The National Venture Capital Association recently named Charlottesville the fastest growing venture ecosystem in the United States.

According to Michael Straightiff, Executive Director of the University of Virginia’s Licensing and Ventures Group (LVG), the Charlottesville startup community is what's attracting the attention. 

In his video interview with Charlottesville's Newsplex, Michael provided several reasons why Charlottesville is gaining national recognition. He explained that nine companies raised $27.7 million in venture capital financing in 2015. He noted that Charlottesville continues to evolve as an innovation hub, in particular with the University’s increased support of Darden’s iLab as well as LVG activities around commercializing ideas developed at the University.  These investments fuel the pipeline, helping companies such as my company, MadiDrop PBC, to bring University research into public marketplaces where they can have a positive social impact.

Check out Michael's complete Newsplex video interview for more details.

About the Author
Lianne Landers
Author: Lianne LandersWebsite:
Marketing and Communications, MadiDrop PBC
Lianne is a strong advocate for community and alumni involvement in the development of University technologies and new ventures. For a decade, she worked in U.Va.’s Office of the VP for Research, providing business development guidance to faculty and student entrepreneurs as well as facilitating networks of hundreds of volunteer advisors to support new ventures.
Most recently, she’s brought her enthusiasm for technology commercialization directly to the local start-up community, particularly working in the drug discovery, medical device and transportation industries. At MadiDrop PBC, she is working to bring a safe water technology to communities around the world, helping to solve contaminated drinking water issues.