Northam announces $3.4M to advance research commercialization in key tech sectors
Published Monday, Jul. 12, 2021, 8:33 pm
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Gov. Ralph Northam today announced that 34 small technology-focused businesses in Virginia will receive a total of $3.4 million in Commonwealth Commercialization Fund grants.
The grants will support commercialize research in an array of sectors, including agricultural and environmental technologies, autonomous systems, clean energy, cybersecurity, data analytics, life sciences, and space and satellites.
These awards mark the inaugural funding round for CCF, which was developed through the Virginia Innovation Partnership Authority.
Grant funding for technology-focused businesses
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Virginia Governor Ralph Northam
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Virginia awards $3 4 million to tech startups
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CIT GAP Funds Invests in Floorwire to Give Commercial Owners Control of Architectural Data
Startup empowers commercial real estate stakeholders to organize, secure, analyze, and share commercial floor plans all in one place
Richmond, VA, April 07, 2021 (GLOBE NEWSWIRE) The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has invested in Virginia-based Floorwire, developer of a platform that provides commercial owners with control of their architectural data. By transforming inefficient and time-consuming workflows around storing and organizing data, Floorwire’s cloud-based solution addresses the needs of commercial landlords, architects and brokers. The startup will use this investment to enhance its technology and support its continued growth.