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startup ecosystem

Gov. Glenn Youngkin, with Virginia Innovation Partnership Corp. CEO Joe Benevento seated right, announced the Virginia Invests partnership at the CarMax Midtown Innovation Center in Richmond. Photo by Katherine Schulte/Virginia Business
May 20, 2024

VIPC launches $100M fund partnership for Va. startups

The Virginia Innovation Partnership Corp. is partnering with seven venture capital fund managers to invest $100 million in 100 Virginia-based startups. Through the partnership, announced Monday by Gov. Glenn Youngkin and named Virginia Invests, VIPC will commit $40 million to the seven funds using previously awarded funding from the U.S. Treasury Department’s State Small Business […]

Sep 28, 2023

Innovation center could be boost for life sciences

Kipton Currier envisions Virginia joining other mid-Atlantic states to form a super region for the life sciences industry. Before that happens, the state must secure some key ingredients missing from the ecosystem, namely sufficient lab space for biotech startups. Activation Capital, the brand name of the Virginia Biotechnology Research Partnership Authority — which promotes the […]

Apr 7, 2023

Lighthouse Labs exec jumps to 757 Angels, 757 Collab

Paul Nolde, executive managing director of Lighthouse Labs in Richmond, will be the new managing director of Norfolk-based 757 Angels and 757 Collab. He replaces Monique Adams, the current executive director of 757 Angels and managing director of 757 Collab, who will leave the organizations this summer. Nolde starts his new role May 30. In […]

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