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CIT GAP Funds 2020 Impact Report Showcases $32.4 Million in Capital Deployed to Date


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 ....

United States , Commonwealth Of Virginia , Sara Pomakoy Poole , Dan Warren , Tom Weithman , Small Business Innovation Research , Launchtech Communications , Funds Commonwealth Research Commercialization Fund , Carilion Health Systems , Cleantech Energy , Small Business Technology Transfer , Innovative Technology , Virginia Research Investment Fund , Commonwealth Commercialization Fund , Tech Fund , University Partnerships Startup Company Mentoring Engagement , Growth Acceleration Program , Enterprise Associates , Acceleration Program , Impact Report , Most Active Investor , Critical Infrastructure , Smart Cities , Sustainable Communities , Unmanned Systems , Demo Day ,

CIT Announces Inaugural Solicitation for the New Commonwealth Commercialization Fund


CIT Announces Inaugural Solicitation for the New Commonwealth Commercialization Fund
Up to $7 million in non-dilutive funding available for Virginia companies
Richmond, VA, Jan. 07, 2021 (GLOBE NEWSWIRE) The Center for Innovative Technology (CIT) announced today its Request for Proposals (RFP) for the first solicitation under the newly formed Commonwealth Commercialization Fund (CCF).
The CCF was launched on July 1, 2020 to foster innovative and collaborative commercialization efforts in Virginia, consolidating two legacy programs: the Commonwealth Research Commercialization Fund (CRCF) and the Virginia Research Investment Fund (VRIF). In FY2021, CIT is conducting a single CCF solicitation for young Virginia companies that have strong potential to drive economic growth in Virginia, including through revenue and job creation. Up to $7 million is available to award; a one-to-one match is required. ....

United States , Sara Pomakoy Poole , Bob Stolle , Commonwealth Commercialization Fund , Small Business Innovation Research , University Partnerships Startup Company Mentoring Engagement , Funds Commonwealth Research Commercialization Fund , Virginia Innovation Partnership Authority , Small Business Technology Transfer , Innovative Technology , Virginia Research Investment Fund , Commonwealth Research Commercialization Fund , Governor Northam , Virginia Founders Fund , Smart Communities , Unmanned Systems , University Partnerships , Startup Company Mentoring , ஒன்றுபட்டது மாநிலங்களில் , பாப் ஸ்டொல்லே , காமன்வெல்த் வணிகமயமாக்கல் நிதி , சிறிய வணிக கண்டுபிடிப்பு ஆராய்ச்சி , பல்கலைக்கழகம் கூட்டாண்மை தொடக்க நிறுவனம் வழிகாட்டுதல் நிச்சயதார்த்தம் , நிதி காமன்வெல்த் ஆராய்ச்சி வணிகமயமாக்கல் நிதி , வர்ஜீனியா கண்டுபிடிப்பு கூட்டு அதிகாரம் , சிறிய வணிக தொழில்நுட்பம் பரிமாற்றம் ,