

Our Sponsors
Platinum Sponsors
- Cooley Godward Kronish, LLP
Cooley Godward Kronish's attorneys are counselors, strategists and advocates for foremost private and public companies across a wide variety of industries and in all major technology fields. Our clients include entrepreneurs, venture capitalists, financial service organizations and research institutions. We also have more than 25 years of dedicated service to the life sciences industry and have built one of the most integrated and comprehensive life sciences legal practices in the country. We have represented 30 percent of the companies on the NASDAQ Biotechnology and BioCentury 100™ Indices, and more than half of the companies on the AMEX Biotech Index.
Cooley was recently named to The American Lawyer magazine’s 2005 “A List,” the publication’s annual ranking of “the best of the best” among the nation’s top law firms.
Cooley Godward Kronish provides legal services to incubator tenants at a 10 percent discount on the usual and customary manpower rate. Any out-of-pocket costs or filing fees are invoiced at actual cost. Aggregate annual discount to all VBDC clients is capped at $15,000 (equivalent to $150,000 in total legal services annually).
Christian Plaza, Esq.
One Freedom Square
Reston Town Center
11951 Freedom Drive
Reston, Virginia 20190-5656
Phone: (703) 456-8006
Fax: (703) 456-8100
E-mail: cplaza@cooley.com
Web: www.cooley.com - Kilpatrick Townsend & Stockton LLP
Townsend is one of the largest law firms in the U.S. specializing in the creation and enforcement of intellectual property rights and technology transactions. More than 200 attorneys and professionals comprise a firm that is regularly rated among the country's top IP firms by publications including Managing IP, Intellectual Property Today and IP Law & Business. From our offices in Washington, D.C., San Francisco, Palo Alto, Walnut Creek, San Diego, Denver, Seattle, and Tokyo, Japan, we regularly advise start-ups and emerging growth companies, universities, research organizations, venture capitalists and investors focused in the biotechnology, medical device and other life sciences fields with the protection and commercialization of intellectual property through patents, trademarks, trade secrets, copyrights, technology transactions and, if necessary, litigation.
The attorneys and IP professionals in Townsend's life sciences practices are an extraordinary collection of specialists, many with advanced degrees and extensive engineering, scientific and business experience. We have extensive experience assisting both emerging and established companies in developing their patent portfolios quickly and strategically to achieve the strongest possible market position for their technologies. As small start-ups evolve into larger, successful ventures, we provide ongoing assistance in patent prosecution, patent portfolio management, license negotiation, due diligence, litigation and any other intellectual property needs.
From the inception of a company through its successful acquisition by or evolution into a larger entity, Townsend is focused on one singular objective: to identify and implement the strategy that best protects and manages our client’s intellectual property.
Please note: Townsend provides legal services to Virginia Biosciences Development Center tenants at a 30 percent discount off our usual hourly billing rate. The aggregate discount amount is capped at $15,000 annually. Any out-of-pocket costs or filing fees are invoiced to the client at actual cost.
Richard S. Meyer
Partner
Kilpatrick Townsend & Stockton LLP
1301 K Street, NW
Ninth Floor, East Tower
Washington, D.C. 20005
Phone: (202) 481-9911
Fax: (202) 481-3972
E-mail: rmeyer@kilpatricktownsend.com
- Troutman Sanders LLP
Troutman Sanders LLP, founded in 1897, is an international law firm with more than 600 attorneys serving clients from offices in Atlanta, Hong Kong, London, New York, Norfolk, Raleigh, Richmond, Tysons Corner, Virginia Beach and Washington, D.C. The full-service firm offers a broad array of practice areas including corporate, finance, real estate, litigation and public law.
Troutman Sanders recognizes that owners of a closely held business have the same need for sophisticated legal advice as do publicly traded companies. We deliver the personalized service of a small law firm, combined with the extensive experience of one of the largest law firms in the Southeast. Our team that is dedicated to the Virginia BioTechnology Research Park includes attorneys experienced in angel and venture capital financing, intellectual property licensing, patents, corporate governance, business law, taxation, estate planning, real estate and litigation. The Troutman Sanders objective is to help our clients acquire, grow, protect and transition their assets. We act as not only legal advisors, but as business problem solvers.
