Gov. McDonnell announces major Chinese purchase of Virginia soybeans

AFP

Gov. Bob McDonnell announced today that Perdue Agribusiness, Incorporated, which owns and operates a major deep-water export terminal for grains and oilseeds in Chesapeake, recently signed a memorandum of understanding with China’s Dandong Port Group Company and its affiliate, Dandong Pasite Grain and Oilseed Co. Ltd., to supply up to 29 million bushels of soybeans in a series of bulk shipments for the 2013 crop.

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.