the Power of Ideas channel

In Fairfax County, meaningful information and research fuel the Power of Ideas. That’s why we created the Power of Ideas Channel: to bring you the latest business and economic development news and information. Here, you can access articles curated and written by Fairfax County EDA, read the latest editions of our E-Bird news digest, review business news from NPR and learn about best practices from Harvard Business Review. Click below and experience the benefit of having the right information right at your fingertips.

Thursday, August 10, 2017 - 10:08am

Now hear this: The FCEDA worked with 25 businesses to add nearly 600 jobs to the local economy in the second quarter of 2017. National Capitol Contracting, a provider of audiovisual, technology and multimedia products, topped the chart, relocating to Tysons Corner and bringing 105 jobs. Read the FCEDA release and check out what NCC's CEO says about Fairfax County as a business location

Thursday, August 10, 2017 - 10:07am

Boom town: A WTOP radio story yesterday about the continuing growth of the Tysons Corner area -- more office and residential space -- included comments from FCEDA President/CEO Jerry Gordon. The online version also has great photos, courtesy of the Tysons Partnership, of Tysons Corner through the years, and renderings (supplied by the FCEDA) of proposed office buildings.

Thursday, August 10, 2017 - 10:07am

Strength in numbers: "Numbers are better than a thousand words to tell the story of Fairfax County's people and businesses," writes Ed Tobias in FairfaxNews.com. Citing statistics from the FCEDA's just-printed Fairfax County Profile, Tobias selected 10 facts that illustrate a county economy worth $120 billion.

Thursday, August 10, 2017 - 10:06am

Capital One enters new arena: The Capital One name is not only towering above Tysons Corner at its under-construction headquarters, it's now the official name for Washington, D.C.'s, preeminent sports arena. Formerly the Verizon Center, the home of the Washington Wizards and Washington Capitals (good match there) is now known as Capital One Arena. Andy Medici of the Washington Business Journal says the naming rights deal was worth $100 million for 10 years.

Thursday, August 10, 2017 - 10:06am

Ready to Rock: The Rockefeller Group -- as in the New York-based developer whose roots extend to Rockefeller Center in Manhattan -- has signed on with the Meridian Group to become co-developer of The Boro tower, part of  a 4.2 million-square-foot project near the Greensboro Metro station in Tysons Corner. Daniel J. Sernovitz of the Washington Business Journal reports the Rockefeller Group will contribute equity and development expertise to the tower phase of the project.

Thursday, August 10, 2017 - 10:05am

A Star reborn: San Francisco-based Golden Gate Capital completed its purchase of Neustar, an information-services provider with offices in Tysons Corner. Virginia Business reports that an affiliate of Singapore-based investment firm GIC also invested in Neustar and is now a minority owner.  

Thursday, August 10, 2017 - 10:05am

Out of the Blu: Blu Venture Investors of Tysons Corner completed a raise of capital for NewConnect, a provider of high-speed Internet access to commercial buildings and enterprises. Citybizlist reports that Blu Venture has been a strategic partner of NewConnect for 18 months.

Thursday, August 10, 2017 - 10:04am

Deadline approaching: August 13 is the deadline to apply for the fall cohort at Smart City Works in Herndon. As reported in a release picked up by Potomac Tech Wire, the business accelerator is focused on civil infrastructure and technology ideas to improve livability in cities and plans to select 10 to 15 entrepreneurs, startups and companies with emerging products. The cohort will begin Sept. 13. See the Smart City Works application page.

Thursday, August 10, 2017 - 10:03am

Winging it: Frontier Airlines is adding service in and out of our very own Washington Dulles International Airport with new flights to San Antonio and on to Ontario, Calif. Aviation Pros has flight status information.

Fairfax County EDA works with 25 businesses adding nearly 600 jobs to the local economy

Thursday, August 10, 2017

Fairfax County, Virginia – During the second quarter of  2017, the Fairfax County Economic Development Authority (FCEDA) provided services and resources to 25 businesses that are adding nearly 600 jobs in Fairfax County. Many of the businesses adding jobs are in a technology-related industry, while one prominent announcement came from a company in the pharmaceutical sector.