Troutman Sanders provides legal services to incubator tenants at a 30 percent discount on the usual and customary manpower rate. Any out-of-pocket costs or filing fees are invoiced at actual cost. Aggregate annual discount to all VBDC clients is capped at $15,000.
Thomas A. Grant
Troutman Sanders LLP
1001 Haxall Point
Richmond, Virginia 23219
Phone: (804) 697-1306
Fax: (804) 698-5157
E-mail: tom.grant@troutmansanders.com
Web: www.troutmansanders.com
Gold Sponsors
- Harris, Hardy & Johnstone, P.C.
Harris, Hardy & Johnstone, P.C. is a Richmond based full service public accounting firm serving the state of Virginia. In the twenty-two years since our formation, we have grown to six partners and a total firm size of 31 individuals, with twenty-one CPA’s. Our practice focus is on assisting small businesses and their owners in the areas of accounting, taxation and management advisory services. We tailor our service approach to the needs of each client with a high level of partner involvement. Our clients represent the industries of technology-based services, health/life sciences, professional service organizations and contractors.
Harris, Hardy & Johnstone, P.C. provides their services to VBDC tenants at a 10 percent discount on our usual and customary rates. Any out-of-pocket costs or filing fees are invoiced at actual cost. Our aggregate annual discount to all VBDC clients is capped at $7,500.Stephen G. Carroll, CPA
Partner
Harris, Hardy & Johnstone, P.C.
9201 Arboretum Parkway
Richmond, Virginia 23236
Phone: (804) 560-0560
Fax: (804) 560-0553
Email: scarroll@hhjcpa.com
Web: http://hhjcpa.net/default.htm - Hunton & Williams
Hunton & Williams has nearly 1000 attorneys dedicated to providing high quality legal work and exceptional service to our clients. Our 100-year history as one of the leading law firms in Virginia makes us an invaluable resource to any firm doing business in the commonwealth. Attorneys across our 19 offices worldwide come together to form our Life Sciences Team that focuses on the specific needs of our clients in the biotechnology and pharmaceutical industries, including attorneys that hold Ph.D.s and advanced degrees in fields relevant to the life sciences such as chemistry, biochemistry, chemical engineering, pharmacology, biology, virology, medical technology and biophysics.
Leading life sciences companies continue to choose Hunton & Williams because of our ability to understand both the business and legal issues they face. Our attorneys regularly assist life sciences clients with a wide variety of legal issues, including intellectual property protection and enforcement, FDA and USDA regulation compliance, angel and venture capital investments, exit strategies for founders through M&A transactions and IPOs, technology transfer issues, and corporate structuring and governance issues. Our clients include major pharmaceutical companies and early-stage biotech ventures, venture capital funds and private equity firms, regulatory agencies and major research universities.
Hunton & Williams LLP provides legal services to VBDC tenants at a 30 percent discount on our usual and customary rates. Any out-of-pocket costs or filing fees are invoiced at actual cost. Our aggregate annual discount to all VBDC clients is capped at $15,000.
Melvin E. Tull, III
Hunton & Williams LLP
Riverfront Plaza, East Tower
951 East Byrd Street
Richmond, Virginia 23219
Phone: (804) 788-8561
Fax: (804) 343-4712
Email: mtull@hunton.com
Web: www.hunton.com - Keiter, Stephens, Hurst, Gary & Shreaves For more than 30 years, Keiter, Stephens, Hurst, Gary & Shreaves, P.C., has offered a variety of accounting and consulting services. With 18 principals and a total of 120 employees — including 56 CPAs on staff — Keiter Stephens is one of the largest CPA firms in Virginia. Keiter Stephens specializes in serving privately held businesses and their owners, more than 100 nonprofit organizations, and a growing number of publicly held companies in Richmond and Charlottesville. We are ranked as the third largest firm in Richmond, exceeded only by two Big 4 firms. Accordingly, we feel that we are unique among local accounting firms because of the depth of our public accounting industry expertise, including regional and national firm experience.
