Virginia Innovation Partnership Corporation

Established in 1985, this organization supports early-stage commercialization and financing for innovative technologies, entrepreneurs, and companies within Virginia. It focuses on seed funding and assisting innovators to launch new businesses, create high-paying jobs, and stimulate economic growth across the state.

Joseph N. Benevento

CEO and President

Sean Mallon

VP of Commercialization

Bob Stolle

President and CEO

Past deals in Education

Virginia Tech

Grant in 2025
Virginia Polytechnic Institute and State University, known as Virginia Tech, is a public research university located in Blacksburg, Virginia, with additional educational facilities across six regions in the state and a study-abroad site in Switzerland. Established in 1857, Virginia Tech offers 280 undergraduate and graduate degree programs to approximately 34,400 students. The university is recognized for its research capabilities, managing a research portfolio valued at $522 million, which positions it as the 46th university in the United States for research expenditures and the only institution in Virginia among the top 50. Additionally, Virginia Tech is designated as one of the six senior military colleges in the U.S. through its Corps of Cadets ROTC program, making it the state's second-largest public university by enrollment.

Virginia Commonwealth University

Grant in 2025
Virginia Commonwealth University is a major research university in Richmond offering comprehensive programs in the liberal arts, sciences and professional fields across more than ten schools. It awards undergraduate, graduate and professional degrees in fields such as African American Studies, Art Education, Bioinformatics, Business, Film and Photography, Nursing and Religious Studies, among others, and includes graduate programs in Clinical Psychology, Engineering, Physical Therapy, Social Work and Theatre. The university hosts the School of Medicine, reflecting a tradition of excellence in teaching, research and health care, and it maintains an active campus life with hundreds of student organizations and a prominent film festival. The institution is widely recognized for its research activity and academic breadth across arts, sciences and professional disciplines.

Virginia Commonwealth University

Grant in 2024
Virginia Commonwealth University is a major research university in Richmond offering comprehensive programs in the liberal arts, sciences and professional fields across more than ten schools. It awards undergraduate, graduate and professional degrees in fields such as African American Studies, Art Education, Bioinformatics, Business, Film and Photography, Nursing and Religious Studies, among others, and includes graduate programs in Clinical Psychology, Engineering, Physical Therapy, Social Work and Theatre. The university hosts the School of Medicine, reflecting a tradition of excellence in teaching, research and health care, and it maintains an active campus life with hundreds of student organizations and a prominent film festival. The institution is widely recognized for its research activity and academic breadth across arts, sciences and professional disciplines.

Liberty University

Grant in 2023
Founded in 1971, Liberty University is a leading Christian institution offering over 600 unique programs, with approximately 350 available online. Located on a 7,000-acre campus near Lynchburg, Virginia, it provides education grounded in a biblical worldview.

DataClassroom

Grant in 2023
DataClassroom is an educational platform aimed at students in grades 6 through 12, founded in 2017 and based in Charlottesville, Virginia. The company focuses on equipping middle and high school students worldwide with essential data skills through its innovative platform. By engaging users with data, DataClassroom fosters foundational skills in data analysis and interpretation, allowing students to effectively perform data visualization and understand integrated statistics.

University of Virginia

Grant in 2023
University of Virginia is an educational institution that offers undergraduate, graduate, postgraduate, and professional degree programs in the fields of architecture, arts, sciences, law, medicine, and nursing. The schools of the university include School of Architecture, College of Arts and Sciences, Graduate School of Arts and Sciences, School of Law, School of Medicine, McIntire School of Commerce, Darden Graduate School of Business Administration, and School of Nursing. The university offers 51 bachelor's degrees in 47 fields, 84 master's degrees in 67 fields, 6 educational specialist degrees, two first-professional degrees (law and medicine), and 57 doctoral degrees in 55 fields. Affiliated with 7 Nobel laureates, it has produced 5 NASA astronauts, 7 Marshall scholars, 4 Churchill scholars, 29 Truman scholars, and 50 Rhodes scholars. Thomas Jefferson founded the University of Virginia in 1819. He wished the publicly-supported school to have a national character and stature. It is the first non-sectarian university in the United States and the first to use the elective course system. Jefferson considered the founding of the university to be one of his greatest achievements. Undertaking the project toward the end of his life after a long and illustrious career that included serving as a colonial revolutionary, political leader, writer, architect, inventor, and horticulturalist, he was closely involved in the university's design. He planned the curriculum, recruited the first faculty, and designed the Academical Village, a terraced green space surrounded by residential and academic buildings, gardens, and the majestic center-point, the Rotunda. The most recognizable symbol of the university, the Rotunda stands at the north end of the Lawn and is half the height and width of the Pantheon in Rome which was the primary inspiration for the building. The Lawn and the Rotunda have served as models for similar designs of centralized green areas at universities across the United States. The university was opened for classes in 1825 with a faculty of eight and a student body numbering sixty-eight. Jefferson took great pains to recruit the most highly qualified faculty, five of whom were found in England and three in the United States. Instructions were offered in ancient languages, modern languages, mathematics, moral philosophy, natural philosophy, chemistry, law, and medicine. Jefferson opposed the granting of degrees on the grounds that they were ‘artificial embellishments’. In 1824, however, the Board of Visitors authorized granting the Master of Arts degree. The Doctor of Medicine or M.D. was awarded to the first graduates of the School of Medicine in 1828 and the Bachelor of Law degree or LL.B. was first awarded for law school graduates in 1842. The bachelor's degree was awarded beginning in 1849, but became the standard undergraduate degree and a prerequisite for the master's degree in 1899 bringing the university into conformity with other institutions of higher learning. The PhD has been awarded since 1883.

