The availability of early-stage capital is crucial for many emerging technology companies to be able to develop new, innovative products. Earlier this month, Chesapeake Crescent Initiative (CCI) conducted a webinar featuring a discussion on early stage financing opportunities in the Chesapeake region’s technology-based economic development organizations.
Virginia’s Center for Innovative Technology (CIT) is state-chartered, non-profit organization that works to make a connection between emerging technology companies and private and federal funding sources. Although Virginia has a lot of local economic development offices, Virginia has centralized much of its investment dollars through CIT. Sean Mallon, a representative from CIT, spoke on behalf of the types of financing opportunities available for Virginia-based companies.
To read the full, original article click on this link: Financing Opportunities Through Technology Based Economic Development Organizations | Outreach & Economic Development | Virginia Tech
