Research development key to advancing Virginia Tech’s research and innovation ecosystem
In addition to enhancing research and innovation culture, ecosystem, and growth, the Research and Innovation office continues to restructure, realign, and reinforce capabilities to assist faculty in winning more competitive, major research grants to boost the impact of their portfolios. Virginia Tech faculty members displayed their research goals in 2021 by submitting a record number […]
Commercialization Fund awards support to six VCU innovators
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, […]
VTech Biomedical innovations take center stage during ‘Shark Tank’-style pitch competition
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 […]
Virginia Innovation Partnership Corporation (VIPC) has announced a new name for CIT GAP Funds
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 […]
Seed investments set young ideas on the path to becoming fully fledged — and funded — project
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 […]
CIT GAP Funds Invests in BloomCatch to Advance the Next
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 […]
VTech Proof-of-Concept Program announces second year of funding to bring research to market
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 […]
Boeing partners with Virginia Tech Innovation Campus, commits $50 million
$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 […]
CIT GAP Funds Makes Follow-On Investment in RoundlyX to Help Users Better Manage Digital Asset Portfolios
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 […]
$10M gift will help fuel discoveries at Virginia Tech Innovation Campus
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 […]