Entrepreneurship Challenge Sponsor Showcase: CIT GAP Funds

Established in 2005 and organized as an operating division of the Center for Innovative Technology, a Virginia 501c(3), CIT GAP Funds places equity investments in Virginia’s high-growth potential science and technology-based companies. Underwritten by an annual appropriation from the Virginia General Assembly, CIT GAP Funds functions as a double-bottom-line investment fund focused on creating significant economic outcomes for entrepreneurs and co-investors, evergreen funding capacity for the Center for Innovative Technology and spill-over economic development benefits for the Commonwealth of Virginia. A leading early stage investor in the Roanoke-Blacksburg region, CIT GAP Funds is staffed by a seasoned venture investment team with a proven track record of rigorous due diligence, prudent capital deployment and sustained value creation and return realization from its investments in early stage technology companies. CIT GAP Funds typically deploys $100-200K in early stage transactions with limited follow-on investment capacity.

CIT GAP Funds Team

The CIT GAP Funds Team

Pictured left to right. Front row: Sean Mallon, Tom Weithman, Veronica Waters, Dan Henderson. Back row: Marco Rubin, Jen O’Daniel, Alex Euler, Dan Mindus

Thank you, CIT GAP Funds, for sponsoring the VT KnowledgeWorks Entrepreneurship Challenge!

The VT KnowledgeWorks Sixth Annual Entrepreneurship Challenge is taking place on Friday, April 18, 2014, at The Inn at Virginia Tech and Skelton Conference Center, Blacksburg, Virginia.

Event attendees will start the day observing entrepreneurs hoping to establish a new venture in Blacksburg using their Virginia Tech-owned technology. Entrepreneurs will compete for the $100,000 award of mentorship and business support services in the Tech Transfer Challenge, including:

  • Hydrokinetic Energy Systems – Gary Nave, Mark Stremler, Saikat Basu, and Tyler Michael. The proposed venture is aimed at commercializing a robust system for on-demand harvesting of clean, renewable energy from tides and rivers using a unique kilowatt-scale system for off-grid applications.
  • LIN System – Boris Vinatzer and Lenwood Heath. The LIN System revolutionizes classification, identification, and naming of life forms.
  • pheno-CHIP – Elliot McAllister, Dr. Rafael Davalos, and Steve Turner. pheno-CHIP is a pre-commercial cell identification platform.
  • P&P Coating – Atieh Haghdoost and Mehdi Kargar. P&P Coating is a Virginia Tech spin-off formed around the patent pending technology platform of low-cost porous coatings completely made of earth-abundant metals.

In the afternoon, Virginia Tech student teams will compete in the Student Business Concept Challenge for $10,000 in scholarships, start-up services, and the opportunity to compete on a world stage in August for the $25,000 VT KnowledgeWorks Global Challenge Award including:

  • DealAdder – Abhishek Dube
  • Detect-C – Siddhartha Roy
  • L8 Magnetic/Kinetic Toy – Alireza Borhani and Negar Kalantar
  • Project OrganiCo – Steven Zimmerman, Sebastian Walker, Don Choi, and John Lucas
  • Vestigo – Joe Acanfora, Paul Feagan, and Jeff Morris

For the first time at the Entrepreneurship Challenge, teams competing in the Student Business Concept Challenge will be eligible to win the People’s Choice award, where members of the audience will select their favorite team to win $5,000 in scholarships.

The cost to attend this full-day event including the competitions, luncheon, and reception is only $30 for students and $50 for everyone else. Or attend only the afternoon session for free, luncheon not included.

Win a Kindle Fire!  All attendees will be entered into the raffle contest.  Must be present to win.  Raffle prize donated by Holiday Inn University Blacksburg.

Register online to attend the VT KnowledgeWorks Entrepreneurship Challenge

For more information, please contact Christine Spalding at 540-443-9100 ext.3 or via email at christine.spalding@vtknowledgeworks.com.