Dedicated to serving the middle market, Keiter Stephens offers clients the range of services and expertise of a national firm, as well as the personal attention of a local firm. While our fees are competitive with those of local firms, our resources allow us to offer complete financial services and solutions to our clients to assist them in making their business or organization a success. Our clients range from local not-for-profit organizations to closely-held businesses and their owners in virtually all but a select few regulated industries.
Our professionals understand the needs of our entrepreneurial clients. In this fast past world, information delivered efficiently and expediently is required. We do not stop there. Whether we are performing an audit examination or developing a business plan for a start-up company, our focus is to help our clients understand their businesses better through our services.
Keiter Stephens provides accounting, tax and consulting services to Incubator tenants at a 10 percent discount. Any out-of-pocket costs are invoiced at actual cost. Aggregate annual discount to all VBDC clients is capped at $5,000.
Robert H. Keiter, CPA
Principal
Keiter, Stephens, Hurst, Gary & Shreaves, PC
4401 Dominion Boulevard, Suite 200
Glen Allen, Virginia 23060
Phone: (804) 747-0000
Fax: (804) 747-7502
E-mail: bkeiter@kshgs.com
Web: www.kshgs.com
Robert L. Sommerville, CPA
Principal
Keiter, Stephens, Hurst, Gary & Shreaves, PC
4401 Dominion Boulevard, Suite 200
Glen Allen, Virginia 23060
Phone: (804) 418-6277
Fax: (804) 747-7502
E-mail: bsommerville@kshgs.com
Web: www.kshgs.com
- McGuireWoods LLP
McGuireWoods, LLP is a full service law firm that understands the business and legal challenges facing emerging growth companies in the biotechnology and health sciences industries. Services include choice and organization of legal entity; capital structure; ownership allocation among founders, owners of intellectual property and investors; protection and enforcement of patents and other intellectual property; executive compensation; employment, non-compete and non-disclosure agreements; licensing agreements; strategic alliances, mergers and acquisitions, and private and public offerings of company securities.
McGuireWoods has working experience with the technology transfer departments of all major research universities in Virginia and understands the intellectual property and licensing protocols and procedures of those institutions. The firm represents both venture capital funds and private equity investors and assists clients with seed capital, angel and venture fund financings. The firm’s understanding of the venture capital community is helpful in assisting early stage and growth companies anticipate and respond to the changing scope and preferences of venture capital investors. In advising clients on capital formation issues, McGuireWoods takes an active role in analyzing business plans, strategies, valuation issues and financing structures to facilitate an assessment of the most appropriate financing alternatives. The firm also assists in evaluating, structuring and negotiating strategic alliances, mergers and acquisitions and other business combinations.
McGuireWoods provides legal services to incubator tenants at a 30 percent discount on the usual and customary manpower rate. Any out-of-pocket costs or filing fees are invoiced at actual cost. Aggregate annual discount to all VBDC clients is capped at $15,000.
Contact information
Michael B. Woodard
McGuireWoods, LLP
One James Center
901 East Cary Street
Richmond, Virginia 23219
Phone: (804) 775-4729
Fax: (804) 698-2210
E-mail: mwoodard@mcguirewoods.com
Web: www.mcguirewoods.com
Silver Sponsors
- Beaufort LLC
Beaufort LLC is a specialized CRO providing solutions to pharmaceutical, biotechnology, in vitro diagnostic and medical device companies. Our professional service offerings include regulatory affairs consulting, clinical trial management and quality assurance. We combine technical expertise with exceptional service to deliver consistent, reliable value-added results on time and on budget.
A full listing of our service capabilities is available at http://www.beaufortcro.com
Schuyler Ritter, SVP of Business Development
800 East Leigh Street
Suite 20
Richmond, Virginia 23219
Phone: (804) 780-3113
Fax: (757) 961-7479
E-mail: sky@beaufortcro.com
Web: http://www.beaufortcro.com - Leonard, Patel & Olson, P.C. – Intellectual Property Attorneys
Leonard, Patel & Olson, P.C. specializes in providing patent, trademark and copyright services to emerging businesses. Our attorneys recognize that IP assets provide critical value to businesses of all forms, whether they are used to attract funding, protect products or a brand, stave off competitors, or facilitate licensing revenue. Intellectual property generally makes up somewhere between 70-90% of the value of a business, and we look forward to helping your business protect its critical assets. We provide (1) an industry-specific approach; (2) deep technical expertise; and (3) responsive client service and fixed fees.
