West Virginia names commercial building for Hall family; More…

Business

[ad_1]

Here are news briefs from around the South West and South End. Send yours for inclusion to news@cardinalnews.org.

***

Virginia Western renamed the Business Science Building after the Howell family.

Virginia Western Community College in Roanoke has named its business science building the Business Science Hall of Fame in recognition of Edwin C. “Ed” Hall and his family.

Hall, of Roanoke, was president of the board of the Education Foundation of Virginia Western Community College and currently serves as chairman of scholarships and bursaries.
Relief Committee. Earlier this year, he received the 16th annual Chancellor’s Award for Philanthropic Leadership, recognizing him as a philanthropic leader in the Virginia Community College System.

Ed Hall and his daughter Nicole Hall-Smith. Courtesy of Virginia Western Community College.

Hall, the founder of Roanoke-based real estate firm Hall Associates Inc., has pledged a multigenerational planned gift to the foundation in 2021. The initial giving is estimated at $1 million to support the Virginia Western Forward Permanent Endowment Fund: The Vision of Dr. Charles W. Stager Jr. and $250,000 for the Virginia Western Rapids Response Student Emergency Fund. Generation Giving ends a multi-million dollar gift to the Virginia Western Forward Unrestricted Gift Fund.

This legacy gift is in addition to $1.1 million in gifts to establish and support the Virginia Western Hall Associates Career Center, the Edwin C. Hall Chair in Administration: Entrepreneurship and the Glenna H. Hall Memorial Endowed Scholarship. For business women.

Business Science Building It opened in 1988 and today houses the school’s network and cyber security labs, as well as Whitman Theater and the Student Commons.

“Ed’s faith in the college is profound,” said Robert Sandel, president of Virginia West. “it has
He advised our students. He guided, pushed, advocated, defended and marched our vision and progress. No one is more dedicated to our mission, values ​​and ultimate success. Now he shares that commitment with his family, not to mention enhancing his overall impact on the college.

***

The Virginia Tech team takes first place in the data competition

A team of Virginia Tech students today won first place in the second heat of the Defense Data Grand Prix, which is designed to solve some of the toughest data science issues facing the government.

Department of Statistics graduate students Adeline Guthrie and Danielle Sebring, recent Mathematical Modeling and Data Analysis graduate Sam Rizzuto, and current CMDA student Ryan Kaplan received the $40,000 award for a topic titled “Manufacturing Stores and Material Scarcity,” the university announced. News release.

The Defense Data Grand Prix was founded by the Accusation Innovation Research Center – a partnership of 22 US universities, including Virginia Tech – and uses data and problems provided by agencies within the US Department of Defense.

Held over a period of 18 months, the competition consisted of three heats, each with a different focus. The second heat featured contestants demonstrating access to and sharing of real, altered or synthetic defense information.

In the winning project, the Virginia Tech team, led by Department of Statistics Assistant Professor Christian Lucero, worked with the Defense Logistics Agency’s Aviation Directorate. Team members have developed a model that accurately predicts material shortages and proposed measures that can be incorporated into the Defense Logistics Agency’s standard operating procedures.

The first heat, held in the fall of 2021, focused on planning, and teams submitted white papers to present data science objectives and approaches to creating data access and analytics methods. The Virginia Tech team, which included recent CMDA graduate Preston Childers along with Sebring, Rizzuto and Kaplan, placed third in the first heat for a $20,000 prize.

Virginia Tech will have another chance to compete in the third and final Heat of the Defense Data Grand Prix this fall. With a focus on analytics and an increased focus on statistical and machine-learning methods, competitors will apply advanced analytics and draw insights from defense acquisition data.

***

Virginia Cooperative Extension hosts next-generation workshops

The Next Generation Program, a partnership between the Virginia Department of Forestry and Virginia Cooperative Extension, is hosting in-person and virtual workshops to help Virginia landowners plan to pass their land to the next generation.

The workshops in South Boston, Galax and New Kent serve as opportunities for family members to ask questions, receive information and get on the same page about their future plans.

Typically these sessions are in-person only, but a virtual workshop has been added so that dispersed families can use the resources and tools.

To participate in the workshop, families pay one fee to participate. Registration opens six weeks before each workshop. Visit the Extension website for more information.

The in-person workshop dates are as follows:

  • August 26-27 in South Boston
  • October 27 at Galax
  • Nov. 2 in New Kent County

Virtual workshops will be held on September 7th, 8th, 14th and 15th from 3-5pm.

“Many landowners are overwhelmed by the succession planning process and assume it involves complicated estate planning, primarily with lawyers and accountants,” said Carl Didier, forest conservation program manager for the Virginia Department of Forestry. “The Next Generation program helps simplify estate planning and shows how it can be part of the legacy planning process. Succession planning is an ongoing process. Just as a forest changes over time, your plans evolve. As priorities change or family dynamics change, so must planning for your estate.

The workshop’s companion publication, “Legacy Planning: A Guide for Virginia Landowners,” outlines the nine main steps involved in developing a strong land heritage plan. Includes case studies from landowners in Virginia and directs landowners to tools and resources. The free version is available on the Virginia Tech website or printed by request.

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *