Health Services Company, Care 4U, Receives First Enterprise Center Nano-Loan Funding

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Shenita Rich, owner of "Care4u Home Care, received funds from the Northern Neck Nano Loan Program to grow her business. Care4U is a client of the UMW-SBDC Warsaw Office and a resident of the Northern Neck Enterprise Center (NNEC). The NNEC is a business incubation center established to help accelerate small company success in collaboration with the University of Mary Washington Center for Economic Development. According to Ms. Rich, “Care4U Home Care will offer personal care to clients in the comfort of their own homes.” Some of the services offered will include but are not limited to help with activities of daily light housekeeping, transportation to and from appointments, and preparing light meals. The UMW SBDC helped Ms. Rich complete and submit information to the Virginia Department of Licensure that, once approved, will allow her to provide the in-home services throughout the Northern Neck community. The Northern Neck Enterprise Center is part of an overall strategy of the … [Read more...]

Cyber Company CRISP LLC Moves to Commercialize New Tech

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Arnold Webster, CEO of Cyber Research and Intelligent Solutions Provider LLC (CRISP), is an innovation client at the UMW SBDC. CRISP was formed to be a cutting-edge research firm. They create products which address the risks of living in a more digitized economy. Recently Mr. Webster's company was accepted into the Virginia SBDC Network’s Innovation Commercialization Assistance Program (ICAP). This program assists Virginia companies in developing technologies and getting innovation to validated markets. The UMW SBDC helps clients complete the application process which includes a detailed product description. All product submissions are assessed for their viability in the market place. Mr. Webster shared, “The guidance of the University of Mary Washington SBDC in this process has been invaluable. In turn, ICAP has been extremely instrumental in the commercializing new technology with various scientists and cybersecurity subject matter experts.” Once CRISP enters the commercialization … [Read more...]

Veterans….Serving those who serve us

This Spring we celebrated the recognition of Fred Wellman as the Virginia Veteran Entrepreneur of the Year.  Part of his journey involves participation on the Veteran Owned Business Executive Roundtable (VOBER), using the Small Business Development Center and support of the Veterans Resource Center at UMW.  Veterans are significant to our regional economy.  Suburban Stats and Vetdata estimate that nearly 10% of those who live in Virginia are veterans. They continue their mission in business, education, government and those things that improve our quality of life.  We are proud that the VOBER helped establish the UMW Veterans Endowment. The purpose of the endowment is to ensure that the men and women who gave through military duty to our country would have resources to grow at the University of Mary Washington.  Help us serve those who have served or continue to serve us through military service by making a gift to the Veterans Endowment. Thank you, Brian J. Baker, Executive … [Read more...]

UMW VOBER Member Recognized as Virginia Small Business Veteran of the Year

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Mr. Fred Wellman, (LTC-ret.) CEO and Founder of ScoutComms B-Corp, was recognized for the Virginia Small Business Veteran of the Year achievement at the 2016 Veterans in Business Conference. A graduate of West Point and the Kennedy School at Harvard University, Fred launched ScoutComms as a premier communications, advocacy and philanthropic strategy firm focused entirely on supporting veterans, military families and the organizations that empower them. He noted,"I wanted to make a difference. The way we approach advocacy for our veterans is made more real by our Benefit Corporation status. It represents a transparency and accountability that inspires how we do business. It is how we can influence a movement." During his over twenty years in the Army, Wellman served as an officer in aviation and public affairs. He founded ScoutComms in November 2010 upon recognizing the lack of military veterans in the public relations agency sector. His professional clients have included, and include, … [Read more...]

Brian Baker Elected to Fredericksburg Regional Chamber Board

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Brian Baker, Executive Director of the Center for Economic Development, was elected to the Fredericksburg Regional Chamber of Commerce Board of Directors for a three-year term that began on January 1, 2016. He has been an active member at the Chamber since 2002. During that time he has served roles on the Strategic Planning Committee, facilitated Board strategic planning, Finance Committee, the strategic visioning committee, the small business planning committee, the Leadership Fredericksburg Advisory Board, Mentor Cabinet Chair, and served as a Leadership Fredericksburg mentor since 2008 . In 2011 he was recognized as an honorary fellow of Leadership Fredericksburg. Learn more about the UMW Center for Economic Development at economicdevelopment.umw.edu/ . … [Read more...]

