Economic & Community Development News

August 14th, 2010

The city of Richmond's Office of Minority Business Development (OMBD) and the Department of Economic & Community Development (ECD) invite local businesses to submit pre-applications for financing under the newly created Contractor Assistance Loan Program. This loan program represents one of several measures being implemented by the Mayor Dwight C. Jones administration to address challenges faced by under-utilized businesses and entrepreneurs. For additional information, please click here.

August 12th, 2010

The City and RRHA are holding a public informational forum on Section 3 opportunities in the city this Thursday, August 12th from 10:00 AM to Noon and 6 PM to 8 PM. The meetings will be held at the Richmond Police Training Facility Auditorium on 1202 West Graham Road. For additional information, please click here.

August 12th, 2010

The city of Richmond's 17th Street Farmers' Market and the Shockoe Bottom Neighborhood Association present the third annual Shockoe Chef Showdown this Saturday, August 14th, from 11:00 AM to 4:00 PM. For details on the day's events, please click here.

July 2nd, 2010

On Tuesday, June 29, 2010 Mayor Dwight C. Jones announced that the city of Richmond and Pfizer Consumer Healthcare agreed to maintain the business unit's Sherwood Avenue R&D operations in the city of Richmond. The agreement will retain more than 300 jobs locally and continue the long-standing civic-corporate partnership. For additional information, click here.

July 1st, 2010

The city of Richmond welcomed the grand opening of Luscious Lashes, 4708 North Southside Plaza, on Thursday, June 24th. Owner Tamala White opened the business utilizing financial tools from the CARE Program offered by the city's Department of Economic & Community Development. To learn more, click here.

June 11th, 2010

The firms of Barrett Sports Group, LLC., Populous and Weston Sports have been contracted to jointly conduct a Market Validation and Financial Feasibility study on the future of the Richmond Coliseum. The corporate and public partners of Altria Group, Inc., Dominion Resources, Inc., Genworth Financial, Inc., MeadWestvaco, City of Richmond, Chesterfield County, Hanover County and Henrico County unanimously selected this team to conduct the extensive study. The kick-off meeting for the study was held yesterday, June 10th. Click the following links for more details.

Richmond Times Dispatch
NBC 12 News

June 4th, 2010

In a Forbes Magazine special report titled Best Places for Businesses And Careers, the Richmond metro area ranked 50th. Criteria for ranking included the cost of doing business, job growth projected, and educational attainment. Click here to read the full report.

June 1st, 2010

A series of public engagement meetings, known as a Charrette, and designed to plan for the revitalization of the East End and Nine Mile Corridor will take place on June 2-7, at various locations in Church Hill and the East End. The intensive week-long session will include a number of sessions open to the public. For more information, visit the charrette website here or read the recent Channel 12 news report here.

June 1st, 2010
May 25th, 2010

Governor Bob McDonnell announced today that MeadWestvaco will relocate its Center for Packaging Innovation from Raleigh, N.C., to Richmond. It is estimated that MeadWestvaco will invest $10 million in the new CPI facilities. John A. Luke, Jr., chairman and chief executive office of MWV states, "By bringing our innovation experts together with our teams in Richmond, we will improve the real-time interaction and collaboration on which our business thrives. The move will also allow us to take full advantage of our world class headquarters." To read the full article at, click here.

City of Richmond
Economic & Community Development

Main Street Station
1500 East Main Street, Suite 400

Richmond, VA 23219