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CIT GAP Funds 2020 Impact Report Showcases $32.4 Million in Capital Deployed to Date Investments have supported the creation of nearly 6,500 jobs throughout the Commonwealth CIT Growth Acceleration Program (GAP Funds) Since 2005, CIT GAP Funds has invested in Virginia’s leading technology start-ups generating significant economic return for entrepreneurs, co-investors, and the Commonwealth of Virginia. CIT GAP Funds is a family of seed and early stage venture funds investing in Virginia-based technology, life science, and cleantech companies, with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors, and the Commonwealth of Virginia. Serving a vital connecting function, CIT GAP Funds partners with accelerators, seed-funds, and angel groups across Virginia’s entrepreneurial ecosystems to source and invest in companies. Serving as Virginia’s venture capital “on-ramp,” CIT GAP Funds helps portfolio companie

United statesCommonwealth of virginiaSara pomakoy pooleDan warrenTom weithmanSmall business innovation researchLaunchtech communicationsFunds commonwealth research commercialization fundCarilion health systemsCleantech energySmall business technology transferInnovative technologyVirginia research investment fundCommonwealth commercialization fundTech fundUniversity partnerships startup company mentoring engagement