VT KnowledgeWorks wants to thank our generous sponsors of the Entrepreneurship Challenge including CIT GAP Funds, Virginia Tech College of Agriculture & Life Sciences, Virginia Tech Corporate Research Center, Virginia Tech Office for Research, Virginia Tech Outreach & International Affairs, and Virginia Tech Pamplin College of Business.

Keep in the know about VT KnowledgeWorks through TwitterFacebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc.BAE SystemsThe Branch Group, Inc.Brown, Edwards & CompanyCity of RoanokeFox 21/27G.J. Hopkins, Inc.Hodges, Jones & Mabry, P.C.Hutchison Law GroupInteractive Achievement, Inc.Latimer Intellectual Property Law, LLCMeridiumMontgomery County, Virginia Economic Development DepartmentNetVenturesNew River Valley Intellectual Property LawPhoenix Packaging OperationsRackspaceShentelStellarOne Bank, SunTrust BankTechLabThird SecurityTown of BlacksburgTown of ChristiansburgVirginia Tech Corporate Research CenterVirginia Tech Outreach and International AffairsVPT, IncWordsprint

Entrepreneurship Challenge Teams Announced

The VT KnowledgeWorks Sixth Annual Entrepreneurship Challenge is taking place on Friday, April 18, 2014, at The Inn at Virginia Tech and Skelton Conference Center, Blacksburg, Virginia.

Event attendees will start the day observing entrepreneurs compete for the $100,000 award of mentorship and business support services in the Tech Transfer Challenge, including:

  • Hydrokinetic Energy Systems – Gary Nave, Mark Stremler, Saikat Basu, and Tyler Michael
  • LIN System – Boris Vinatzer and Lenwood Heath
  • pheno-CHIP – Elliot McAllister, Dr. Rafael Davalos, and Steve Turner
  • P&P Coating – Atieh Haghdoost and Mehdi Kargar

Hoping to establish a new venture in Blacksburg using their Virginia Tech-owned technology, the teams will compete to win $100,000 worth of mentorship and business support services.

In the afternoon, Virginia Tech student teams will compete in the Student Business Concept Challenge for $10,000 in scholarships, start-up services, and the opportunity to compete on a world stage next August for the $25,000 VT KnowledgeWorks Global Challenge Award including:

  • DealAdder – Abhishek Dube
  • Detect-C – Siddhartha Roy
  • L8 Magnetic/Kinetic Toy – Alireza Borhani and Negar Kalantar
  • Project OrganiCo – Steven Zimmerman, Sebastian Walker, Don Choi, and John Lucas
  • Vestigo – Joe Acanfora, Paul Feagan, and Jeff Morris

For the first time at the Entrepreneurship Challenge, teams competing in the Student Business Concept Challenge will be eligible to win the People’s Choice award, where members of the audience will select their favorite team to win $5,000 in scholarships.

The cost to attend this full-day event including the competitions, luncheon, and reception is only $30 for students and $50 for everyone else. Or attend only the afternoon session for free, luncheon not included.

Register online to attend the VT KnowledgeWorks Entrepreneurship Challenge

For more information, please contact Christine Spalding at 540-443-9100 ext.3 or via email at christine.spalding@vtknowledgeworks.com.

VT KnowledgeWorks wants to thank our generous sponsors of the Entrepreneurship Challenge including CIT GAP Funds, Virginia Tech College of Agriculture & Life Sciences, Virginia Tech Office for Research, Virginia Tech Outreach & International Affairs, and Virginia Tech Pamplin College of Business.

Keep in the know about VT KnowledgeWorks through TwitterFacebook and LinkedIn.