Wednesday, August 9, 2017 - 10:33am

Media, marketing, tech will intersect at Sept. 14 Social Media Week event in Fairfax County 

Social Media Week Independent (SMWi) is coming to Fairfax County on September 14, and it's shaping up as quite a topical and thought-provoking event. Here's what you need to know and why you should make plans to attend.

What is Social Media Week independent?

It's a worldwide conference that curates and shares the best ideas, innovations and insights into how social media and technology are changing business, society and culture. SocialMediaWeek,org hosts conferences on six continents with more than 1 million participating in person, via social networks and through video and live streaming.

The SMW community consists of senior marketers, founders, entrepreneurs, influencers and digitally connected consumers who thrive in the hyper-connected world and push the boundaries of the status quo.

Where and when?

The event will take place September 14. Presented by the FCEDA, it will be held at Capital One headquarters in Tysons Corner. The program will run from 8 AM to 2 PM, concluding with a networking lunch.

Who will be there?

Brian Franzo, founder/CEO of iSocialFanz LLC, a social strategy consulting agency and co-host of the SMACtalk and FOMOFanz podcasts, will be the morning's keynote speaker. Franzo, whose bio says he "talks fast and tweets faster," is an award-winning expert in social media, known for embracing the three C's: change, collaboration and community.

Among other prominent speakers will be Jonathan Aberman, a Washington Post columnist and host of "What's Working in Washington"; Judy Kurtz, "In the Know" columnist for The Hill; Julie Parker, news anchor-turned-media relations chief at the Fairfax County Police Department; Christopher J. Dorobek of GovLoop's DorobekINSIDER; and New York Magazine Washington correspondent Olivia Nuzzi.

What's on the docket?

Whether you're interested in politics or pop culture, the future of Facebook or Twitter or the latest trends as they apply to podcasts, SMWi has something for you. With this year's SMWi global theme "Language and the Machine," the forum will focus on the ways technology and algorithms are transforming how we connect and communicate.

Topics at the Tysons Corner event will include: "The New Rules of Citizen Engagement," "The Next BIG Thing," "The Power of Podcasting," and "Politics in 140 Characters or Less."

For a complete agenda and rundown of all speakers and panelists, visit the SMWiFairfax website.

Why does it matter to Fairfax County?

More than 190,000 workers in the Washington, D.C. region are employed in creative and digital media occupations and one in four jobs in Fairfax County is technology-oriented. More than 80 percent of those who engage in SMWi, worldwide, are between the ages of 21 and  35, a significant factor when considering the present and future makeup of the county's population and  workforce.

"The emphasis and global nature of Social Media Week mirrors our efforts to spotlight Fairfax County as a place where innovation, creativity, thought leadership and diversity are assets that build the community and its economic base," said Gerald L. Gordon, Ph.D., president and CEO of the FCEDA.

SMWiFairfax puts Fairfax County on the social media map with other host cities (and technology centers) around the world such as New York, Los Angeles, London, Hamburg and Copenhagen.

Who else is involved?

Current co-sponsors include: Capital OneQBurst, DC Inno, InsideNoVa, WeWork and SwingSpace. Among exhibitors at the event will be Notion Theory, showcasing a range of mobile VR and room-scale VR experiences, and T.A.G. Arcade, providing retro and modern video games in support of S.T.E.A.M. endeavors.

How do I attend?

Reserve your ticket now by clicking here


This Taxman is a Beatles hit: Team Fairfax Insider, a publication of particular interest to Fairfax County employees, often has some good reading.

One story recently caught our eye. It's the tale of Tom Godsman, a senior real estate appraiser for the Fairfax County Department of Tax Administration by day and a Beatle -- George Harrison to be specific -- by night. Godsman has been performing in the Beatles tribute band Beatlemania Again for more than a decade. Check out the story from Team Fairfax Insider, the Beatlemania Again website or visit on Facebook @BeatlemaniaAgain.

