• CBIC Featured in Latest C-BIZ Edition

    What’s the climate for entrepreneurs in Charlottesville, and how could it improve? Check out the latest article in C-BIZ to see what CBIC's Executive Director, Tracey Greene, and other local luminaries in Charlottesville's startup world think. The article combines entrepreneurial success stories with enough facts and figures to excite even the most skeptical capitalist. What's even better, keep reading deep into the article and you'll strike gold -- a solid list of the area's top startup resources curated from our own Tech Resources page.  

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  • 2019 CBIC Awards Gala Accepting Nominations Through Jan 31

    Charlottesville, VA, December 1, 2018– The Charlottesville Business Innovation Council (CBIC) is pleased to announce that nominations are now being accepted for the 2019 CBIC Awards, CBIC’s signature event honoring Central Virginia's most innovative organizations, startups and individuals and highlighting technology, innovation, and entrepreneurial excellence. 

    Nominations for the 21st Annual CBIC Awards may now be submitted by sending an email to This email address is being protected from spambots. You need JavaScript enabled to view it. with the nominee's name, contact information (email and phone number), and the award category/ies. Nominees will be contacted for further details later.

    "Charlottesville has all the ingredients to be a national leader in business innovation, venture capital investment, and high-wage job creation," said Tracey Greene, CBIC Executive Director and co-chair of the 2019 CBIC Awards Gala. "CBIC members, sponsors and partners work year-round to nurture an atmosphere of innovation celebrated by the CBIC Awards and now a brand for our region and to ensure Charlottesville remains a leader in tech, innovation and startups."

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  • Insights Gained From CBIC’s Tech Night Takeover Re: The For-Profit “Social Impact” Company

    On Wednesday October 17, 2018, the Charlottesville Business Innovation Council (“CBIC”), along with co-host Presidential Precinct, held the Tech Night Takeover (“TNT”) series event titled: “Social Good Means Good Business”.

    For those unfamiliar, CBIC holds periodic TNT events throughout the year covering emerging and pressing issues affecting its member base, including various issues concerning investment, founders, IT, software, biotechnology, life sciences and more.  New CBIC board member, PJ Harris, moderated the subject TNT, styled as a fireside chat with subject matter experts in the for-profit “social impact” space.  The experts consisted of (i) Aneesh Dhawan, Founder and CEO at PurPics, (ii) Beth Johnson, Program Director at Blue Morning, (iii) Peter McFarren, President & CEO at Global eHealth Solutions LLC and (iv) Brynne Potter, CEO & Co-Founder at Maternity Neighborhood

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  • Integrating a Social Mission with Your Business Model

    Addressing our most pressing issues is often associated with the work of nonprofits. Yet the philanthropic sector is so small, even the most effective programs in the world wouldn’t solve our global challenges across sectors such as food, water, health, and education. More and more, we’re seeing how business can serve as a tool for achieving social and environmental objectives. A common myth in the business world is that integrating a social or environmental mission is a burden on the bottom line. On the contrary, aligning mission and model presents significant market opportunities for both new businesses and established enterprises alike.

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  • Moonlighting Update: New Opportunities For Both Investors and Founders

    On August 23, 2018, Moonlighting LLC became the first Charlottesville based company (to my knowledge) to offer investments via Title III crowdfunding, on the crowdfunding portal Republic.  

    Intrigued by the offering, I met with CEO Jeff Tennery & COO Roy Slater for lunch.  Both Jeff & Roy updated me as to the status of prior and current financing offerings.  In case you were not aware, much has changed with Moonlighting since the Daily Progress’ June 17, 2018 article related to the company’s initial coin offering announcement of “Moonbit”.  

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  • A Startup Kind of Town

    From the Daily Progress Business Hall of Fame, Tracey Greene is featured in an article describing the past, present, and future of startups in Charlottesville.

    Among the many great parts of this article: "In 2017, securities filings showed area companies pulled in more than $39 million in venture funding in the first half of the year, according to Daily Progress news partner Charlottesville Tomorrow. And in the first quarter of this year, Virginia had the 12th-most venture capital activity in the nation, according to NVCA."

