The Tayloe Murphy Center at the University of Virginia's Darden School of Business will recognize companies across the state for their accomplishments during these tough economic times. The center decided to create the Tayloe Murphy Resilience Award this year to highlight companies that are growing and who are leaders within their community.
The Tayloe Murphy Center said it's business like the Blue Ridge Cafe in Ruckersville that has made a positive impact on economic development in the community.
"The thing about being an independent and being a smaller company is that we can change quickly and we can divert and do different things," said Shawn Hayes, owner of Blue Ridge Café.
For 15 years Hayes has grown and diversified his company, starting with just a 30 seat restaurant to now include a banquet facility, sports bar and catering business.
"We've worked really hard with the expenditures as well as trying to maintain sales and grow sales," said Hayes.
Businesses where communities have faced economic hardship yet continue to be successful will have the opportunity to be recognized said Gregory Fairchild, Executive Director of the Tayloe Murphy Center.
"Right now is probably one of the most important times that a story about the businesses that in fact are still again employing people, serving people, providing a quality product, and being part of the community," Fairchild adds.
In September the Tayloe Murphy Resilience Award will be presented to manufacturing, retail, service and wholesale companies. To qualify businesses should demonstrate growth and promote economic uplift in the community and be located in areas of Virginia where unemployment and poverty are high.
"We have an opportunity to hear about what's behind the numbers that allow these businesses to be resilient to be so strong," said Fairchild.
Monday, September 1 2014 12:35 PM EDT2014-09-01 16:35:33 GMT
A VA commission that invests money from a national tobacco settlement gave $21M to an economic development group & a telephone cooperative run by family members of the commission's chairman.Full Story
A VA commission that invests money from a national tobacco settlement gave $21M to an economic development group & a telephone cooperative run by family members of the commission's chairman. Full Story