Tuesday, August 8, 2017 - 10:36am

Now hear this: Reston-based Avizia, a provider of telehealth products and services, is increasing its investment in Fairfax County to create 27 new jobs. Gov. Terry McAuliffe made the announcement yesterday. Given the support Avizia has received in the tech community, CEO Mike Baird said the company, which has doubled its office space in the past year, has plans to continue that trend in the next five years. Area Development produced a piece about it.

Tuesday, August 8, 2017 - 10:36am

Sky's the limit?: Jon Banister of Bisnow reports that Clemente Development is seeking to create a "wow" moment for those approaching Tysons Corner from the west with its proposal to build the tallest structure in the region. The mixed-use development at Leesburg Pike and Sprint Hill Road would include a 48-story tower. At 615 feet, the tallest building between Charlotte and Philadelphia would exceed the 400-foot maximum set in Tysons' comprehensive plan. Banister notes that Capital One already has a 470-foot tower in the works.

Tuesday, August 8, 2017 - 10:34am

Criminal activity: The U.S. Department of Homeland Security selected George Mason University to lead a consortium of academic, government, laboratory and industry partners in operating a new Criminal Investigations and Network Analysis Center of Excellence. The center will work with federal, state and local law enforcement agencies. Scott Nicholas of ExecutiveBiz reports the consortium will receive $3.9 million from DHS to cover the first year of the center's 10-year grant.

Tuesday, August 8, 2017 - 10:34am

Search pays off: Consulting giant Accenture bought Herndon-based Search Technologies, a big-data and search-analytics firm. According to Max Handler of the Washington Business Journal, Accenture anticipates Search will provide its analytics team and clients "the ability to reach out and ingest data." Search has 192 employees in six countries.

Tuesday, August 8, 2017 - 10:33am

Nice place to Park: Park Hotels and Resorts, a Hilton Worldwide investment trust spinoff, will relocate corporate headquarters to 1775 Tysons Boulevard. According to Michael Neibauer of the Washington Business Journal, the company, currently at 1600 Tysons Blvd., will occupy 31,000 square feet in the new Tysons II tower developed by Lerner Enterprises.

Tuesday, August 8, 2017 - 10:33am

Let's make a deal: Fairfax County is seeking proposals from developers interested in a public-private partnership for a 6.6-acre area about a mile north of the future Reston Town Center Metro Station. The site now has a library and homeless shelter on it, and the county wants proposals to include provisions for office space, community space and up to 420 apartments as well as another library and shelter. In a story available to subscribers of the Washington Business Journal, Karen Goff notes that RFP responses are due October 24.

Tuesday, August 8, 2017 - 10:31am

Truly a windfall: The Washington Business Journal reports that Dwight Schar, founder of Reston-based homebuilder NVR, sold his McLean estate "Wind Falls" for $35 million, making it the largest residential transaction in the Washington, D.C. region this year and possibly in the last decade. Schar and wife, Martha, known for their philanthropy, bought the 6.5-acre property on the Potomac for $7.1 million in 2001 and built their two-story home the next year. As noted by reporter Sara Gilgore, Schar's next-door neighbor, America Online co-founder Steve Case, has listed his property for $49.5 million.

Tuesday, August 8, 2017 - 10:30am

Hardly run of the MIL: Government Services contractor MIL Corp. has opened a 10,000-square foot office on Greensboro Drive for employees managing corporate operations for cyber, engineering, financial and information technology contracts. Ramona Adams reports for ExecutiveBiz.

Tuesday, August 8, 2017 - 10:19am

Under the spotlight: Executive Spotlight, a Q&A series from ExecutiveBiz, highlights local business leaders. This month, Andy Reed's interviews have cast the spotlight on Serco chairman and CEO Dave Dacquino, Peraton CEO Stu Shea and Red Hat vice president Lynne Chamberlain.