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc.BAE SystemsThe Branch Group, Inc.Brown, Edwards & CompanyCity of RoanokeFox 21/27G.J. Hopkins, Inc.Hodges, Jones & Mabry, P.C.Hutchison Law GroupInteractive Achievement, Inc.Latimer Intellectual Property Law, LLCMeridiumMontgomery County, Virginia Economic Development DepartmentNetVenturesNew River Valley Intellectual Property LawPhoenix Packaging OperationsRackspaceShentelStellarOne Bank, SunTrust BankTechLabThird SecurityTown of BlacksburgTown of ChristiansburgVirginia Tech Corporate Research CenterVirginia Tech Outreach and International AffairsVPT, IncWordsprint

VTKW Sponsor Showcase: Wordsprint

Wordsprint is a regional marketing services provider with in-house design, print, and mail capabilities, specializing in advertising campaigns for area businesses, and fundraising drives for non-profit organizations. It employs 18 people in its Virginia offices, and utilizes state-of-the-art database management with variable data printing technology to target specific demographic markets. Wordsprint has won numerous awards as one of the best-managed companies in the United States, including a 2012 Platinum RAVE Award for the best customer service in the entire printing/mailing industry.

Wordsprint

Thank you, Wordsprint, for sponsoring VT KnowledgeWorks including the 2014 Global Partnership Week!

The VT KnowledgeWorks Global Partnership Week offers university students and faculty from all over the world a chance to collaborate, form partnerships, build their global networks, and congregate in Blacksburg and Roanoke, Virginia, USA.  The Global Partnership is an ongoing cooperative association of regions building permanent social, academic, and commercial relationships with each other, for mutual long-term advantage. Members of the partnership gather annually during a week-long Global Partnership event hosted by VT KnowledgeWorksVirginia Tech Corporate Research CenterVirginia Tech, and citizens and businesses of the Roanoke-Blacksburg region.

For more information about getting involved in the Global Partnership Week, please contact Lindsey Eversole, Outreach Manager, leversole@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks:

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc.BAE SystemsThe Branch Group, Inc.Brown, Edwards & CompanyCity of RoanokeFox 21/27G.J. Hopkins, Inc.Hodges, Jones & Mabry, P.C.Hutchison Law GroupInteractive Achievement, Inc.Latimer Intellectual Property Law, LLCMeridiumMontgomery County, Virginia Economic Development DepartmentNetVenturesNew River Valley Intellectual Property LawPhoenix Packaging OperationsRackspaceShentelStellarOne Bank, SunTrust BankTechLabThird SecurityTown of BlacksburgTown of ChristiansburgVirginia Tech Corporate Research CenterVirginia Tech Outreach and International AffairsVPT, IncWordsprint.

VTKW Sponsor Showcase: Interactive Achievement

Interactive Achievement is an educator-run company whose mission is to empower educators with the most accurate assessment of student progress throughout the school year so that every student has the greatest chance to succeed. Our tools support a data-driven approach to goal setting, formative and interim assessment, and instructional planning all at the touch of a button. We are passionate about providing relevant, real-time data to educators and administrators so that you feel confident in leading your students to success.

Interactive Achievement

Thank you, Interactive Achievement, for sponsoring VT KnowledgeWorks including the 2014 Global Partnership Week!

The VT KnowledgeWorks Global Partnership Week offers university students and faculty from all over the world a chance to collaborate, form partnerships, build their global networks, and congregate in Blacksburg and Roanoke, Virginia, USA.  The Global Partnership is an ongoing cooperative association of regions building permanent social, academic, and commercial relationships with each other, for mutual long-term advantage. Members of the partnership gather annually during a week-long Global Partnership event hosted by VT KnowledgeWorksVirginia Tech Corporate Research CenterVirginia Tech, and citizens and businesses of the Roanoke-Blacksburg region.

For more information about getting involved in the Global Partnership Week, please contact Lindsey Eversole, Outreach Manager, leversole@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks:

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc.BAE SystemsThe Branch Group, Inc.Brown, Edwards & CompanyCity of RoanokeFox 21/27G.J. Hopkins, Inc.Hodges, Jones & Mabry, P.C.Hutchison Law GroupInteractive Achievement, Inc.Latimer Intellectual Property Law, LLCMeridiumMontgomery County, Virginia Economic Development DepartmentNetVenturesNew River Valley Intellectual Property LawPhoenix Packaging OperationsRackspaceShentelStellarOne BankTechLabThird SecurityTown of BlacksburgTown of ChristiansburgVirginia Tech Corporate Research CenterVirginia Tech Outreach and International AffairsVPT, IncWordsprint.

