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Health Innovation Consortium, Lighthouse Labs partner on health-focused startup accelerator

Richmond-based Lighthouse Labs, a nationally-recognized, top 25 seed-stage accelerator, will partner with the Health Innovation Consortium (HIC), a collaborative alliance working to make the Commonwealth of Virginia a hub for health innovation, to launch Virginia’s only health-focused accelerator program.

RVAHub Staff

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Richmond-based Lighthouse Labs, a nationally-recognized, top 25 seed-stage accelerator, will partner with the Health Innovation Consortium (HIC), a collaborative alliance working to make the Commonwealth of Virginia a hub for health innovation, to launch Virginia’s only health-focused accelerator program.

Founding partners Virginia Commonwealth University, VCU Health, and Activation Capital, launched HIC in 2019 to help bring health innovations to market. HIC and Lighthouse Labs will leverage the new accelerator this fall to cultivate a pipeline of health-related technologies through a three-month immersive learning experience, capital opportunities, and potential for funding.

Making the Commonwealth’s only health-focused accelerator program possible is Activation Capital, a nonprofit organization that focuses on early-stage ideas to foster the area’s growing entrepreneurial ecosystem. A grant by Activation Capital to Lighthouse Labs, along with the contributions of HIC, will support the health-focused programming by Lighthouse Labs in addition to VCU’s efforts to develop new innovations in healthcare.

The new initiative, including expertise, grants, and funding by Health Innovation Consortium, will be offered alongside an industry-agnostic vertical that will also operate as part of the 2020 fall cohort by Lighthouse Labs. Selected companies in both verticals will participate in the accelerator from August 24 to November 13, 2020, in Richmond. During the fall program, the health-focused startups and the industry-agnostic companies selected will work with top-tier mentors as they participate in targeted and adaptive programs.

“Health systems, particularly academic health systems like VCU, are looking for innovative solutions involving every aspect of health care—its delivery to consumers, its technology, and its business models,” said Peter Buckley, M.D., interim CEO, VCU Health System, and interim senior vice president, VCU Health Sciences. “The Health Innovation Consortium was designed to facilitate, support, and scale health innovation. By partnering with Lighthouse Labs, a nationally ranked start-up accelerator, we have the opportunity to attract and engage with the most promising new technologies in the country that can improve the health of our community.”

The companies selected to participate in the health-focused accelerator will use the three-month programming as a springboard to develop digital health and medical device technologies, amongst others. Founders participating in the fall cohort will also have an opportunity to tap into HIC resources, including access to an exclusive network of industry experts, early-stage venture funding, and support, after the cohort has ended.

In addition to equity-free funding, programming, and mentorship, all selected companies will have access to $1 million in advisory services and benefits from partners such as Global Accelerator Network (GAN), Kaleo Legal, Startup Virginia, and other service providers. In addition, companies accepted will participate in Demo Day(s) designed to demonstrate each selected startup to investors, alumni groups, potential customers, and peers.

“Innovation is needed now more than ever,” said Erin Powell, executive director of Lighthouse Labs. “The fall cohort by Health Innovation Consortium and Lighthouse Labs will provide traction for the most promising, high-potential startups to begin making an immediate impact in health-related industries.”

“Beyond the three-month immersive experience this fall, the post-program opportunities, and access to the Health Innovation Consortium network and connection to capital, makes this new offering the most transformative platform for those who have identified the biggest challenges in human health and healthcare and are ready to accelerate quickly to provide solutions,” said Powell.

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New orchid store set to bloom in West End this September

“Our West End clients have been asking us to open a store near them for years and plants are experiencing a surge in popularity right now because so many people are working from home,” the company said in a news release.

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A local orchid grower is putting down roots in the West End due to customer demand.

Chadwick & Son Orchids Inc has announced it is opening a new orchid store in the West End in the Gaskins Place Shopping Center. The new space should be ready by September 1st.

The company, based in Powhatan, says the new location fills the need for Chadwick’s many West End clients and helps to meet the increased demand for plants in general. Chadwick’s existing store in the Museum District was recently renovated and will remain.

“Our West End clients have been asking us to open a store near them for years and plants are experiencing a surge in popularity right now because so many people are working from home,” the company said in a news release.

Chadwick & Son has 11 greenhouses in Powhatan and specializes in a service called ‘orchid boarding’ in which clients pay to have their plants taken care of. There are currently over 13,000 plants in production.

“Orchids, in various forms, have been in vogue for over a century – first as corsages, then as collector’s items, now as everyday houseplants,” a company representative concluded.

Chadwick & Son Orchids was founded in 1989 by Art Chadwick and his son, Arthur.

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Home Team Grill’s Glen Allen outpost rebranded as Twin Hickory Tavern

After 14 years in business in Glen Allen, local restaurant Home Team Grill has traded the sports moniker for one that shares the name of its community.

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After 14 years in business in Glen Allen, local restaurant Home Team Grill has traded the sports moniker for one that shares the name of its community. After some interior renovations and a revamp of the menu, owner Garland Taylor reopened the neighborhood restaurant as Twin Hickory Tavern.

The new restaurant has been totally renovated and features an expanded bar lineup with 20 beers on tap and a more upscale menu featuring appetizers like seared tuna, buffalo cauliflower, and chicken satay; sliders, a selection of tacos, and soups and salads; dinner entrees include burgers, premium sandwiches, and a shrimp bowl. See the full menu here.

Twin Hickory Tavern is located at 11351 Nuckols Road in the Twin Hickory Town Center and is open Monday – Friday from 11:30 AM until 2:30 PM and 5:00 – 10:00 PM; Saturday and Sunday 5:00 – 10:00 PM.

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New six-story “cohousing” development planned for Arthur Ashe Boulevard

The six-story building would be built near Growlers to Go and Starbucks in Scott’s Addition.

RVAHub Staff

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From Richmond BizSense:

The cohousing trend is popping up again in Richmond, this time on North Arthur Ashe Boulevard.

D.C.-based Outlier Realty Capital is planning a six-story cohousing project at 1101 N. Arthur Ashe Blvd. The site is adjacent to the Starbucks and Growlers To Go building, and formerly was home to McCauley’s Paint & Body shop.

Outlier is seeking a special-use permit for the project. The city’s Planning Commission is set to hear the matter at its July 20 meeting.Plans call for a 64,400-square-foot structure with 29 apartments totaling 148 bedrooms with shared kitchen and living areas. It would include 1,500 square feet of commercial space on the ground floor along with 30 parking spaces.

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