Governor Northam announces $3.4 million in grants to small technology businesses
RICHMOND, Va. (WRIC) – Governor Ralph Northam has announced a $3.4 million grant to be distributed to 34 small tech businesses across a variety of industries, including agricultural and environmental technologies, autonomous systems, clean energy, cybersecurity, data analytics, life sciences and space and satellites.
The grant is part of the Commonwealth Commercialization Fund, a program launched in 2020 to promote innovation and commercialization for businesses in Virginia. The fund seeks technologies with a high potential for economic development and job creation to help elevate Virginia’s place among the top science and technology industries.
“Facilitating research breakthroughs and getting new technologies out of the lab and into the hands of consumers is key to driving economic growth and creating jobs in the Commonwealth,” said Governor Northam in a…