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  • Congratulations to the 2018 CBIC Award Winners

    CBIC would like to extend a very special thank you to everyone who attended the 20th Annual CBIC Awards. We want to thank Matthew Shields, for his inspirational keynote, and Jake Zarnegar for his entertaining facilitation. And not to be outdone, a very special 
    CONGRATULATIONS
    TO THE 2018 CBIC AWARD WINNERS

    CBIC Business of the Year:
    MIKRO SYSTEMS

    CBIC Educator of the Year:
    CHRIS STANEK

    CBIC Entrepreneur of the Year:
    CHARLIE ROGERS

    CBIC Innovator of the Year:
    OESH SHOES

    CBIC Startup of the Year:
    METIS MACHINE

    CBIC Student Entrepreneur of the Year: 
    ASHWINRAJ KARTHIKEYAN

    CBIC Top Job Creator:
    APEX CLEAN ENERGY

    CBIC Volunteer of the Year:
    HEIDI TOMBS

    CBIC Tech Tour Student Scholarships:
    SOPHIE CONDRON
    CHLOE HELLERMAN


    CBIC Social Good of the Year:
    TECH DYNAMISM


    Learn more about The CBIC Awards Gala

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  • 1 CBIC Featured in Latest C-BIZ Edition
  • 2 2019 CBIC Awards Gala Accepting Nominations Through Jan 31
  • 3 Insights Gained From CBIC’s Tech Night Takeover Re: The For-Profit “Social Impact” Company
  • 4 Integrating a Social Mission with Your Business Model
  • 5 Moonlighting Update: New Opportunities For Both Investors and Founders
  • 6 A Startup Kind of Town
  • 7 Congratulations to the 2018 CBIC Award Winners
  • Holiday Banner

    Annual CBIC and VABIO Holiday Party
    Tuesday, Dec. 11, 2018; 5 - 8pm
    Cville Machine

     

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    The Charlottesville area is recognized for its exceptional high-tech community and entrepreneurial spirit. CBIC is proud to spotlight leadership in these areas annually through the highly anticipated CBIC Awards.
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    CBIC's annual Tech Tour is all about igniting local students' interest in technology-related careers and showing the variety of opportunities available in our community to pursue their passions.
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CHARLOTTESVILLE, Virginia – AgroSpheres announces the successful close of an oversubscribed seed round of $750,000 from local and international angel investors. AgroSpheres is a biotechnology company developing novel nanotechnologies aiming to set a new standard for bio-based delivery of active ingredients. The funding will be used to broaden utility of the platform, build a strong intellectual property portfolio, and outfit the company’s facilities.
 
AgroSpheres has made significant breakthroughs in the effective and precise delivery of high-value biomolecules and chemicals to a wide range of intended targets. Using next-generation bioengineering and industrial fermentation allow AgroSpheres to out scale competitors at a lower cost.
 
The platform’s focal point is a nanoscale bioparticle created from environmentally friendly microbes that can be functionalized by immobilizing and/or encapsulating active ingredients. Although the applicability of the platform is extremely versatile, the company is focused on developing their technology to innovate the fields of agriculture and industrial enzymes.
 
 “We are excited to be developing our technology for precision agriculture applications - we want to help farmers maximize their yields while minimizing their exposure to dangerous chemicals and the off-target exposure of agrochemicals to the environment,” said Payam Pourtaheri, Co-Founder.
 
Ameer Shakeel, Co-Founder, said, “It is opportune timing for us to be making a cost-effective delivery vehicle for enzymes. We see growing value in using industrial enzymes as environmentally friendly, efficient alternatives to synthetic chemicals in various manufacturing industries.”
 
Prior to this round of funding, the company was funded by $174,000 from grants and awards from competitions, most notably Thought for Food, The Collegiate Inventor’s Competition, VentureWell, and the Virginia Wine Board.  The company continues to receive strong support from the Charlottesville community and the University of Virginia, including the iLab incubator program.
 
“The founders of AgroSpheres have created a groundbreaking nano-delivery technology by working across disciplines and leveraging multiple departments at the University of Virginia. The AgroSpheres Interdisciplinary Model has set a new standard for translational research and development,” said Dr. Mark Kester, Co-Founder.

ABOUT THE AUTHOR
Author: India Brahm

@CBICouncil

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