News

Scoop News Group Launches Securiosity Podcast

Scoop News Group launched Securiosity, a brand-new podcast about cybersecurity, featuring co-hosts Greg Otto, editor-in-chief of CyberScoop, and Jennifer...

CIT and FCEDA to Co-Host NOVA Entrepreneurs Funding Forum

CIT and FCEDA to host informational session featuring speakers, panels and conversations which highlight new funding opportunities for entrepreneurs, startups...

CIT Advances Regional and National Network to Source, Qualify and Close Deals

In an ongoing effort to drive innovation and entrepreneurship, the Center for Innovative Technology’s (CIT) GAP Funds has invested in over 200 high-potential,...

CIT GAP Funds

Who We Are:

CIT GAP Funds is a family of seed- and early-stage investment funds placing near-equity and equity investments in Virginia-based technology, life science, and cleantech companies.  CIT GAP Funds invests in companies with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors and the Commonwealth of Virginia.  CIT’s family of funds includes:

  • GAP Fund I – A vintage 2004 fund fully invested in a broad array of seed-stage technology companies. Portfolio.
  • GAP BioLife Fund – A seed fund investing exclusively in life science companies. 
  • GAP Tech Fund – A seed fund investing in IT and technology companies.
  • Commonwealth Energy Fund (CEF), a seed fund investing in energy efficiency and renewable energy companies. 
  • Virginia Founders Fund, a seed fund designed to increase investment opportunities for Virginia-based entrepreneurs traditionally underrepresented in venture capital.