Fredericksburg Business News

At a special meeting on Monday, December 9, 2024 the Fredericksburg Economic Development Authority (EDA) voted to create the Small Business Disaster Grant Program. 

When planning a corporate retreat or meeting, team building is often at the top of the agenda. While virtual and hybrid formats have changed how we conduct many of our meetings, the need for team cohesion, cooperation, and relationship building remains critical.

This month, River Rock Outfitter celebrates its 10th anniversary, marking a decade of passion, growth, and community service in Fredericksburg. Since opening its doors, River Rock Outfitter has been a beloved local business dedicated to outdoor education, river safety, and community involvement, receiving both local and national recognition for its work. Now, with a thriving customer base and strong community support, the outfitter is thrilled to announce exciting expansion plans designed to elevate its impact and offerings.

The latest recipient of an InvestFXBG loan from the Fredericksburg Economic Development Authority (EDA) is DuoGlo Esthetics, a small woman-owned business in Westwood Village shopping center.

Leader and mentor Michelle Caldwell Thompson received the 2024 Patricia Lacey Metzger Award for distinguished achievement from the Women’s Leadership Colloquium at the University of Mary Washington.

Are you looking for somewhere different to host your next meeting or gathering? Fredericksburg, Virginia, located 50 miles south of Washington, D.C. on Interstate 95, offers a rich variety of venues perfect for hosting memorable events. From historic museums and artistic spaces to charming outdoor venues, you’ll find the perfect setting to impress and delight your attendees. Check out these 10 unique meeting locations located in the City of Fredericksburg.

Last week, Luigi Castiglia purchased Fredericksburg Square located at 525 Caroline Street.  The 19,000 s.f. building sitting on .45-acres in Historic Downtown sold for $1.9 million.

Over the last two weeks, Caroline street has been filled with the excitement of a new season – and it is not just autumn! A season of new opportunities has begun as two brand new businesses, owned and operated by UMW alumni, have opened their doors downtown.

UMW hosts a Small Business Development Center – the SBDC.  The UMW SBDC provides abundant services to a LARGE region including the Greater Fredericksburg Area, Northern Neck and the Middle Peninsula.

Celebrating a business anniversary is more than just a marker of significant milestones; it’s an opportunity for reflection, appreciation of an tremendous achievement, and for renewed commitment.

By prioritizing business outreach, the Economic Development office can help create and foster an inclusive and supportive business environment where local businesses can flourish.

Fredericksburg-based Obsidian Solutions Group a national leading provider of mission-focused Defense and national security solutions, as reported on September 24, 2024 by Business Wire, will showcase their next-generation technologies while participating at the 2024 AFCEA TechNet Indo-Pacific Conference, taking place in Honolulu, Hawaii, from October 22-24.