Industry-Specific Approach. We recognize that an understanding of how intellectual property is leveraged in a client's industry is vital to providing quality intellectual property services. For instance, careful consideration of how patents are used in a particular industry helps us advise clients regarding whether a specific technology may be worthy of patent protection.Deep Technical Expertise. We understand our clients' technologies through the technical backgrounds of our attorneys, past experience patenting technologies in the field, and careful research. Our attorneys have extensive experience working with thousands of inventions in representative fields including telecommunications, network technologies, electronics and integrated circuits, software, engines and motors, and materials.
Responsive Client Service and Fixed Fees. Our professionals are committed to keeping clients well-informed of the progress of their applications and to responding quickly to client inquiries. We also encourage clients to take advantage of fixed fees that facilitate reliable forecasting of IP expenditures.
Key company contact:
Michael Leonard II
President & Founding Partner
1875 I Street NW
5th Floor
Washington, DC 20006
Office: (202) 429-8434
Fax: (202) 429-9574
Cell: (703) 965-8241
e-mail: mleonard@lpolaw.com
website: www.lpolaw.com - PayTime, Inc.
PayTime, Inc., is a Richmond, Va., owned and operated payroll service firm. PayTime provides a complete payroll service from pay checks to management reports to tax payment and report filing. Services include:
- Preparation and deposit on clients’ behalf of all federal and state taxes.
- At the end of each quarter, preparation and filing of all federal and state tax returns.
- Completion of annual federal and state tax returns.
- Access to a Web-based timekeeping system and comprehensive 401(k) plan.
- PayTime provides cash support for the general operating expenses of the VBDC.
Chuck Clement
3805 Cutshaw Ave.
Richmond, VA 23230
Phone: (804) 355-6674
Fax: (804) 355-7347
E-mail: cclement@paytimepay.com
Web: www.paytimepay.com - Riggs, Counselman, Michaels & Downes, Inc. Riggs, Counselman, Michaels & Downes, Inc. was founded in 1885 and is ranked among the top 100 insurance brokers in the United States. RCM&D provides insurance brokerage services, risk management consulting and employee benefit solutions to businesses throughout the U.S. As an employee-owned company with more than 250 employees and more than $450 million in insurance premiums placed each year, RCM&D understands the importance of providing solutions, not products, to our clients. Our life science and technology group works with regional, national and international clients in all aspects of their operations — from start-up risks continuing through preclinical trials, FDA approvals, clinical testing and, ultimately, product launch.
For more information on how we approach risk management and insurance, please visit our Web site at www.rcmd.com.
James F. Shewey, client development
Riggs, Counselman, Michaels & Downes, Inc.
4200 Innslake Drive, Suite 202
Glen Allen, Virginia 23060
Phone: (804)237-5912
Fax: (804)237-5901
E-mail: Jshewey@rcmd.com
Web: www.rcmd.com
- Spark Engineering SPARK is a Richmond, Va.-based product design and engineering consulting firm that provides turn-key product development services from concept design, to 3D CAD modeling, through rapid prototyping and into final production documentation. Our core product development expertise is mechanical engineering, product design, 3D CAD (computer-aided design), prototyping and design-for-manufacture and assembly.
SPARK’s product design and engineering services can provide VBDC tenants with advisement and expert guidance about the product development process, including:- Definition of product specifications prior to beginning product development.
- Research and analysis of the user and ergonomic issues of product usage.
- Brainstorming and visualization of product concepts.
- Network of engineering specialists — electrical, optical, wireless, software — as well as a network of prototyping and production vendors.
- 3D CAD product modeling of product parts in preparation for plastic molding and manufacturing.
