News | Center for Innovative Technology

May 29, 2013 12:08 PM

CIT Announces Awards for the Commonwealth Research Commercialization Fund (CRCF) FY2013 Solicitation

The Center for Innovative Technology (CIT) announced today 43 awards totaling $3 million for the FY2013 Commonwealth Research Commercialization Fund (CRCF). The awards were made to 27 unique organizations from academia, the research community and industry across Virginia for the purpose of funding targeted areas of research with commercial promise aligned with the Commonwealth Research and Technology (R&T) Strategic Roadmap.

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May 02, 2013 05:35 PM

CIT Recognized by Virginia Bio for Outstanding Contributions to Bioscience within the Commonwealth

On Thursday, May 2, Virginia Bio, the premier statewide non-profit trade association representing the life sciences industry in the Commonwealth of Virginia, will recognize 20 exemplary contributions to bioscience research and commercialization as part of the organization’s 20th anniversary celebration.

CIT’s Tom Weithman Named Finalist for Financier of the Year in CFO Awards

Tom Weithman, Vice President and CIT GAP Funds Managing Director, Center for Innovative Technology (CIT) has been named a finalist for Financier of the Year for the 2013 Greater Washington Technology CFO Awards, produced by the Northern Virginia Technology Council.

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Apr 17, 2013 04:13 PM

Lewis and Clark Pharmaceuticals Receives Additional Investment from CIT

The Center for Innovative Technology (CIT) finalized a second $100,000 investment in Charlottesville, VA- based Lewis and Clark Pharmaceuticals, Inc. (Lewis and Clark) on April 3, 2013. This second tranche follows an initial $100,000 CIT GAP fund investment in Lewis and Clark in November of 2012 and was contingent upon the achievement of several scientific and financial milestones outlined by CIT.