Lisa Hull, Economic Development and Tourism Coordinator at the Northern Neck Planning District Commission, Applauds New Northern Neck Enterprise Center

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The new Northern Neck Enterprise Center is a multi-use business incubation facility. Clients benefit from private office and conference space as well as technical assistance and training through the University of Mary Washington Small Business Development Center-Warsaw Office. Lisa Hull shared at a recent partnership meeting with staff from the Center for Economic Development, "The Northern Neck Enterprise Center is part of an overall strategy of the Northern Neck Chesapeake Bay Region Partnership to create an entrepreneurial ecosystem in the Northern Neck. It supports businesses in the early stages of organization to maximize chances of business success." For more information on the Warsaw SBDC visit economicdevelopment.umw.edu/sbdc/ . … [Read more...]

Warsaw SBDC Director Joy Corprew Elected Board Member of the Richmond County Chamber of Commerce

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Warsaw SBDC Director Joy Corprew was elected as a Board Member of the Warsaw-Richmond County Chamber of Commerce. The Chamber serves as the voice of the business community to the government, town council, supervisors and state legislature. Joy has been a regular speaker at Chamber meetings through the years and has been an active member since 2003. She has conducted several presentations at the Chamber on services provided by the UMW SBDC, available business classes, and the HP LIFE Entrepreneurial Curriculum. Joy states " I find it an honor to have been elected a board member of the Warsaw-Richmond County Chamber of Commerce. The Chamber has a lot planned for 2016 and I am looking forward to working with them in order to support our small businesses." For more information on the Warsaw SBDC please visit economicdevelopment.umw.edu/sbdc/ . … [Read more...]

Professional Services Providers Appreciation Breakfast at the UMW Center for Economic Development

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The University of Mary Washington Small Business Development Center (SBDC) has hosted a program utilizing volunteer business professionals since May of 2011.  Known as the Professional Services Center, it provided area business owners with an opportunity to get valuable information from a field expert.  These professionals have donated their time to giving advice on procurement, financing, legal issues, real estate, and marketing.  Professional Services volunteers were recognized recently at a "Program Future" event at the UMW Center for Economic Development.  Brian Baker, CED executive director,  remarked, "We are proud to recognize your generosity and contributions to the region's small businesses.  The giving of your knowledge helped many companies grow and prosper."  242 area businesses benefited from the service from 2011-2015.     Honorees included (pictured above) Terri Tosti (SONA Bank), Debby Girvan (Flair Communications), Lamont Brown (Infinex Investments), Geary Rogers … [Read more...]

Bill McAvinney presents at the January Veteran Owned Small Business Executive Roundtable

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Bill McAvinney met with VOBER members at the January meeting to discuss how employee retention, business continuity and estate strategies can assure business valuation and succession potential. There was particular attention to topics relevant for Federal contracting firms. McAvinney noted, "Contractors struggle with balancing their direct and indirect cost allocations with their ability to retain good employees and make a profit." He further shared that business continuity requires executives to work on their companies but also build the case for succession. "Good planning improves management succession and retirement value for business owners." The Veteran Owned Business Executive Roundtable at the UMW Center for Economic Development is a peer advisory group that engages business owners for purposes of learning new approaches and solutions to business problems and challenges. Learn more at economicdevelopment.umw.edu/ . … [Read more...]

UMW Students Perform Cluster Analysis for Fredericksburg VA Main Street Inc.

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On Thursday, December 10th with guest Ann Glave of Fredericksburg VA Main Street Inc. in attendance students Emily Desgrosseilliers, Hannah Lynde, Brian Christiansen,  Ilana Deigh, and Megan Reed presented their findings. The presentation included a Cluster Analysis of downtown Fredericksburg in which demand and supply data for downtown industry clusters were statistically compared for correlation of downtown retail sales with national consumer buying habits. To learn more about the CED Office of Regional Initiatives please go to economicdevelopment.umw.edu/center-for-regional-initiatives/. … [Read more...]