Virginia Innovation Partnership Corporation

Overview

The Virginia Innovation Partnership Corporation (VIPC) is a nonprofit organization dedicated to fostering innovation and economic development in Virginia. As the operating arm of the Virginia Innovation Partnership Authority (VIPA), VIPC leads funding, infrastructure, and policy initiatives to support the Commonwealth's innovators, entrepreneurs, startups, and market development strategies. VIPC collaborates with local, regional, state, and federal partners to expand and diversify Virginia's economy. VIPC offers a range of programs to support early-stage companies, including Virginia Venture Partners (VVP), which provides seed-stage investments, and the Commonwealth Commercialization Fund (CCF), which offers grants to accelerate technology commercialization. Other initiatives include Smart Communities, Unmanned Systems, Cybersecurity, and support for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. These programs aim to equip entrepreneurs, researchers, and ecosystem partners with critical funding, expertise, and connections to drive innovation across the Commonwealth. Through its comprehensive suite of programs and initiatives, VIPC plays a pivotal role in building the infrastructure that allows innovation to thrive in Virginia. By bridging gaps in the early stages of the innovation continuum, VIPC helps entrepreneurs launch and grow high-growth technology companies, create high-paying jobs, and accelerate economic growth throughout the state. The organization's efforts contribute to making Virginia a unique place to start, grow, and attract technology-based startups and companies.

Investment Focus

• High-growth potential
• Technology-driven
• Virginia-based

Portfolio Companies