Sponsored by Monday Properties and written by ARLnow, Startup Monday is a weekly column that profiles Arlington-based startups, founders, and other local technology news. Monday Properties is proudly featuring Shirlington Gateway. The new 2800 Shirlington recently delivered a brand-new lobby and upgraded fitness center, and is adding spec suites with bright open plans and modern finishes. Experience a prime location and enjoy being steps from Shirlington Village.
(Updated at 3:20 p.m.) Stand Together Ventures Lab, part of the Arlington-based philanthropic organization Stand Together, is helping launch and fund startups that could help people in transformational ways.
The nonprofit venture capital team invests money from Stand Together Foundation, which gives resources to community-based organizations nationwide to help break cycles of poverty. The umbrella organization for the Lab and the foundation, Stand Together, is located at 1320 N. Courthouse Road in Courthouse and was founded by politically-active businessman Charles Koch.
Koch’s Charles Koch Institute is located in the same building.
But Ventures Lab Managing Director Sihyun Choi will not invest in just any startup that purports to have a social impact. It has to take a revolutionary approach to a problem, not an evolutionary one, he said.
“Evolutionary ideas tend to be less risky,” he said. “We see a lot of solutions that help things the way they exist…That’s an easier thing to solve for than changing the system as a whole.”
Choi joined Ventures Lab this March, and in these last 10 months, he said he has learned how hard it is to find organizations that attack the roots of problems in the spheres of racial justice, criminal justice reform, poverty and immigration. He also joined as Ventures Lab was getting started and as the U.S. was bracing for COVID-19.
The pandemic heightened the urgency around the issues that need solutions, he said.
“My personal view is that expectations before March, and post-March — especially with the social unrest around racial justice and criminal justice reform needs across the country — have become exacerbated,” Choi said. “That certainly accelerated both the clarity of the work and the importance of it, and frankly, how quickly we needed to mobilize our work around that.”
The first group of startups receiving money from Choi and his team of ex-venture capitalists and corporate operations professionals reflect the topics people latched onto in 2020, which the pandemic in part revealed and exacerbated. These issues include criminal justice reform and racial inequality in unemployment.
From 140 startups it looked into this year, the Lab picked four: JusticeText, Risekit, Shift, and a fledgling company Choi cannot yet name. Typical checks range from $100,000 to $1 million, depending on the age of the company and the needs of a founder, he said.
JusticeText uses AI to transcribe audio and visual evidence for public defenders, who often do not have the time to review extensive footage and recordings themselves or the resources to hire a transcription service. Some estimate about 80% of crimes involve video evidence.
RiseKit helps people facing significant employment barriers — such as a criminal record, housing and food insecurity or a non-traditional education — find jobs. Shift helps veterans translate their skills from the military into jobs.
Choi could not name the fourth organization yet because it will launch next year, but he said it shows people in underserved communities — who may have no idea that their interests can align with careers — how to convert a passion into a viable life path.
Soon, Ventures Lab aims to invest in more startups, addressing other realms such as health care and education. The team is not aiming to invest in a certain number of companies, and it will take chances on those that may not generate lots of revenue, Choi said.
“We are exclusively biased toward if it is driving social impact — and if it makes money, great,” he said. “We’ll invest in the things we think are really important. By nature, it’s hard to put a quota on that.”
Asked if the lab will invest in Arlington-based startups, Choi said, “We’d love to continue to see opportunities here in the D.C. area, since the start-up ecosystem here is certainly growing.”
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Synetic Theater Camps are a wildly fun, highly accessible choice for young people who love moving, playing games, and making memories. Registration is open now for Summer Camps (sessions June 20-August 25) and there are even a few spots left for Spring Break camp, April 3-7.
Located in National Landing, these performance-based camps are designed for students of all ages – no theater or performance experience required.
Led by professional teaching artists, campers learn acting, movement, and technical theater skills through the lens of Physical Theater. Physical Theater incorporates acting, movement, dance, mime, and acrobatics. If you’ve seen a Cirque du Soleil performance, you’ll find many similarities.
Most first-time campers are new to the performing arts, and teaching artists are well-versed in engaging students at all levels. Parents and campers report that one of the best parts of Synetic is the community, with many families returning year after year because they feel a strong sense of belonging.
EDBS Dental Billing Solutions is pleased to announce that it has achieved compliance with the federally mandated standards of the Health Insurance Portability and Accountability Act (HIPAA) through the use of Compliancy Group’s proprietary HIPAA methodology, The Guard® compliance tracking software, and HIPAA Seal of Compliance®.
The HIPAA Seal of Compliance is issued to organizations that have implemented an effective HIPAA compliance program through the use of The Guard, Compliancy Group’s proprietary compliance tracking solution.
Clients and patients are becoming more aware of the requirements of HIPAA compliance and how the regulation protects their personal information. Forward-thinking providers like EDBS Dental Billing Solutions choose the HIPAA Seal of Compliance to differentiate their services.
“Since the nature of our business being exclusively remote, we take HIPAA compliance very seriously. With the help of Compliancy Group, we are able to take steps to fortify our systems to protect PHI information and familiarize each employee about HIPAA and how we can further safeguard PHI data.” said EDBS Dental Billing Solutions founder Goldie De Leon.
WHS Spring Festival
Join us at the WHS Spring Festival on April 22, 2023, from 10am- 3pm at Wakefield High School(main parking lot). Come out to shop, play, and eat!
Shop local vendors, arts & crafts, new and used items, food vendors/trucks, and
District 27 Toastmasters 2023 Virtual Conference
District 27 Toastmasters invites you to its annual conference where you can hear phenomenal speakers, attend professional development and personal growth seminars about leadership, negotiation, communication, teamwork, and mentorship. Learn how to develop your personal story and how to improve