George Mason University

Grant in 2023
George Mason University is a large public research university in Virginia known for its diverse programs and emphasis on global issues, quality of life, and sustainability. It offers undergraduate and graduate degrees across fields such as Astronomy, Business Administration, Electrical Engineering, Professional Writing, and Public Health, and hosts a highly regarded law school. The university provides on-campus housing and a wide range of cultural, artistic, travel, and recreational opportunities for students.

Virginia Commonwealth University

Grant in 2023
Virginia Commonwealth University is a major research university in Richmond offering comprehensive programs in the liberal arts, sciences and professional fields across more than ten schools. It awards undergraduate, graduate and professional degrees in fields such as African American Studies, Art Education, Bioinformatics, Business, Film and Photography, Nursing and Religious Studies, among others, and includes graduate programs in Clinical Psychology, Engineering, Physical Therapy, Social Work and Theatre. The university hosts the School of Medicine, reflecting a tradition of excellence in teaching, research and health care, and it maintains an active campus life with hundreds of student organizations and a prominent film festival. The institution is widely recognized for its research activity and academic breadth across arts, sciences and professional disciplines.

George Mason University

Grant in 2023
George Mason University is a large public research university in Virginia known for its diverse programs and emphasis on global issues, quality of life, and sustainability. It offers undergraduate and graduate degrees across fields such as Astronomy, Business Administration, Electrical Engineering, Professional Writing, and Public Health, and hosts a highly regarded law school. The university provides on-campus housing and a wide range of cultural, artistic, travel, and recreational opportunities for students.

Virginia Tech

Grant in 2023
Virginia Polytechnic Institute and State University, known as Virginia Tech, is a public research university located in Blacksburg, Virginia, with additional educational facilities across six regions in the state and a study-abroad site in Switzerland. Established in 1857, Virginia Tech offers 280 undergraduate and graduate degree programs to approximately 34,400 students. The university is recognized for its research capabilities, managing a research portfolio valued at $522 million, which positions it as the 46th university in the United States for research expenditures and the only institution in Virginia among the top 50. Additionally, Virginia Tech is designated as one of the six senior military colleges in the U.S. through its Corps of Cadets ROTC program, making it the state's second-largest public university by enrollment.

Virginia Commonwealth University

Grant in 2023
Virginia Commonwealth University is a major research university in Richmond offering comprehensive programs in the liberal arts, sciences and professional fields across more than ten schools. It awards undergraduate, graduate and professional degrees in fields such as African American Studies, Art Education, Bioinformatics, Business, Film and Photography, Nursing and Religious Studies, among others, and includes graduate programs in Clinical Psychology, Engineering, Physical Therapy, Social Work and Theatre. The university hosts the School of Medicine, reflecting a tradition of excellence in teaching, research and health care, and it maintains an active campus life with hundreds of student organizations and a prominent film festival. The institution is widely recognized for its research activity and academic breadth across arts, sciences and professional disciplines.

Publication Academy

Grant in 2023
Publication Academy is an online learning platform for professionals looking to hone their thought leadership abilities. It offers best-in-class instruction on how to publish peer-reviewed articles in influential journals, write winning grant proposals, and effectively disseminate research findings via social media, partnerships with journalists, and both policy and evidence briefs.

Virginia Commonwealth University

Grant in 2022
Virginia Commonwealth University is a major research university in Richmond offering comprehensive programs in the liberal arts, sciences and professional fields across more than ten schools. It awards undergraduate, graduate and professional degrees in fields such as African American Studies, Art Education, Bioinformatics, Business, Film and Photography, Nursing and Religious Studies, among others, and includes graduate programs in Clinical Psychology, Engineering, Physical Therapy, Social Work and Theatre. The university hosts the School of Medicine, reflecting a tradition of excellence in teaching, research and health care, and it maintains an active campus life with hundreds of student organizations and a prominent film festival. The institution is widely recognized for its research activity and academic breadth across arts, sciences and professional disciplines.

Virginia Tech

Grant in 2022
Virginia Polytechnic Institute and State University, known as Virginia Tech, is a public research university located in Blacksburg, Virginia, with additional educational facilities across six regions in the state and a study-abroad site in Switzerland. Established in 1857, Virginia Tech offers 280 undergraduate and graduate degree programs to approximately 34,400 students. The university is recognized for its research capabilities, managing a research portfolio valued at $522 million, which positions it as the 46th university in the United States for research expenditures and the only institution in Virginia among the top 50. Additionally, Virginia Tech is designated as one of the six senior military colleges in the U.S. through its Corps of Cadets ROTC program, making it the state's second-largest public university by enrollment.

Team Excel

Grant in 2022
Team Excel empowers schools and nonprofits to engage students in team activities by offering an innovative, fun, and results-driven approach. Their platform fosters a sense of belonging, personal growth, and collective achievement through customizable team-building exercises, goal-setting, progress tracking, and data automation features.

CybrBase

Grant in 2022
CybrBase provides ICAP Training and Customer Discovery.
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