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Economic Development Administration Awards Grant to Danville Community College for Nanotechnology Study in Southside Virginia
The Economic Development Administration (EDA), a unit of the United States Department of Commerce, awarded a $70,000 grant to Danville Community College (DCC) to conduct a nanomanufacturing cluster analysis in Southside Virginia. Press Release
Governor Warner Announces $2.1 Million Partnership to Develop Security-related Programs
Governor Mark R. Warner today announced that the U.S. Department of Defense has signed a $2.1 million partnership agreement with the Institute for Defense and Homeland Security (IDHS) to further develop three security-related programs, including an Environmental Bioterrorism Detection network to improve the detection capability of biological threats such as avian flu and hantavirus. Press Release
Virginia, Kent County (UK) Create International Innovation Network
Virginia and Kent County, England launched a new international innovation network Monday to facilitate market expansion and company growth for small and medium sized technology companies. Press Release (pdf)
CIT Announces Agenda for Innovative Partnerships 2005
The Center for Innovative Technology (CIT) today released the agenda for Innovative Partnerships 2005, a conference that brings small business leaders and key federal government program managers together to facilitate discussion on effectively working with the federal government. The conference will be held at the CIT headquarters on October 19-20, 2005. Press Release (pdf
CIT GAP Fund Leads Angel Round In Visure
The Center for Innovative Technology (CIT) today announced that its GAP Fund has closed a $330,000 angel investment round in Visure Corp., a Richmond, Va.-based company with a proprietary product placement metrics and market research platform. Visure was launched to capitalize on the rapidly expanding product placement market, by tracking audience response and consumer profiles. Additional investors in the round include Richmond’s AdvanTech Incubator, a major media industry executive and a number of local angel investors. Press Release (pdf)
CIT to Host Broadband Workshops in Southwest Virginia
The Center for Innovative Technology (CIT) announced today that it is leading a series of interactive hands-on workshops that will help local businesses and households in Southwest Virginia understand the details and economic benefits of installing broadband telecommunications technologies. Press Release (pdf)
Virginia Governor Mark R. Warner Appoints New Members to CIT Board Of Directors
Paula S. Gulak to succeed Charles W. Steger as chairwoman of the board
Press Release (pdf)
CIT to Host Innovative Partnerships 2005
Conference to Provide Pathways for Small Business Technology Infusion into the Federal Government (click here)
CIT Leads Investment In SquareLoop
Placement Is Seventh Investment By CIT’s Gap Fund (click here)
CIT Announces Eight Appontments Within Organization
Promoted employees will continue to foster new growth for technology community.
Press release (pdf)
Maryland, Virginia, Washington, D.C. Agree to Form Historic Partnership and Launch Regional Nanotechnology Initiative
In a collaborative effort to solidify the region’s leadership in nanotechnology research, development and commercialization, Maryland, Virginia and the District of Columbia have agreed to form a strategic alliance – the Chesapeake Nanotechnology Initiative.
Press release (pdf)
CIT Invests $100,000 in 4FrontSecurity
Placement Is Sixth Investment By CIT's Gap Fund
Press release (pdf)
CIT Invests $100,000 in Mpowerplayer
Placement drawn from CIT's Gap Fund
Press release (pdf)
GAP Fund Marks First Year
In its first year, CIT's GAP fund has made convertible-debt investments in four of Virginia's most promising high-technology startups.
GAP Portfolio
Press release (pdf)
2004 Annual Report
CIT exceeded its 2004 performance target, delivering a return of $230.2 million on the Commonwealth's investment of $7.15 million.
Report (pdf)
Press release (pdf)
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