Reston-based Avizia to expand its healthcare IT operation, announces 27 new jobs in Fairfax County

Monday, August 7, 2017

Fairfax County, Virginia – Gov. Terry McAuliffe announced today that Avizia, a provider of telehealth products and services, is investing to expand its presence in Fairfax County. The expansion will create 27 new jobs.

Thursday, August 3, 2017 - 11:09am

Now hear this: The FCEDA has announced a lineup of high acclaimed speakers and fascinating topics for Social Media Week Independent, which it will present Sept. 14 at Capital One in Tysons Corner. The event will showcase Fairfax County as an innovative location for digital media companies, related technologies and their employees. Visit our SWMi website and register to attend by clicking here.

Thursday, August 3, 2017 - 11:09am

Making healthy investments: Merrifield-based Inova Health System is preparing to accept applications from early-stage startups for its Inova Personalized Health Accelerator. Inova plans to host four companies in the first six months according to Stephenie Overman of Virginia Business and plans to offer $75,000 in funding in exchange for 10 percent equity in selected companies. The application process, which requests a brief video, is explained online.

Thursday, August 3, 2017 - 11:08am

Ready the shovels: Reston Hospital is preparing to break ground in September on a $72 million expansion. Tina Reed of the Washington Business Journal writes that the project, expected to be complete in 2019, will feature a new patient tower and intensive care unit, expanded inpatient rehabilitation services, improved women and children's services and a 403-space parking garage.

What They're Saying: Newspapers Weigh In On Trump's 'Both Sides' Stance

Wednesday, August 16, 2017 - 12:19pm
President Trump repeated his much-criticized view of a white supremacist rally in Charlottesville, Va., during a news conference Tuesday in New York.

Saying that a mob is intent on destroying President Trump, The Washington Times editorial board states that "the president himself keeps assisting the project."

(Image credit: Jim Watson/AFP/Getty Images)

Negotiations Begin On Trump's Campaign Promise To Rework NAFTA

Wednesday, August 16, 2017 - 7:39am

Ailsa Chang talks to Leo Gerard, president of the United Steelworkers Union, about President Trump's promise to fix NAFTA. The 23-year-old deal is being reworked with Canada and Mexico.

Shh! These Quiet Food Videos Will Get Your Senses Tingling

Wednesday, August 16, 2017 - 7:00am
A growing number of food videos aim to trigger ASMR — Autonomous Sensory Meridian Response, or pleasing sensations in the brains of some viewers — by focusing on sounds like chopping and stirring.

A growing number of food videos aim to trigger ASMR — Autonomous Sensory Meridian Response, or pleasing sensations in the brains of some viewers — by focusing on sounds like chopping and stirring.

(Image credit: Christina Lee for NPR)

Shh! These Quiet Food Videos Will Get Your Senses Tingling

Wednesday, August 16, 2017 - 7:00am
A growing number of food videos aim to trigger ASMR — Autonomous Sensory Meridian Response, or pleasing sensations in the brains of some viewers — by focusing on sounds like chopping and stirring.

A growing number of food videos aim to trigger ASMR — Autonomous Sensory Meridian Response, or pleasing sensations in the brains of some viewers — by focusing on sounds like chopping and stirring.

(Image credit: Christina Lee for NPR)

Morning News Brief: Trump Blames 'Both Sides,' NAFTA, Sierra Leone Mudslide

Wednesday, August 16, 2017 - 5:04am

President Trump on Tuesday again refused to single out white supremacists for violence in Charlottesville. Also, Robbie Whelan of The Wall Street Journal discusses plans to renegotiate NAFTA.

Charlottesville Businesses Worry Violent Rally Will Scare Tourists Away

Wednesday, August 16, 2017 - 5:04am
Several downtown stores have put up signs and placards declaring: "This is Our Town" and "If Equality and Diversity Aren

Businesses in Charlottesville, Va., suffered an economic blow after a white nationalist rally turned deadly over the weekend. The violence prompted some to rethink who to welcome through their doors.