- Rapid prototyping of product concepts to verify fit, form and operation before production.
- Documentation of final product design and liaison with vendors to ensure quality production.
Bruce Ferris
Principal
5928 School Avenue
Richmond, Virginia 23228
Phone: (804) 440-5700
Fax: (856) 975-5225
Web: www.sparkengineering.com
- Virginia Commonwealth University School of Business The Virginia Commonwealth University School of Business has approximately 100 full-time faculty teaching approximately 4,000 undergraduate and graduate students. Our degree programs include the Bachelor of Science in Business with eight majors, the B.S. in Financial Technology, the Master of Business Administration, Fast Track Executive MBA, Master of Science in Business with four majors, M.S. in Information Systems, Fast Track MS in Information Systems, Master of Arts in Economics, Masters in Accounting, Masters in Taxation, and the Ph.D. in Business with majors in information systems, accounting and organizational behavior. Through our Center for Corporate Education the School offers non-credit executive training programs.
Through our Fast Track Executive MBA program we offer to help address a “Strategic Dilemma” presented by a VBDC company. This is done as part of the capstone project for second-year Fast Track MBA students. These students work in teams, and have, on average, approximately 14 years of work experience. Each spring semester a minimum of one Fast Track Executive MBA “Strategic Dilemma” project is available to a VBDC client company at no charge to that company. VBDC clients interested in accessing this project should contact the VBDC executive director.
The VCU School of Business also provides faculty to serve on kitchen cabinet business advisory boards created for VBDC client companies.
Dr. Michael Sesnowitz
Dean, School of Business
Virginia Commonwealth University
P.O. Box 844000
Richmond, Virginia 23284-4000
Phone: (804) 827-0072
Fax: (804) 828-1600
E-mail: msesnowi@vcu.edu
Web: www.bus.vcu.edu
- Virginia’s Center for Innovative Technology (CIT) Virginia's Center for Innovative Technology (VCIT) is a state-chartered nonprofit corporation that accelerates Virginia’s next generation of technology and technology companies.
VCIT provides the only statewide suite of programs and services for technology researchers, technology entrepreneurs, and early stage technology businesses in all regions of the Commonwealth. These programs and services include: advanced services for market analysis, market/business planning; scientific, technical and marketplace information; federal funding assistance; and investment capital access support.
Ms. Brooke Bell
Regional Director
Lockwood Business Center
9097 Atlee Station Road
Suite 204
Mechanicsville, Virginia 23116
Phone: (804) 371-3433
Fax: (804) 371-3621
E-mail: bbell@cit.org
Web: www.cit.org
Education Series Sponsors
- LeClair Ryan
LeClair Ryan’s biotechnology and venture capital practice features seasoned business attorneys who have the breadth and depth of practical experience to serve as value-added strategic partners to emerging companies in all phases of growth, from formation and initial capitalization through exit. The business attorneys dedicated to this practice area have extensive legal and general business experience and add value by providing strategic advice and keeping an “ear to the ground” for opportunities of interest to their clients. LeClair Ryan attorneys were involved in founding in the Greater Richmond Technology Council, the Richmond Venture Forum and Virginia’s Technology Capital Access Forum and have held leadership positions in the ABA’s Biotechnology Committee, the NewVA Corridor Technology Council, the Charlottesville Venture Group, the Richmond Venture Forum and the Council of CEOs. Our firm sponsors the VT KnowledgeWorks incubator, located in the Corporate Research Center in Blacksburg, Va. Because of commitments like these, LeClair Ryan biotechnology and venture capital practice attorneys are able to use their extensive networks to help in strategic planning and help meet and evaluate potential customers, alliance partners, employees, service providers, lenders, venture capital firms, investment bankers and other sources of capital.
The firm’s attorneys have served as general counsel to emerging companies ranging from manufacturing, distribution and service companies to technology-based companies such as transgenics, medical software development, medical device, bio-informatics, biomedical, diagnostics, pharmaceutical, technology development and commercialization, e-learning, financial software, biomedical engineering software, systems integration, software consulting, and high-tech manufacturing and assembly companies.
