{"id":5555,"date":"2022-09-01T13:58:53","date_gmt":"2022-09-01T13:58:53","guid":{"rendered":"https:\/\/vergeva.org\/?p=5555"},"modified":"2022-09-01T14:22:04","modified_gmt":"2022-09-01T14:22:04","slug":"vipc-ccf-announces-va-startup-funding","status":"publish","type":"post","link":"https:\/\/vergeva.org\/vipc-ccf-announces-va-startup-funding\/","title":{"rendered":"VIPC’s CCF Announces $1.75M In Funding to Support Virginia Startups"},"content":{"rendered":"
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24 Innovative Virginia companies celebrate a critical next step in their success.<\/i><\/p>\n
RICHMOND, VIRGINIA, UNITED STATES, August 26, 2022 \/EINPresswire.com<\/a>\/ — The\u00a0Virginia\u00a0Innovation Partnership Corporation (VIPC) announced new grant funding totaling approximately $1.75 million to 24 Virginia small businesses through its\u00a0Commonwealth Commercialization Fund (CCF)<\/a>. CCF is a competitive program that seeks to fund high-potential, Virginia-based, for-profit technology companies at the pre-seed stage of commercialization and provides grants up to $75,000. Each award is matched by the company at a one-to-one minimum.<\/p>\n Since the relaunch of the CCF program in January 2022, through VIPC\u2019s fiscal year end on June 30, more than $2.7 million has been awarded to 39 companies across the state.<\/p>\n \u201cWe are committed to connecting innovators with opportunities. VIPC\u2019s CCF supports exciting and promising research and commercialization throughout Virginia\u2019s small business community by providing funding at critical points in the company and technology lifecycles,\u201d said Robert Stolle, VIPC President, and CEO. \u201cThis latest group of award recipients continues CCF\u2019s successful trend of empowering and accelerating innovation that helps position the Commonwealth as a national leader in science and technology-based R&D funding, investment, and commercialization.\u201d<\/p>\n <\/p>\n Continue to read the full article here.<\/a><\/p>\n <\/p>\n Congrats to all RAMP Alumni for their VIPC CCF awards:<\/strong><\/p>\n ArchiveCore INC<\/a> * | Dr. Lennox McNeary Autonomous Flight Technologies Inc<\/a> | Mr. Josh May
\nArchiveCore Industry Pilot, $75,000, Life and Health Sciences, Roanoke<\/p>\n
\nUAS Sensor Fusion Array Suite, $75,000, Aerospace, Salem<\/p>\n