(Image credit: Debbie Elliott/NPR)

The Man Behind The Scenes In Fox News' Discredited Seth Rich Story

Wednesday, August 16, 2017 - 5:04am
A lawsuit accuses Ed Butowsky, a Fox News reporter and the network of concocting a story about Seth Rich

Ed Butowsky is the money manager who played a key role in a since-retracted Fox News expose about the murder of a young Democratic Party aide.

(Image credit: LM Otero/AP)

They Got Hurt At Work — Then They Got Deported

Wednesday, August 16, 2017 - 5:00am
Yuliana Rocha Zamarripa

A joint investigation by NPR and ProPublica shows how a loophole in Florida law has led to the arrest and even deportation of undocumented immigrants after they suffer legitimate injuries on the job.

(Image credit: Scott McIntyre for ProPublica)

DOJ Demands Files On Anti-Trump Activists, And A Web Hosting Company Resists

Tuesday, August 15, 2017 - 9:10pm
The Department of Justice has issued a warrant for a web hosting company to turn over all records related to the website of #DisruptJ20, a group that organized actions to spoil President Trump

Legal experts called the government's demand for information unusually broad. DreamHost says the warrant would require it to hand over logs of 1.3 million visits to its customer's website.

(Image credit: Jewel Samad/AFP/Getty Images)

CEOs' Dilemma: Supporting Trump's Agenda, Opposing His Behavior

Tuesday, August 15, 2017 - 6:44pm
President Trump speaks during a meeting with manufacturing executives at the White House in February, including Merck

Several prominent chief executives are leaving President Trump's manufacturing advisory board in response to his views on the violence in Charlottesville. They find themselves in a tough position.

(Image credit: Evan Vucci/AP)

Applebee's Gives Up On Millennials After Failed Rebranding Efforts

Tuesday, August 15, 2017 - 4:33pm
Applebee

The restaurant chain will close more than 130 locations this year. That's due to a drop in sales at franchises and a rebranding that left core customers feeling alienated and confused.

(Image credit: Scott Olson/Getty Images)

CBO Predicts Rise In Deficit If Trump Cuts Payments To Insurance Companies

Tuesday, August 15, 2017 - 4:14pm
An analysis by the Congressional Budget Office released Tuesday found that ending cost-sharing reduction payments to insurers, a move that President Trump is contemplating, would raise the deficit by $194 billion over 10 years.

The Congressional Budget Office estimates that ending what's known as cost-sharing reduction payments to insurers will raise the deficit $194 billion over 10 years.

(Image credit: Melina Mara/The Washington Post/Getty Images)

Can We Feed The World With Farmed Fish?

Tuesday, August 15, 2017 - 3:01pm
A Russian fish farming operation in Ura Bay in the Barents Sea.

New research suggests there is space on the open ocean to farm essentially all the seafood humans can eat — and then some. But such volumes of fish and shellfish could not be grown without costs.

(Image credit: Maxim Zmeyev/AFP/Getty Images)

More Business Leaders Leave Trump's Manufacturing Council

Tuesday, August 15, 2017 - 1:17pm
President Trump, seen here boarding Air Force One on Monday, has new criticism for business leaders who are leaving his manufacturing council.

"Racism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in Charlottesville," says Campbell Soup CEO Denise Morrison.

(Image credit: Pablo Martinez Monsivais/AP)

CEOs Cut Ties With Trump

Tuesday, August 15, 2017 - 11:06am

What does the White House business council do anyway?

Trump's NAFTA Makeover Not So Extreme

Tuesday, August 15, 2017 - 5:01am
President Trump meets with Mexican President Enrique Peña Nieto at the Group of 20 summit in Hamburg, Germany, in July. Trump is pushing to renegotiate the North American Free Trade Agreement among their countries and Canada.

The Trump administration begins renegotiating NAFTA this month. Despite the rhetoric of the campaign and talk of tearing it up, the administration's actual plans appear less dramatic than expected.

(Image credit: Evan Vucci/AP)