VTKW Sponsor Showcase: City of Roanoke, Virginia

The City of Roanoke, Virginia is rich in history, community spirit, and natural beauty. With a population of almost 99,000, you will find an incomparable mix of urban sophistication and down-home charm in our city. A six-time All-America City and the largest city on the Blue Ridge Parkway, Roanoke has an impressive array of arts, outdoor opportunities, and cultural amenities as well as an aggressive economic strategy to attract business development.

City of Roanoke, Virginia

Thank you, City of Roanoke, Virginia, for sponsoring VT KnowledgeWorks including the 2014 Global Partnership Week!

The VT KnowledgeWorks Global Partnership Week offers university students and faculty from all over the world a chance to collaborate, form partnerships, build their global networks, and congregate in Blacksburg and Roanoke, Virginia, USA.  The Global Partnership is an ongoing cooperative association of regions building permanent social, academic, and commercial relationships with each other, for mutual long-term advantage. Members of the partnership gather annually during a week-long Global Partnership event hosted by VT KnowledgeWorksVirginia Tech Corporate Research CenterVirginia Tech, and citizens and businesses of the Roanoke-Blacksburg region.

For more information about getting involved in the Global Partnership Week, please contact Lindsey Eversole, Outreach Manager, leversole@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks:

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc.BAE SystemsThe Branch Group, Inc.Brown, Edwards & CompanyCity of RoanokeFox 21/27G.J. Hopkins, Inc.Hodges, Jones & Mabry, P.C.Hutchison Law GroupInteractive Achievement, Inc.Latimer Intellectual Property Law, LLCMeridiumMontgomery County, Virginia Economic Development DepartmentNetVenturesNew River Valley Intellectual Property LawPhoenix Packaging OperationsRackspaceShentelStellarOne BankTechLabThird SecurityTown of BlacksburgTown of ChristiansburgVirginia Tech Corporate Research CenterVirginia Tech Outreach and International AffairsVPT, IncWordsprint.

VTKW Sponsor Showcase: Virginia Tech Corporate Research Center

The Virginia Tech Corporate Research Center (VTCRC)  is a for-profit, wholly-owned, private subsidiary of the Virginia Tech Foundation. The VTCRC collaborates with Virginia Tech to advance the research, educational and technology transfer missions of the university. Currently, more than 150 research, technology and support companies employ over 2,700 employees in the park’s 29 buildings with an expansion in the works. The VTCRC was the award recipient for the “Outstanding Research Park” in 2010 by the Association of University Research Parks.

VTKW Building at the VTCRC

At the VT KnowledgeWorks Building in the Virginia Tech Corporate Research Center, student teams from all over the world, who previously attended the VT KnowledgeWorks Global Partnership Week, have the opportunity to obtain free summer work space to pursue their business concepts.

Thank you, Virginia Tech Corporate Research Center, for sponsoring VT KnowledgeWorks including the 2014 Global Partnership Week!

The VT KnowledgeWorks Global Partnership Week offers university students and faculty from all over the world a chance to collaborate, form partnerships, build their global networks, and congregate in Blacksburg and Roanoke, Virginia, USA.  The Global Partnership is an ongoing cooperative association of regions building permanent social, academic, and commercial relationships with each other, for mutual long-term advantage. Members of the partnership gather annually during a week-long Global Partnership event hosted by VT KnowledgeWorksVirginia Tech Corporate Research CenterVirginia Tech, and citizens and businesses of the Roanoke-Blacksburg region.

