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Capital Ecosystem Development

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Capital Ecosystem Development ​

Roanoke Blacksburg Innovation Alliance ​

Goal: Build capacity in the regional capital ecosystem by understanding the current landscape and develop a plan to strengthen formal pathways to capital. 

Target Industry Cluster(s): All (Advanced Materials Manufacturing; IT, Engineering Services, & Emerging Technology; Life Sciences & Biotechnology; Manufacturing for Transportation, Energy, & Autonomy) ​

​Investment strategy: Entrepreneurship & Innovation ​

​Grant Type: Planning

Grant Period: 2018-2019 ​

​Achieved Outcomes:​

  • Capital Landscape Study ​
  • Capital Pathways Plan ​
  • Supported the launch of an angel investor group, Commonwealth Angels ​
  • Launched an Access to Capital Committee​
  • Held 3 angel investing seminars 

GO Virginia Funding: $77,207

Subregion: Roanoke – Alleghany