16 12, 2021

VTech Biomedical innovations take center stage during ‘Shark Tank’-style pitch competition 

By |2021-12-16T10:26:23+00:00December 16th, 2021|Competition, Virginia|0 Comments

Virginia Tech students pitched commercialization ideas for biomedical innovations to a "Shark Tank"-style panel of judges during the annual Health Sciences and Technology (HS&T) Hokie Pitch at the Fralin Biomedical Research Institute at VTC in Roanoke on Wednesday. The competition involved students from the Translational Biology, Medicine, and Health (TBMH) graduate program, who selected intellectual property (IP), worked with [...]

16 12, 2021

Commercialization Fund awards support to six VCU innovators 

By |2021-12-16T10:24:38+00:00December 16th, 2021|Proof of Concept (POC) Fund, Virginia|0 Comments

A refrigerated shipping container designed and powered by technology invented by Virginia Commonwealth University engineers someday could bring fresh food to people living in food deserts or disaster victims living without power. The VCU Commercialization Fund chose this project by Stephen Fong, Ph.D., a professor in the College of Engineering’s Department of Chemical and Life Science Engineering, [...]

9 12, 2021

Seed investments set young ideas on the path to becoming fully fledged — and funded — project

By |2021-12-09T09:43:49+00:00December 9th, 2021|Startup Fund, Virginia|0 Comments

This fall, 10 researchers will get an infusion of startup funding to collect pilot data they'll weave into proposals for external grants with much larger bottom lines. The seed grant program, called the Engineering Faculty Organization-Opportunity Grants, is one of several run by the Institute for Critical Technology and Applied Science (ICTAS). One of the ways the [...]

9 12, 2021

Virginia Innovation Partnership Corporation (VIPC) has announced a new name for CIT GAP Funds

By |2021-12-09T09:42:44+00:00December 9th, 2021|State or Government, Virginia|0 Comments

Virginia Innovation Partnership Corporation (VIPC) has announced a new name for CIT GAP Funds: Virginia Venture Partners. The family of funds places equity investments in Virginia’s high-growth based technology, life science, and cleantech companies at the earliest developmental stages. This new name reflects the investment program’s renewed commitment to the Commonwealth and enduring partnerships with Virginia's high-tech [...]

1 09, 2021

CIT GAP Funds Invests in BloomCatch to Advance the Next

By |2021-09-01T08:05:53+00:00September 1st, 2021|New Investments/Awards, State or Government, Virginia|0 Comments

The Center for Innovative Technology (CIT) today announced that CIT GAP Funds, the direct investment program of the Virginia Innovation Partnership Authority (VIPA) Investment Division, has invested in Centreville, Va.-based BloomCatch. BloomCatch is a versatile mobile plant identification app that combines cutting edge machine learning with live human experiences to connect plant parents to plant experts [...]

1 07, 2021

VTech Proof-of-Concept Program announces second year of funding to bring research to market

By |2021-07-01T10:21:13+00:00July 1st, 2021|Proof of Concept (POC) Fund, Virginia|0 Comments

Virginia Tech Intellectual Properties (VTIP) with LINK + LICENSE + LAUNCH launched its inaugural Proof-of-Concept Program in 2020. The program is designed to help provide researchers paths to market for technologies from research with the potential for significant societal and economic impact. Since then, more than $400,000 has been awarded in grants to Virginia Tech researchers to commercialize Virginia Tech [...]

5 05, 2021

Boeing partners with Virginia Tech Innovation Campus, commits $50 million

By |2021-05-05T19:02:56+00:00May 5th, 2021|Corporate, Virginia|0 Comments

$50 million, multiyear commitment from Boeing will help jump-start Virginia Tech’s effort to create the most diverse graduate technology campus in the United States, the university announced Tuesday morning. Boeing’s commitment will provide student scholarships, foster the recruitment of world-class faculty and researchers, and fund STEM pathway programs for underserved K-12 students looking to pursue [...]

17 03, 2021

CIT GAP Funds Makes Follow-On Investment in RoundlyX to Help Users Better Manage Digital Asset Portfolios

By |2021-03-17T18:12:50+00:00March 17th, 2021|State or Government, Virginia|0 Comments

The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has made a follow-on investment in Richmond, Va.-based RoundlyX, a digital asset wealth management platform. Since its initial GAP Funds investment in May 2020, RoundlyX has expanded its service beyond the United States, with users now able to connect to any European or UK [...]

20 01, 2021

$10M gift will help fuel discoveries at Virginia Tech Innovation Campus

By |2021-01-20T12:10:21+00:00January 20th, 2021|Foundation-support, Virginia|0 Comments

Virginia Tech’s growing impact in the greater Washington, D.C., metro area will receive a significant boost thanks to a multimillion-dollar gift from Octo founder and CEO Mehul Sanghani and his wife, Hema Sanghani. The couple’s $10 million gift primarily supports the newly renamed Sanghani Center for Artificial Intelligence and Data Analytics, which will be headquartered [...]

13 01, 2021

UVA iTHRIV Distributes $200,000 to Fund Innovative Medical Research Projects

By |2021-01-13T14:09:27+00:00January 13th, 2021|Virginia|0 Comments

The integrated Translational Health Research Institute of Virginia, or iTHRIV, a National Institutes of Health-funded Clinical and Translational Research Award hub, has awarded $200,000 in pilot funding to five multi-institutional research projects in Virginia. Teams of physicians, researchers and engineers at the University of Virginia, Virginia Tech, Inova Health System and Carilion Clinic were awarded the [...]