For more information about getting involved in the Global Partnership Week, please contact Lindsey Eversole, Outreach Manager, leversole@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks:

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc.BAE SystemsThe Branch Group, Inc.Brown, Edwards & CompanyCity of RoanokeFox 21/27G.J. Hopkins, Inc.Hodges, Jones & Mabry, P.C.Hutchison Law GroupInteractive Achievement, Inc.Latimer Intellectual Property Law, LLCMeridiumMontgomery County, Virginia Economic Development DepartmentNetVenturesNew River Valley Intellectual Property LawPhoenix Packaging OperationsRackspaceShentelStellarOne BankTechLabThird SecurityTown of BlacksburgTown of ChristiansburgVirginia Tech Corporate Research CenterVirginia Tech Outreach and International AffairsVPT, IncWordsprint.

VTKW Sponsor Showcase: VPT

VPT, Inc. is a global leader in providing power conversion solutions for use in avionics, military, and space applications. VPT offers high reliability DC-DC converters, EMI filters, accessory power products, and custom engineering services for the rapid development of critical power systems. VPT is headquartered in Blacksburg, Virginia, manufactures at Delta Electronics in Taiwan, and maintains a sales presence in more than 30 countries.

VPT visits its manufacturing partner, Delta Electronics, in Taiwan
VPT visits its manufacturing partner, Delta Electronics, in Taiwan.

Thank you, VPT, for sponsoring VT KnowledgeWorks including the 2014 Global Partnership Week!

The VT KnowledgeWorks Global Partnership Week offers university students and faculty from all over the world a chance to collaborate, form partnerships, build their global networks, and congregate in Blacksburg and Roanoke, Virginia, USA.  The Global Partnership is an ongoing cooperative association of regions building permanent social, academic, and commercial relationships with each other, for mutual long-term advantage. Members of the partnership gather annually during a week-long Global Partnership event hosted by VT KnowledgeWorksVirginia Tech Corporate Research CenterVirginia Tech, and citizens and businesses of the Roanoke-Blacksburg region.

For more information about getting involved in the Global Partnership Week, please contact Lindsey Eversole, Outreach Manager, leversole@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks:

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc.BAE SystemsThe Branch Group, Inc.Brown, Edwards & CompanyCity of RoanokeFox 21/27G.J. Hopkins, Inc.Hodges, Jones & Mabry, P.C.Hutchison Law GroupInteractive Achievement, Inc.Latimer Intellectual Property Law, LLCMeridiumMontgomery County, Virginia Economic Development DepartmentNetVenturesNew River Valley Intellectual Property LawPhoenix Packaging OperationsRackspaceShentelStellarOne BankTechLabThird SecurityTown of BlacksburgTown of ChristiansburgVirginia Tech Corporate Research CenterVirginia Tech Outreach and International AffairsVPT, IncWordsprint.

VTKW Sponsor Showcase: Shentel

Shentel (Shenandoah Telecommunications Company) is a holding company that provides a broad range of telecommunications services through its operating subsidiaries.
Shentel - Shenandoah Telecommunications Company

The Company is traded on the NASDAQ Global Select Market under the symbol “SHEN.” The Company’s operating subsidiaries provide local and long distance telephone, Internet and data services, cable television, wireless voice and data services, alarm monitoring, and telecommunications equipment, along with many other associated solutions in the Mid-Atlantic United States.

Thank you, Shentel, for sponsoring VT KnowledgeWorks including the 2014 Global Partnership Week!

The VT KnowledgeWorks Global Partnership Week offers university students and faculty from all over the world a chance to collaborate, form partnerships, build their global networks, and congregate in Blacksburg and Roanoke, Virginia, USA.  The Global Partnership is an ongoing cooperative association of regions building permanent social, academic, and commercial relationships with each other, for mutual long-term advantage. Members of the partnership gather annually during a week-long Global Partnership event hosted by VT KnowledgeWorksVirginia Tech Corporate Research CenterVirginia Tech, and citizens and businesses of the Roanoke-Blacksburg region.

