Virginia Tech® home

Project Regional Initiative for Startups and Entrepreneurship (RISE)

Virginia Tech Corporate Research Center Logo

Project Regional Initiative for Startups and Entrepreneurship (RISE)

Virginia Tech Corporate Research Center

Goal: Project RISE will add critical momentum to the Entrepreneur Resource Center (ERC) being launched at the Virginia Tech Corporate Research Center (VTCRC) to create a place-based regional hub for startup support and commercialization. ERC will provide technical assistance and commercialization funding to help advance technologies toward market readiness, supporting activities such as prototype development and customer discovery. Workshops, events, and digital networking will link founders with regional resources, mentors, and investors.

Investment strategy: Entrepreneurship & Innovation

Grant Type: Implementation

Grant Period: 2025-20217

Committed Outcomes:​

  • 35 Jobs Created
  • 10 New Businesses Created
  • 40 Businesses Served
  • 40 New Mentors Providing Assistance
  • 20 Patents Filed
  • 10 Patents Awarded

GO Virginia Funding: $648,000