The LeClair Ryan business attorneys working with emerging companies have collectively closed more than 500 financing transactions and 500 merger and acquisition transactions. They have helped take their clients from concept to IPO and beyond, from a single entrepreneur with an idea to a company with more than 1000 employees. They have dealt with every conceivable issue confronting a rapidly growing company, including:- Forming C and S corporations, LLCs and partnerships and providing related tax advice.
- Representation in raising equity and borrowing money from investors and financial institutions.
- Preparing shareholder and buy-sell agreements.
- Providing advice concerning boards of directors and advisory boards.
- Providing advice concerning the sale of capital stock and membership interests, and blue sky and other securities compliance issues.
- Providing advice concerning intellectual property matters, including prosecuting trademarks and negotiating patent licenses and assignments.
- Providing advice concerning executive employment and senior consulting agreements, including employee loyalty agreements, nondisclosure agreements, consultant confidentiality agreements, stock options, restricted stock, phantom equity, bonus arrangements and employee benefits.
- Providing advice concerning hiring, retaining and firing employees.
- Providing advice concerning growth strategies, including strategic alliance arrangements such as co-marketing, co-development, licensing, distribution, teaming, contract manufacturing and research and development agreements.
- Preparing clients for initial public offerings.
- Preparing clients for exit events, including company sales, mergers, ESOPs and partial-sale transactions.
- Providing advice concerning the entire spectrum of legal issues that may arise during the lifespan of an emerging company, including litigation, tax, real estate and wealth transfer issues.
Representative engagements of the biotechnology and venture capital practice:
- The leading U.S. provider of connectivity and data management solutions for point-of-care test results, with systems installed in approximately 1,200 U.S. hospitals.
- A drug discovery and development company that owns a platform technology of patented small molecules which treat serious medical conditions by increasing tissue oxygenation.
- A foreign public company in connection with disposition of its U.S. subsidiary engaged in xeno-transplantation and other areas of biomedical research.
- A medical device company with a patented vascular closure device for use in diagnostic and interventional procedures, currently in the final stages of FDA approval.
- A company specializing in the innovation, development and integration of mechanical, electronic, computational and software subsystems.
- Leader in producing human blood factors in the milk of transgenic animals.
- An emerging biopharmaceutical company developing new proprietary drugs and technologies to combat wet age-related macular degeneration.
- A bioinformatics company utilizing heart rate variability to predict the onset of neonatal sepsis.
- A development-stage pharmaceutical company specializing in the discovery and development of novel antibacterial agents.
- A major nanotechnology manufacturing company.
- A health care information systems company, through exit via merger and acquisition transaction with a publicly traded company.
- A pharmaceutical development company designing and testing products that affect protein interaction at a subcellular level.
- A company that develops, manufactures and distributes rapid noninvasive intestinal diagnostics.
- A biotech start-up developing a safe, compact and easy-to-dispense auto-injection drug delivery system.
Hugh B. Wellons, attorney
LeClair Ryan
10 South Jefferson Street, 18th Floor
Roanoke, Virginia 24011
Phone: (540) 510-3057
Fax: (540) 510-3050
E-mail: hugh.wellons@leclairryan.com
Web: www.leclairryan.com
Andrew W. White, attorney
LeClair Ryan
951 East Byrd Street, 8th Floor
Richmond, Virginia 23219
Phone: (804)343-4063
Fax: (804) 783-7608
E-mail: andrew.white@leclairryan.com
Web: www.leclairryan.com
Facility Sponsors
- BB&T Capital Markets
BB&T Capital Markets is a division of Scott & Stringfellow, Inc., a registered broker/dealer subsidiary of BB&T Corp. and a member of NYSE/SIPC. The mission of BB&T Capital Markets is to be the BEST integrated source of middle-market capital market solutions and services for selected corporate, government and institutional relationships. From investment banking to research, from brokerage to trading and from commercial banking to trust, BB&T Capital Markets partners with corporate clients to offer sophisticated financial solutions for their needs. As a part of the nation’s 13th largest bank, BB&T Capital Markets offers:
- Investment banking services
- Public and private capital solutions
- Merger and acquisition advisory services
- Traditional commercial banking products and services
- Equity research
- Corporate banking
- Equity and fixed income trading
BB&T, BB&T Capital Markets and & Scott & Stringfellow, Inc., provide cash sponsorship for the purchase of office equipment, cubicles, computers and other facility support for the VBDC. Banking and investment services are available at BB&T’s usual and customary rates and terms.