For more information about getting involved in the Global Partnership Week, please contact Lindsey Eversole, Outreach Manager, leversole@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks:

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc.BAE SystemsThe Branch Group, Inc.Brown, Edwards & CompanyCity of RoanokeFox 21/27G.J. Hopkins, Inc.Hodges, Jones & Mabry, P.C.Hutchison Law GroupInteractive Achievement, Inc.Latimer Intellectual Property Law, LLCMeridiumMontgomery County, Virginia Economic Development DepartmentNetVenturesNew River Valley Intellectual Property LawPhoenix Packaging OperationsRackspaceShentelStellarOne BankTechLabThird SecurityTown of BlacksburgTown of ChristiansburgVirginia Tech Corporate Research CenterVirginia Tech Outreach and International AffairsVPT, IncWordsprint.

Announcing The Big Launch Challenge

The Launch Place, a leading recruiter of entrepreneurs in the Dan River Region of Virginia, and First Flight Venture Center (FFVC), the largest technology incubator in the Research Triangle Park (RTP),  announced a unique partnership to attract the most innovative technology startup companies in Virginia and North Carolina to a competition that planners of the event are referring to as “high stakes.”

The Big Launch Challenge is open to early-stage Virginia-based and North Carolina-based companies

The Big Launch Challenge is open to early-stage Virginia-based and North Carolina-based companies in nano, green and information technologies; alternative energy; advanced manufacturing and materials; and medical device industries.

The Big Launch Competition final event will feature the top five entrepreneurs from the online competition featured on The Big Launch’s go-to site for business competitions. Presenters will pitch at the Institute for Advanced Learning and Research in Danville, VA, on May 22, 2014.

Contenders will present their business ideas to a panel of judges, who are members of The Launch Place’s seed fund advisory board and experienced in technology assessment, commercialization and early-stage investment.

The top two presenters will be awarded up to $15,000 each.

“The Big Launch Challenge is slated to become one of the foremost events for startups in the region,” said Eva Doss, President and CEO of The Launch Place. “Not only will the competition provide entrepreneurs with prize money, it also will serve as a platform for them to learn about The Launch Place’s unique entrepreneurship services and on-going investment opportunities in Danville, Virginia.”

The Launch Place supports the creation of an “idea based entrepreneurship network” in the Danville, Virginia, region by providing a wide array of services and incentives to emerging and serial entrepreneurs with business ideas primarily related to engineering, IT and bio-materials.

“We are excited to be working with The Launch Place on the The Big Launch Challenge,” said Andy Schwab, President of First Flight Venture Center. “This is the first event in this region to bring together entrepreneurs and start-ups from two states, all in an effort to help find good ideas and build sustainable businesses.”

The registration deadline is March 21, 2014.

Register now for The Big Launch

About The Launch Place
As a 501 (C)(3) nonprofit organization, The Launch Place strives to energize and diversify Southern Virginia’s regional economy through entrepreneurship development and business consulting services. Offering seed funding, office and housing subsidies, mentoring, training, coaching and virtual incubation services, The Launch Place focuses on recruiting and retaining entrepreneurs to and in the Danville, Virginia, USA area.

About First Flight
Founded in 1992, First Flight Venture Center was created to foster innovation and grow sustainable companies. Today, FFVC is one of the nation’s largest and most stable incubators, playing host to more than 37 high-science, high-impact companies annually. In total, FFVC company startups number 267 and growing. Several of the most notable graduates include United Therapeutics (NASDAQ: UTHR), SciQuest (NASDAQ: SQI), Athenix (acquired Bayer NASDAQ BAYRY), Advanced Liquid Logic (acquired Illumina NASDAQ: ILMN), Bloodhound Technologies (acquired by Verisk VRSK), Ganymede Software (acquired NETIQ IPO), and Exam Design (acquired Pearson PLC NASDAQ PSO).

The Launch Place is a member of the VT KnowledgeWorks Entrepreneurship Alliance.

