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VIPC's CCF Announces $1.75 Million in Funding to Support Technology Testing and Market Validation for Virginia Startups

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Twenty-four innovative Virginia companies celebrate important next steps to success.

VIPC’s successful trend of empowering and accelerating small business innovation has helped Virginia become a national leader in science and technology research and development funding, investment, and commercialization. ”

— Robert Stolle, VIPC President and CEO

RICHMOND, Va., United States, Aug. 26, 2022 /EINPresswire.com/ — The Virginia Innovation Partnership Corporation (VIPC) has announced that through the Commonwealth Commercialization Fund (CCF), 24 small businesses in Virginia will receive approximately $1.75 million in funding. announced that it will offer a new grant of dollars.

CCF is a competitive program designed to fund promising Virginia-based for-profit technology companies in the pre-seed stage of commercialization, offering grants of up to $75,000. increase. Each award is matched by company on a minimum 1:1 basis.

Since the relaunch of the CCF program in January 2022, more than $2.7 million has been awarded to 39 companies statewide by VIPC’s fiscal year-end on June 30.

“We are committed to connecting innovators with opportunity. We will support promising research and commercialization in the future,” said Robert Stolle, VIPC President and CEO. “This latest group of awardees continues CCF’s successful trend of empowering and accelerating innovation and helps position the Commonwealth as a national leader in science and technology-based R&D funding, investment and commercialization. increase.”

This announcement celebrates the following 24 CCF Private Sector Project Winners confirmed by June 30, 2022, the end of VIPC’s fiscal year.

3GirlsTech, Inc. dba Green List | Jessica Owens
Greenlist Customer Portal and Feature Development, $74,600, IT, Falls Church

ArchiveCore INC* | | Dr. Lennox McNearly
ArchiveCore Industry Pilot, $75,000, Life and Health Sciences, Roanoke

Autonomous Flight Technology Inc. | Josh May
UAS Sensor Fusion Array Suite, $75,000, Aerospace, Salem

Care Keepers, Inc dba Sr. Run * | | Janey Sasso
Mobility and care solutions help seniors and caregivers successfully navigate new era of transportation needs, $75,000, Transportation, Newport News

Koda Pharma K.K. | Dr. Victor Iannero
Commercialization of non-opioid topical analgesics, $75,000, Life and Health Sciences, Roanoke

Concio VR LLC † | Mr. Dale DeJanet
Developing Virtual Reality Interactive Elements to Enhance The Retreat’s Effectiveness, VR Companion for Substance Use Disorder Treatment, $75,000, Life and Health Sciences, Chester

CorIT Medical, LLC | Christian Haller
Medical Device to Treat Respiratory Obstruction, $75,000, Life and Health Sciences, Arlington

Corvus Labs, LLC | Stephen Mobley
Operation Nimbus, $75,000, Cyber ​​Security and Cyber ​​Physical Systems, Blacksburg

SiteRecovery Inc.* | Dr. Alexandra Heiler
Cyto R1 Platform for Cell Enrichment, Sorting, and Recovery, $75,000, Life and Health Sciences, Blacksburg

Diary Sensors Inc. | Dr. John Robertson
Lametrics® PortaScanner V1.0 ™: Managing Point of Care (POC) and Reducing Diversion of Potential Controlled Substances (CS) in Hospital Environments, $75,000, Life and Health Sciences, Blacksburg

Ecountable Inc. | Mr. Andy Burr
Democratizing investor ESG data for consumers, $75,000, IT, Alexandria

FisherH2O, LLC† | Jane Pratt
Transformative Technologies for Purified Water, $75,000, Environment, Richmond

Frontline Gigs Inc | Dr. Kara Fleming
Frontline Gig – SaaS Enabled Staffing Platform for Green Jobs, $75,000, Environment, Norfolk

Guardian Score, LLC | Mr. Brendan Hook
Guardian Score Platform Improvements, $30,000, IT, Ashburn

Ivysis Technologies, LLC | Dr. James Deberderaben
DataFaucet Synthetic Data Generator for Adversarial Activity Detection, $74,505, IT, Arlington

Jederzeit Bellite LLC | Ted Schroeder
Orion Littoral Maneuver Vehicles, $74,990, Transportation, Springfield

KeViRx Inc. | Dr. John Lazo
SARS-COV-2-Medicated Acute Lung Injury by KVX-053, $75,000, Life and Health Sciences, Charlottesville

LevelFields Inc. * | Mr. Andrew Einhorn
AI-Driven Autonomous Database with Event Classification, $74,998, IT, Vienna

Mayfair Group LLC dba ClaimEdge *† | James Chapman
Panel Attorney Management App, $75,000, IT, Norfolk

Mr. Salvatore Fondaco, Metystream Co., Ltd.
NSQIP Solution, $75,000, IT, Vienna

Next Core Inc. | Mr. Suresh Rangacher
Digitizing Telecom Tower Operations to Provide Accurate Insights for the Larger Process
Efficiency and Faster Decisions, $71,734, IT, McLean

Project Mongoose, LLC | Jennifer Finn
Project Mongoose Pilots, $75,000, IT, Richmond

Sune LLC dba Blumler | Will Hunt
BloomRail Inventory Forecaster System Integration Project, $75,000, IT, Richmond

Enabled Manufacturing LLC dba Enabled Engineering† | Dr. Kumar Kandasamy
Developing General Purpose Solid-State Manufacturing Technologies for Advanced Materials, $75,000, Advanced Manufacturing, Blacksburg

* Indicates additional funding received through VIPC’s Virginia Venture Partners (VVP) and † indicates additional funding received through VIPC’s Federal Financial Assistance Program (FFAP).

CCF is open to applications and provides regular funding to Virginia’s small business and academic communities. Focus industries include advanced manufacturing, aerospace, agriculture, autonomous systems, communications, cybersecurity and cyber-physical systems, energy, environment, IT (including data science and analytics), life and health sciences, modeling and simulation. , and nuclear physics. transportation. For more information on current funding opportunities and to apply, please visit https://www.virginiaipc.org/ccf-funding-opportunities.

About the Commonwealth Commercialization Fund (CCF)
The Commonwealth Commercialization Fund (CCF) was launched on July 1, 2020 to foster innovative and collaborative efforts in Virginia. The CCF combines two state legacy funding programs: the Federal Research and Commercialization Fund (CRCF) and the Virginia Research and Innovation Fund (VRIF). CCF seeks technologies with high economic growth and job creation potential that will continue to maintain the Commonwealth as a national leader in science and technology-based research, development and commercialization. As CCF administrator, VIPC supports her CRCF and VRIF winners.

About Virginia Innovation Partnership Corporation (VIPC)
Connecting innovators with opportunities. VIPC, the nonprofit operating arm of the Virginia Innovation Partnership Authority (VIPA), leads funding, infrastructure, and policy initiatives to support Virginia’s innovators, entrepreneurs, start-ups, and market development strategies. It is the driving force behind commercialization and seed-stage economic development in the Commonwealth. VIPC works with local, regional, state, and federal partners to support the expansion and diversification of Virginia’s economy.

Programs include: Virginia Venture Partners (VVP) | Virginia Founders Fund (VFF) | Commonwealth Commercialization Fund (CCF) | Smart Communities | Federal Funding Assistance Program (FFAP) for STTR | University Partnerships | Startup Mentoring and Engagement. For more information, please visit www.VirginiaIPC.org. Follow VIPC on Twitter, LinkedIn, and Facebook.

Angela Costello, Vice President of Communications
Virginia Innovation Partnership Corporation (VIPC)
angela.costello@VirginiaIPC.org
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