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Business News & Notes: July 18-24, 2024

Grand Opening and Ribbon Cutting at Alloy Personal Training

Alloy Personal Training will hold its Grand Opening this Saturday, July 20, 11:00 a.m. — 3:00 p.m. Guests are invited to meet the trainers, watch demonstrations, and tour the facility. The festivities include food, raffles, local vendors, and special promotions. Join the Falls Church Chamber and elected officials for the ribbon cutting ceremony at 1:00 p.m. with owner Kevin Moran and staff. Alloy Personal Training is in the Shops at West Falls.

Webinar: Maximize AI for Business Growth

Dr. Heather Pressler of BlueHuki is hosting a webinar for businesses interested in using AI. Learn how to leverage the potential of Artificial Intelligence (AI) in marketing a business. The session includes networking with other businesses prior to the presentation on tools, trends, and techniques. The webinar will be held Thursday, July 25, 7:30 a.m. — 9:00 a.m. and registration is free at eventbrite.com/e/maximize-ai-for-business-growth-online-tickets-945830202597?aff=oddtdtcreator.

Board Members Sought

The Northern Virginia Mental Health Foundation (NVMHF) works directly with the Fairfax-Falls Church Community Services Board and provides support to individuals who are seeking public mental health services on their journeys to wellness and recovery. NVMHF is an all-volunteer organization with a Board of eight to twelve members conducting all functions. NVMHF is currently looking for individuals proficient in the following skills: digital media, website maintenance, event planning, financial reviews, and legal expertise. No clinical expertise is required, and all are welcome to apply. Contact Cynthia Koshatka at info@novamhf.org for more information.

Satellite Funding Prior Merger

Lynk Global, Inc., a satellite company in Falls Church, has reported to the Securities and Exchange Commission that it has raised more than $67.5 million in funding towards the goal of $96 million. Lynk had announced plans to raise $40 million Series B before the merger with Slam Corp, a firm founded by former baseball professional Alex Rodriguez. The SPAC plan is to take the company public by the end of the year, at a potential value of as much as $800 million. Lynk Global has worked to provide global phone service from satellites in space to parts of the world without service. It has been pursuing additional capital with BTIG LLC in San Francisco to help raise its Series B ahead of the SPAC merger to get more of its own satellites in space quickly.

Virginia is America’s Top State for Business

Virginia regained its position as the No. 1 state in CNBC’s annual Top States for Business rankings released last Thursday. There are over 128 metrics involved and they are summarized in 10 categories, of which Virginia ranked in the top 50% for all with particularly great strides made in business-ready sites, workforce development, regulatory reduction, infrastructure investment and all-of-the-above power solutions. Virginia placed in the top half of all 10 categories considered in the rankings and finished as the No. 1 state for education. This is the sixth time in the No. 1 spot, returning after being ranked No. 2 last year.

Highlighted Restaurants

The July Washingtonian Magazine named Ellie Bird as having the best kid’s menu. Parents Carey and Yuan Tang offer a variety of options for picky eaters. They’ve moved the basic chicken fingers, noodles and more up a level. Arlington Magazine gave the spotlight to several local burger spots in their article, “16 Burger Joints to Try Now”. The three found in Falls Church are Elevation Burger (opening first in the Little City), Five Guys, and Open Road.

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