Business leaders, policymakers, and economic experts gathered on November 18th for the Top of Virginia Regional Chamber’s Economic Summit, presented by First Bank, to examine the current economic landscape and chart a path forward for the region. Now a cornerstone event for the local business community, the summit provides attendees with critical insights, actionable strategies, and opportunities to connect with peers and industry leaders.

Tom Barkin, President and CEO of the Federal Reserve Bank of Richmond, delivered the keynote address, offering an analysis of regional and national economic trends. Barkin, who also serves on the Federal Open Market Committee, discussed inflation, interest rates, and workforce challenges, while highlighting opportunities for growth and investment across Virginia and the broader Fifth District. Drawing on his extensive experience in both the public and private sectors—including his tenure as senior partner and CFO at McKinsey & Company—Barkin emphasized the importance of strategic planning and adaptability in an evolving economic environment.

Virginia Secretary of Commerce and Trade Juan Pablo Segura provided attendees with insights into the state’s ongoing efforts to promote economic development, foster innovation, and support small businesses. Segura, a co-founder of healthcare technology startup Babyscripts, highlighted initiatives aimed at attracting investment, developing a skilled workforce, and creating an environment where businesses of all sizes can thrive. His address underscored the critical role of collaboration between government and the business community in driving long-term economic prosperity for the region.

The summit also featured a dynamic panel of regional business leaders, including Scott Hamberger, entrepreneur at Blue Hill Proprietary; Beth Lewin, President of Carroll Construction; and Ed McKay, President & CEO of Shentel. Panelists shared firsthand insights on navigating challenges such as workforce retention and rising benefits costs. Their discussion offered attendees practical strategies to strengthen their organizations while fueling the resilience, growth, and innovative spirit that make the region’s business community so vibrant and forward-moving.

Attendees praised the summit as an invaluable platform for both learning and networking. Combining high-level economic analysis with real-world business experiences, the event provided actionable insights to guide organizations in the year ahead. Beyond information sharing, the summit fostered meaningful connections among business leaders, policymakers, and economic experts, reinforcing the Chamber’s role as a central hub for collaboration, innovation, and growth in the region.

The Top of Virginia Regional Chamber’s Economic Summit continues to serve as a vital platform—bringing together leaders, policymakers, and experts to share insights, address challenges, and explore opportunities for growth. By combining expert perspectives, interactive discussions, and peer engagement, the summit equips businesses with the knowledge, tools, and connections needed to thrive in a rapidly changing economy. As the region looks ahead, the Chamber remains committed to supporting innovation, strengthening connections, and driving long-term prosperity for all.

A special thank you to our presenting sponsor, First Bank; our host, Shenandoah University School of Business; and our event partners: iHeartMedia, Sign Here, F&M Bank, and Warfel Construction, for their support in making the Economic Summit a success.