Virginia Venture Partners (VVP)
Invests Virginia Venture Partners to support seed-stage grants convertible notes equity virginia deep-tech startups.
Virginia Venture Partners (VVP) is VIPC's primary investment program, successor to the CIT GAP Funds that deployed $32.4M into 240 Virginia startups since 2005. It offers four funding tiers spanning from pre-MVP grants through seed-stage equity investments, targeting technology startups headquartered in Virginia in sectors including cybersecurity, life sciences, energy, and aerospace. Companies must maintain Virginia HQ for at least three years and match their award with non-dilutive capital or in-kind contributions. The Launch Grant ($50K) runs on quarterly cycles; the Launch Note ($150K convertible) runs rolling; the Pre-Seed ($250K) and Seed ($1M) funds are equity investments. The program is administered via launch@virginiaipc.org.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.
Funds early-stage Virginia startups through non-dilutive support before financing growth.
Offers Virginia startups a VVP Launch Note to convert into equity during later financing rounds.
Invests in Virginia pre-seed startups through equity co-investment partnerships and founder-ready growth support.
Invests in Virginia seed-stage startups through equity co-investment partnerships and growth readiness planning.