Tag: Center for Innovative Technology

CIT announces FY2015 solicitation for Commonwealth Research Commercialization Fund

The Center for Innovative Technology announced the Commonwealth Research Commercialization Fund Request for Proposals for FY2015.


CIT invests in Blue Triangle Technologies Inc.

The Center for Innovative Technology announced this week that its CIT GAP Funds closed an investment in Blue Triangle Technologies Inc., a Richmond-based company.


CIT releases updated Commonwealth Research and Technology Strategic Roadmap

The Center for Innovative Technology announced the release of the Commonwealth Research and Technology Strategic Roadmap for fiscal year 2015.


CIT announces release of broadband adoption guide

The Center for Innovative Technology announced this week the release of broadband awareness and adoption resources filled with strategies to assist local and regional governments.


CIT releases annual report on research commercialization in Virginia

The Center for Innovative Technology (CIT) announced this week the release of the Commonwealth Research Commercialization Fund (CRCF) annual report for FY2014, showing growth in new patents, products and innovative companies.


CIT GAP Funds invests in Biotherapeutics Inc.

The Center for Innovative Technology (CIT) announced that its CIT GAP Funds closed an investment in Biotherapeutics, Inc., a Blacksburg-based company advancing therapeutics to treat inflammation and diabetes.


CIT announces Virginia’s fall 2014 SBIR/STTR training schedule

The Center for Innovative Technology announced the Fall 2014 Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Training Schedule.


CIT GAP Funds invests in CargoSense

The Center for Innovative Technology (CIT) announced this week that its CIT GAP Funds closed an investment in CargoSense, a Reston-based startup offering a big data and analytics product to healthcare logistics providers.


CIT GAP Funds invests in PhosImmune

The Center for Innovative Technology (CIT) announced this week that it closed an investment in PhosImmune, a Charlottesville-based clinical-stage biotechnology company developing therapeutic cancer vaccines.


CIT awarded subcontract to support ocean research

The Center for Innovative Technology (CIT) announced a $50,000 subcontract with Rutgers University to provide site support for six high frequency (HF) radar systems along the Virginia-Maryland coast, as part of the Mid-Atlantic Regional Association Coastal Ocean Observing System (MARACOOS) project.


White paper: The cybersecurity market is ripe for angel investment

The MACH37™ Accelerator released a white paper today highlighting the rapidly expanding market for IT security innovation, the attractiveness of this segment for early stage investment, and the benefits offered by vertical market-focused venture accelerators to angel investors who want to participate in the sector.


CIT announces Commonwealth Research Commercialization Fund awards

The Center for Innovative Technology (CIT) announced today 38 Commonwealth Research Commercialization Fund (CRCF) awards totaling nearly $3 million for the purpose of funding targeted areas of research with commercial promise.


SUNRNR Spring into Preparedness Sweepstakes winners announced

Winners in a recent sweepstakes sponsored by SUNRNR “SunRunner” of Virginia, Incorporated, a Harrisonburg-based solar generator manufacturer were announced just in time to help with preparation for the 2014 Atlantic Hurricane Season.


bob mcdonnell

McDonnell announces launch of the Commonwealth Innovation and Entrepreneurship Measurement System

Gov. Bob McDonnell announced Tuesday the launch of the Commonwealth Innovation and Entrepreneurship Measurement System (IEMS), a web-based portal to track the performance of Virginia’s innovation economy.


Center invests in UVa.-based medical startup

The Center for Innovative Technology announced today a $50,000 investment in University of Virginia-based start-up Rivanna Medical, a company specializing in portable, low-cost, radiation-free X-ray replacement technology based on medical ultrasound. CIT President and CEO Pete Jobse said, “Rivanna Medical’s ultrasound technology platform is innovative, applicable, and relevant to what clinicians want and need – […]


CIT, Tech Councils to host information sessions for entrepreneurs with emerging technology companies.

The Center for Innovative Technology announced today that it has received $4 million for its GAP Funds as part of Gov. McDonnell’s and the General Assembly’s budget package, and $2 million from the Virginia Department of Mines, Minerals and Energy through the U.S. Department of Energy American Recovery and Reinvestment Act to identify and fund […]