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Bio-plastics startup wins Lighthouse Labs pitch contest
While pitching to the sharks, entrepreneur Alec Brewer told them, “I do have white powder in my pocket,” before quickly clarifying that it wasn’t an illicit substance: “It’s PHB! It’s PHB!” The co-founder and CEO of Charlottesville-based biodegradable plastics manufacturer Ourobio, Brewer explained that his company makes PHB, or polyhydroxybutyrate, from waste in order to
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Incubator offers foothold for international firms
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Minimal risk, long-term success. Chorus Intelligence Ltd., a British software company that sells products and services for law enforcement investigations, had these goals in mind when it set its sights on the U.S. sales market. With the help of a new Virginia Beach incubator focused on supporting international businesses, Chorus is gaining a foothold in
Roanoke regional accelerator receives nearly $1M federal grant
RAMP helps grow startup companies in Roanoke, New River Valley
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The U.S. Department of Commerce announced Monday it has awarded nearly $1 million in grant funding to the Valleys Innovation Council (VIC) for its Regional Accelerator and Mentoring Program (RAMP), which is targeted at helping to grow startup companies in the Roanoke and New River Valley region. “This grant will give us the runway we
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Health accelerator program coming to Richmond
Participants will receive $20K in seed funding, advisory services
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Richmond-based seed-stage accelerator Lighthouse Labs is partnering with the Health Innovation Consortium (HIC) to start a health-focused startup accelerator program in Virginia, the groups announced Thursday. Virginia Commonwealth University, VCU Health and Richmond-based nonprofit Activation Capital created HIC, which launched in January 2019 to bring health care ideas to the market. “Health systems, particularly academic