying security concerns into surging revenue growth overseas. Chantilly-based videoNEXT, which provides security and surveillance management software to U.S.

Timothy D. Sands is the 16th president of Virginia Polytechnic Institute and State University, joining the university in June 2014. VEDP’s President and CEO, Stephen Moret, recently spoke with President Sands about exciting new developments at Virginia Tech.

Greg LeRoy is the founder and executive director of Good Jobs First, a national policy resource center promoting corporate and government accountability in economic development. Good Jobs First provides information on best practices in state and local job subsidies.

Amy Liu is vice president and director of the Metropolitan Policy Program at Brookings and the Adeline M. and Alfred I. Johnson Chair in Urban and Metropolitan Policy.

The year 2006 marked a turning point for the town of Lebanon, for Russell County, and for the Southwest corner of Virginia: CGI, a Canadian company with a strong presence in tech-heavy Northern Virginia, located its first U.S. onshore delivery center in Lebanon.

How Virginia's Plan to Double its Tech-Talent Pipeline by Aligning Resources at All Levels Hits the Bull's-Eye When it comes to building a comprehensive strategy for increasing talent to meet the technology workforce demands of today and tomorrow, there is a nationwide call by employers for talent with skills that include a particular focus on software development, engineering, machine learning, artificial intelligence, user experience design, and user interface design — all competencies with roots in computer science.

The field of cybersecurity is as old as the computer, but it’s only in the past decade that it went from being a periphery issue to a cornerstone of government budgets and one of the fastest-growing career fields.

The Innovative Virginia Cyber Range is Giving Students in Virginia — and Beyond — a Chance to Hone Their Cybersecurity Skills Between 2010 and 2014, the U.S.

Virginia is a national leader in the cybersecurity and technology industries, offering tech firms access to the highest concentration of tech talent and the third-largest tech industry workforce in the country.

Steve Morgan is the founder of Cybersecurity Ventures, a leading cybersecurity research company that provides data and insights on global cybercrime to C-suite executives, and editor-in-chief of Cybercrime Magazine. Before starting the company, he worked for antivirus giant McAfee Corp.

Virginia Universities' Transdisciplinary Research is Driving Digital Security Advancements The world’s increasing connectivity offers more opportunity for cybercriminals. The FBI’s 2020 Internet Crime Report cited a 69% increase in complaints of suspected cybercrimes.

Luiz DaSilva is executive director of the Commonwealth Cyber Initiative (CCI) and Bradley Professor in Cybersecurity at Virginia Tech. Before coming to Virginia, he served as the director of CONNECT, a telecommunications research center at Trinity College Dublin.

2020 saw a number of records broken when it comes to the amount of data lost in cyberattacks. Damages from these attacks are projected to carry a global cost of $6 trillion annually, up from $3 trillion in 2015, reports Cybersecurity Ventures — and it’s only going to go up from here.

2021 started off with a cybersecurity boom: The White House officially blamed Russia for the SolarWinds hack, where its foreign intelligence service compromised a software supply chain to spy on thousands of targets, from Microsoft and FireEye to the U.S.