Keep in the know about VT KnowledgeWorks:

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc.BAE SystemsThe Branch Group, Inc.Brown, Edwards & CompanyCity of RoanokeFox 21/27G.J. Hopkins, Inc.Hodges, Jones & Mabry, P.C.Hutchison Law GroupInteractive Achievement, Inc.Latimer Intellectual Property Law, LLCMeridiumMontgomery County, Virginia Economic Development DepartmentNetVenturesNew River Valley Intellectual Property LawPhoenix Packaging OperationsRackspaceShentelStellarOne BankTechLabThird SecurityTown of BlacksburgTown of ChristiansburgVirginia Tech Corporate Research CenterVirginia Tech Outreach and International AffairsVPT, IncWordsprint.

VTKW Sponsor Showcase: Allegheny Logistics Group

Vincent Murray and Jim Loux

Jim Loux (right), the Founder and President of Allegheny Brokerage Co. Inc., delivered the VT KnowledgeWorks Global Challenge Trophy to Vincent Murray (left) of team Ecosy from Queen’s University, Belfast. Their winning business concept of the 2010 Global Student Challenge was a wood pellet fueled patio heater that reduces fuel costs, increases mobility, and reduces the environmental impact of patio heaters used for outdoor dining and entertaining.

The Allegheny Logistics Group is an umbrella identity covering Allegheny Brokerage Co. Inc., Allegheny Logistics Services Inc. and Allegheny Ocean Transport, Inc.

The Allegheny Logistics Group and the Allegheny Companies provide full service support in all areas of exportation and importation of goods through a network of agents and partners in more than 80 cities around the world. This support includes ocean and air freight, inland transport, warehousing and freight management services. Additionally we provide knowledgeable consulting and training services regarding compliance with U.S. Government export and import regulations.

Thank you, Allegheny Logistics Group, for sponsoring VT KnowledgeWorks including the 2014 Global Partnership Week!

The VT KnowledgeWorks Global Partnership Week offers university students and faculty from all over the world a chance to collaborate, form partnerships, build their global networks, and congregate in Blacksburg and Roanoke, Virginia, USA.  The Global Partnership is an ongoing cooperative association of regions building permanent social, academic, and commercial relationships with each other, for mutual long-term advantage. Members of the partnership gather annually during a week-long Global Partnership event hosted by VT KnowledgeWorksVirginia Tech Corporate Research CenterVirginia Tech, and citizens and businesses of the Roanoke-Blacksburg region.

For more information about getting involved in the Global Partnership Week, please contact Lindsey Eversole, Outreach Manager, leversole@vtknowledgeworks.com.

Keep in the know about VT KnowledgeWorks:

VT KnowledgeWorks

VT KnowledgeWorks encourages and enables creative entrepreneurship world-wide, through innovative curriculum, local business resource centers, and a global network of cooperating regions, all focused on three essential contributors to success: clear understanding of fundamental business principles; access to timely, relevant information; and meaningful personal and corporate relationships. It is a subsidiary of the Virginia Tech Corporate Research Center, supported by the continuing confidence and enthusiasm of its clients, sponsors and friends, both corporate and individual. Its world headquarters are in Blacksburg, Virginia, USA.

VT KnowledgeWorks Sponsors

Allegheny Logistics GroupAutomation Creations, Inc.BAE SystemsThe Branch Group, Inc.Brown, Edwards & CompanyCity of RoanokeFox 21/27G.J. Hopkins, Inc.Hodges, Jones & Mabry, P.C.Hutchison Law GroupInteractive Achievement, Inc.Latimer Intellectual Property Law, LLCMeridiumMontgomery County, Virginia Economic Development DepartmentNetVenturesNew River Valley Intellectual Property LawPhoenix Packaging OperationsRackspaceShentelStellarOne BankTechLabThird SecurityTown of BlacksburgTown of ChristiansburgVirginia Tech Corporate Research CenterVirginia Tech Outreach and International AffairsVPT, IncWordsprint.