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Wrong John Wynne?
Mr. John Wynne Dubby Jr.
Hampton Roads Community Foundation
Hampton Roads Community Foundation
101 W. Main Street Suite 4500
The Hampton Roads Community Foundation connects you with charitable causes to improve life in our region.
The community foundation manages permanent funds created by people from all walks of life.
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"Because Virginia is a diverse state ...
"Because Virginia is a diverse state and each region is different, a once-size-fits all approach won't work," said John O. "Dubby" Wynne, Chairman of the Hampton Roads Community Foundation and former CEO of Landmark Communications.
John O. "Dubby" Wynne, community volunteer ...
John O. "Dubby" Wynne, community volunteer retired Landmark Communications Inc.
In Richmond, about 80 people turned ...
In Richmond, about 80 people turned out for a briefing led by Thomas F. Farrell II, the chairman, president, and CEO of Dominion Resources, and John O. "Dubby" Wynne, the retired president and CEO of Landmark Communications and chairman of the Hampton Roads Community Foundation.
"We are committed to building a broad, bipartisan, statewide coalition that will work to promote private-sector growth in each region and that will campaign for state incentives to encourage regional cooperation," said Wynne
termed the initiative a "game-changing" idea that would provide a new framework for job creation to reverse what he
called a "downward spiral."
In recent years, Virginia's economy has been hard hit by federal budget cuts to the Department of Defense
, whose lucrative contracts have helped boost the state's economy for years.
"We were shocked to see the drop in our rate of economic growth," said Wynne
"When you see 48th among the states, we're not used to that."
was referring to the state's virtually flat real GDP growth in 2014, which placed it 48th among the states, according to the U. S. Bureau of Economic Analysis
said the mission of the day was not to release specifics on the new approach but to begin to put in place a long-term structure that would lead to sustained economic success.
"We are not talking about new taxes, increasing taxes, mandates or new layers of government," he
In an interview later, Wynne
and Farrell said one of the key premises of the model would be that localities with at least one collaborative partner would be able to apply for state-funded incentive grants for new job creation projects.
Asked where the money would come from, Wynne
said, "A lot of the money is in there already," referring to budget allocations for things like workforce development and economic development, that could be repurposed.
"The engine that has been driving ...
"The engine that has been driving our economy is under attack," Hampton Roads Community Foundation Chairman John "Dubby" Wynne told the crowd.
"Businesses want to operate in places that get it," Wynne
The small Southern Virginia city of Danville, devastated by the loss of its major textile and tobacco industries, kept coming up throughout the a as being hungrier than Hampton Roads
in reinventing its economy.
Danville was willing to share revenue and land in a joint industrial park with neighboring Pittsylvania County and partnered with a technology incubator in Research Triangle Park to establish a seed fund for startups.
, who's lived in the region all his
life, said the culture of Hampton Roads' cities and counties not cooperating hasn't changed since 50 years ago.
The former CEO of Landmark Communications
(now Landmark Media Enterprises and parent company of The Virginian-Pilot) said he
is working with other members of the Hampton Roads Business Roundtable
to get the state to incentivize regional collaboration.
John O. "Dubby" ...
John O. "Dubby" Wynne
Mr. Wynne is the former CEO of Landmark Communications and currently serves as Chairman of the Board of the Hampton Roads Community Foundation.
Most recently, Mr. Wynne is a founder of the Hampton Roads Business Roundtable.