April 2023 BizNews

Most Virginia Markets Have Recovered from the Pandemic

We're happy to report that hotel revenue in the Roanoke market rose 9.5% from pre-pandemic levels. This is likely attributed to high room rates, according to U.S. hospitality market data from STR Inc., a division of CoStar Group Inc.

Bank On Roanoke Valley Announces Next Round of Financial Wellness Series

The next round of Bank On Financial Wellness Series begins in April 2023. In this series, Bank On Roanoke Valley rewards hard work and commitment through perks tailored to each participant’s self-identified goals.

Business Spotlight

The Quarters

The Quarters is Roanoke’s premier address for coworking providing flexible options in a dynamic environment. Memberships include 24-7 access to a high-concept work lounge and conference rooms, laser-fast internet, printing services, locally roasted premium coffee and curated member events. Need your own space? Private offices include Wi-Fi locks, adjustable desks, Herman Miller Aeron ™ chairs, file storage and more. Call or e-mail today to schedule your tour!

New Hires

Jess Edwards joins VERGE as

Director of Innovation Studio for the new biotechnology incubator located at 1030 S. Jefferson Street in Roanoke.

Edwards will be responsible for helping to create and expand acceleration programming that incorporates wrap-around services for companies to help them grow in the region. She will serve as an “ecosystem navigator” to connect local entrepreneurs to highly customized resources and help facilitate introductions to national and global networks. She’s also the regional coordinator and point of contact

for the Johnson & Johnson Quick Fire Challenge, the first virtual accelerator collaboration with JLABS.

Events

Did you know you have a local captive audience to develop into your future workforce? Regional partners are bridging the gap between high school students and businesses to educate teens about opportunities that can turn into successful careers. Through apprenticeship programs, local businesses can develop their workforce while local youths can secure gainful employment in meaningful career fields (it’s a win-win!).

For those in the manufacturing and hospitality industries, please consider attending one of these info sessions to learn about the importance of having an apprenticeship program within your organization as well as steps for how to implement your own. See below for individual session information.

MANUFACTURING SESSION:

Join leaders to meet with like-minded business leaders in the Manufacturing industry and hear from leaders in our education community about how to retain our region’s young adults, at little or no cost to your business.

Thursday, April 13

7:30 AM - 8 AM: Registration

8 AM - 10:30 AM: Breakfast and event

Pocahontas Room, Hotel Roanoke

Free event, breakfast included

HOSPITALITY SESSION:

Join leaders to meet with like-minded business leaders in the Hospitality industry and hear from leaders in our education community about how to retain our region’s young adults, at little to no cost to your business.

Thursday, April 13

11:30 AM - 12 PM: Registration

12 PM - 2:30 PM: Lunch & Event

Pocahontas Room, Hotel Roanoke

Free event, lunch included