MACH37 Cyber Accelerator Accepting Applications for Spring 2016 Session

Spring ‘16 Cohort to Begin on March 14th

November 18, 2015 (HERNDON, Va.) – The MACH37™ Cyber Accelerator has officially announced it will begin accepting applications from information security product startups and security entrepreneurs for its Spring 2016 (S16) Cohort that begins on March 14th. The MACH37™ program consists of an intense 90-day program in which the selected startups are coached in all aspects of creating a sustainable and successful business.

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SPARK, Jan 30-31, 2016

SPARK is a two-day event of learning and hacking geared toward high school students. Hosted by St. Anne’s-Belfield School on ​January 30 & 31, this event will get students connected to industry experts and other students who are passionate about changing the world through technology. Help us spark the next generation’s interest in tech by becoming a sponsor - providing mentors, prizes and/or real-world problems for the students to solve. More info at or e-mail This email address is being protected from spambots. You need JavaScript enabled to view it..

CIT $3.4M Technology Development Funding

Move your technology from the lab to market with the support of the Commonwealth! $3.4 million is available to award through the Commonwealth Research Commercialization Fund's FY2016 solicitation to the private sector, higher education, and research facilities. CRCF has invested $16.5 million in nearly 200 projects over the last four years -- your technology could be next!

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UVA $10M Seed Fund

Starting in 2016, the University of Virginia will be propelling entrepreneurship into the market like never before. The University’s new Seed Fund will deploy $10 million over 10 years to help commercialize UVA technologies and opportunities.

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MadiDrop: A portable solution to a potable issue

MadiDrop, a Charlottesville startup business, is on the threshold of positively affecting the lives of potentially billions of people worldwide. MadiDrop is a porous, biodegradable ceramic tablet designed to release silver ions that will disinfect water. One tablet can be reused continuously for six months, potentially purifying about 500 gallons of water. 

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Cavion LLC Closes $5M Round of Convertible Debt

Cavion LLC, a pharmaceutical company developing T-type calcium channel inhibitors for the treatment of neurologic diseases and solid tumor cancers, announced today that it has closed a $5 million private placement of convertible notes with new and existing investors. The proceeds will be used to expand Cavion’s platform of T-type calcium channel inhibitors through licensing and the development of new chemical entities and to support clinical trials in neurology and brain cancer. Cavion has raised over $18 million from private investors throughout the United States and received over $15 million in non-dilutive resources.

“Our investors appreciate Cavion’s mission to bring relief to patients suffering from cancer and neurologic diseases such as peripheral neuropathy and Parkinson’s,” stated Cavion President and CEO Andrew Krouse. “We are excited by their support for Cavion in this critical period as we develop multiple T-type calcium channel inhibitors and prepare for clinical trials in brain cancer and neurology that will launch in 2016.”

Oct 29, 2015: Driving Innovation in Your Organization with Design Thinking with Jeanne Liedtka 

WHEN: Thursday, October 29, 7:00 PM

WHERE: CitySpace, 100 5th St NE, Charlottesville, Virginia

When companies and organizations try to innovate with a new business strategy, they often stumble and fail to produce the results they anticipated. Jeanne Liedtka, strategist and professor at the Darden School of the University of Virginia, will present how many companies have learned to merge business and design into Design Thinking, one of the hottest topics in the business world. Accelerated by the spectacular rise of Apple and IDEO, Design Thinking is a proven and repeatable problem-solving protocol that great organizations employ to achieve extraordinary results. Jeanne will discuss the process of using design techniques like observation, brainstorming, prototyping, experimentation and learning to uncover truly innovative and successful solutions.

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Mid-Atlantic Total Compensation Survey Seeks Input from Technology Companies


RICHMOND, VA, OCTOBER 3, 2015 -- The Fahrenheit Group invites your participation in the Mid-Atlantic Total Compensation Survey for Small and Middle Market Companies. The 25th annual survey is the most comprehensive assessment of total compensation practices for small and middle market firms in the Mid-Atlantic region.

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CBIC Leads Tech Policy Discussion with Women in Tech

Women in Tech recently hosted Tracey Greene, CBIC's Executive Director, and Cassandra Stish, CBIC Board Member, for its inaugural TechTober Update. Greene and Stish led the discussion about the crucial importance of policy to the survival and growth of our local and statewide tech community.

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Governor McAuliffe Announces New CEO for CIT

RICHMOND - Governor Terry McAuliffe announced today the selection of Ed Albrigo as the next President and Chief Executive Officer for the Center for Innovative Technology.

“The CIT Board Search Committee conducted an extensive nationwide search that produced a strong field of diverse candidates and resulted in Ed’s selection,” Governor McAuliffe said. “CIT’s leadership is fundamental to my administration’s work to build a new Virginia economy that encourages and rewards innovation. I am very pleased that Ed will be leading the CIT and look forward to our continued advancement in global technology leadership.”

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