G. Jacob Savage III, CFA
Managing Director, corporate finance
BB&T Capital Markets
P.O. Box 1575
909 E. Main St.
Richmond, VA 23218-1575
Phone: (804) 780-3230 / (800) 552-7757
Fax: (804) 649-0990
E-mail:jsavage@scottstringfellow.com
Web: www.bbandt.com/capitalmarkets/
- BB&T Corp.
BB&T Corp. headquartered in Winston-Salem, N.C., is a fast-growing, highly profitable financial holding company with $79.6 billion in assets. Its bank subsidiaries operate more than 1,100 branch offices in the Carolinas, Virginia, West Virginia, Kentucky, Georgia, Maryland, Tennessee, Alabama, Indiana, Florida and Washington, D.C. BB&T ranks No. 4 in market share in Virginia. BB&T’s operating strategy distinguishes it from other financial holding companies. BB&T’s banking subsidiaries are organized as a group of community banks, each with a regional president, which allows decisions to be made locally, close to the customer. This also makes BB&T’s customer service more responsive, reliable and empathetic. BB&T goes beyond a customer’s balance sheet and financials to a real understanding of where the customer is and where it would like to see the business go in the future. From growth strategies to financing and cash management tools, BB&T’s aim is to give a business every advantage possible, whether it’s just getting started or is ready to grow. That’s what has resulted in BB&T being named the No. 1 Small Business Friendly Bank for two consecutive years. Among services offered:
- BB&T Business Checking
- BB&T Elite Business AccountSM
- BB&T Business Investors Deposit Account
- BB&T ChoiceLine
- BB&T Business Check Card
- BB&T VISA Business Credit Card
- BB&T Business Mortgage
- BB&T Business OnLine
- Business Cash Manager OnLine
- Member FDIC
BB&T, BB&T Capital Markets, and Scott & Stringfellow, Inc. provide cash sponsorship for the purchase of office equipment, cubicles, computers and other facility support for the VBDC. Banking and investment services are available at BB&T’s usual and customary rates and terms.
Douglas M. Roth
Senior Vice President/ Area Executive
BB&T
823 E. Main St., 10th Floor
Richmond, VA 23219
Phone: (804) 787-1060
Fax: (804) 787-1111
E-mail: droth@bbandt.com
Web: www.bbandt.com
- Scott & Stringfellow, Inc.
Scott & Stringfellow is a full-service brokerage firm committed to lasting client relationships based on mutual trust and respect. The firm focuses on providing comprehensive financial guidance and wealth planning to valued clients. Financial adviser Dan Fryer of Scott & Stringfellow has helped individual investors for more than 17 years. His mission statement reads, "Saving the investor's retirement," which is critical because of increasing market volatility, over-dependence on uninsured retirement accounts (401(k)s and IRAs) and investors' mistaken belief that "maxing out" the company's 401(k) is sufficient for retirement. To shelter clients' retirement accounts from volatility, Fryeran uses a five-step "asset-protection strategy:"
- Determine the investor's personal needs
- Inventory the existing assets
- Make recommendations for changes
- Implement
- Review quarterly
BB&T, BB&T Capital Markets, & Scott & Stringfellow, Inc. provide cash sponsorship for the purchase of office equipment, cubicles, computers and other facility support for the VBDC. Banking and investment services are available at BB&T’s usual and customary rates and terms.
Dan K. Fryer
AAMS First Vice President
Scott & Stringfellow, Inc.
909 E. Main St.
Richmond, VA 23219
Phone: (804) 780-3224 / (800) 552-7757
Fax: (804) 649-3657
E-mail: dfryer@scottstringfellow.com
Become a VBDC Sponsor (PDF).


