University of Virginia team wins Governor’s Business Plan Challenge

Chris Graham

Timothy Higgins, Andrew Andreae and Jessica Ungerleider, representing the University of Virginia, won the Capital One Grand Prize today at the Governor’s Business Plan Challenge. In recognition of Virginia’s strong entrepreneurial environment, the statewide challenge, co-hosted by Work It, Richmond, featured the best business plans or concepts crafted by undergraduate students this year.

Gov. Bob McDonnell to college, university presidents: Limit tuition increases

Gov. Bob McDonnell issued a letter earlier this month urging college presidents and boards to voluntarily keep in-state tuition increases for the upcoming fall semester to the annual increase in the Consumer Price Index. Virginia colleges and universities worked closely with the administration last year to hold tuition increases to an average of 4.1 percent, the lowest average tuition increase in a decade. Virginia’s colleges and universities are currently determining tuition rates for the upcoming school year.