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Virginia · Public charity

Virginia Biotechnology Research Park Activation Capital

Virginia biotechnology research park (the activation council), as an anchor for the knowledge-based community , will provide the leadership and vision to the richmond regional innovation ecosystem with a willingness to invent, take and manage risks, and share credit for success.

$316k
Granted FY2022
15
Grants FY2022
15
Organizations funded FY2022
100%
First-time grantees FY2022
Read the full brief
Median grant, FY2022
$20,000
Largest grant, FY2022
$35,000
Organizations funded a year
7 to 21
FY2017 to FY2022
States reached, FY2022
6
Total assets, FY2022
$1.2M

How open it is to new grantees

In FY2022, 100% of the organizations Virginia Biotechnology Research Park Activation Capital funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2022, 0% of grant dollars renewed an existing relationship; $315k went to new ones.

50%100%’18’19’20’21’22
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY202215$315k100%
FY202118$373k100%
FY202015$224k33%
FY201921$276k100%
FY20187$140k100%
FY20177$140kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2022.

Community Improvement$1.1MHealth$132kScience & Tech$81kArts & Culture$63kEducation$21kFood & Nutrition$20kEmployment$20kRecreation & Sports$10k

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

ME
IL
MI
MA
IA
PA
NJ
CA
CO
MO
VA
SC
DC
AL
GA
TX

Top grantees

Largest recipients by total granted, FY2017 to FY2022, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Bold Xchange$30,0001n/a
Kamana Inc$29,0002n/a
Sunny Day Fund$25,0001n/a
Grantable LLC$25,0001n/a
Bitter Lemon LLC Dba Brandify$25,0001n/a
Terravive LLC$25,0001n/a
Ride Roundtrip Inc$25,0001n/a
Answersnow Inc$24,0001n/a
Codemoji Inc$23,5001n/a
Polycarbin Inc$23,0001n/a
Show all 58 grantees
All grantees of Virginia Biotechnology Research Park Activation Capital by total granted
GranteeTotal grantedYearsShare of their budget
Bold Xchange$30,0001n/a
Kamana Inc$29,0002n/a
Sunny Day Fund$25,0001n/a
Grantable LLC$25,0001n/a
Bitter Lemon LLC Dba Brandify$25,0001n/a
Terravive LLC$25,0001n/a
Ride Roundtrip Inc$25,0001n/a
Answersnow Inc$24,0001n/a
Codemoji Inc$23,5001n/a
Polycarbin Inc$23,0001n/a
Pyt Funds Pay Your Tuition$23,0001n/a
Tablee LLC$22,5001n/a
Frnge LLC$22,5001n/a
Mindcotine Inc$21,0001n/a
Enrichher LLC$21,0001n/a
Bookclubz Inc$21,0001n/a
Ivy Oaks Analytics LLC$21,0001n/a
Q Media LLC$21,0001n/a
Icarus Medical LLC$21,0001n/a
Radify Labs Inc$21,0001n/a
Indivisible Group Corporation$21,0001n/a
Light the Music Inc$21,0001n/a
Blueswipe LLC$21,0001n/a
Hellofriend Inc$21,0001n/a
Edconnective Inc$21,0001n/a
Minimally Invasive Spinal Tech$21,0001n/a
Quinncia Inc$21,0001n/a
Archivecore Inc$21,0001n/a
Kms Technologies LLC$20,0001n/a
We Are Hued LLC$20,0001n/a
Trilogy Mentors Inc$20,0001n/a
Babylon$20,0002n/a
Skraach LLC$20,0001n/a
Spira Inc Annandale VA 23003$20,0001n/a
Peerspective Vr$20,0002n/a
Crowdlobby LLC$20,0002n/a
GOGO Band Inc$20,0001n/a
Map My Customers Inc Pawleys Island SC 29585$20,0001n/a
Glass Smith Holding Inc$20,0001n/a
Hich$20,0002n/a
Skinny Dipper$20,0002n/a
Totem Systems Inc$20,0002n/a
Interstride$20,0001n/a
Team Excel Inc$20,0001n/a
Thermasense Corp$20,0002n/a
Fenris LLC$20,0001n/a
The Human Capital Theory LLC$20,0001n/a
Koda Health Inc$20,0001n/a
Lumify Care$20,0001n/a
Goodfynd LLC$20,0002n/a
Rendyr Inc$20,0002n/a
Lokii Inc$20,0001n/a
The Abstract Athlete$10,0001n/a
Coin Savage LLC$5,0001n/a
Lumastic$5,0001n/a
Kilo Medical Solutions LLC$5,0001n/a
Nuna Med LLC$5,0001n/a
Tracerx Inc$5,0001n/a

Plus 15 recipients with no EIN on record ($315k), not named here.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Virginia Innovation Partnership CorporationVA17.3× affinity6 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Virginia Innovation Partnership Corporation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Virginia Biotechnology Research Park Activation Capital with peer funders

About Virginia Biotechnology Research Park Activation Capital

How much does Virginia Biotechnology Research Park Activation Capital give?
Virginia Biotechnology Research Park Activation Capital reported 15 grants totaling $315,500 in its FY2022 IRS filing. It funded between 7 and 21 organizations a year over FY2017 to FY2022.
What does Virginia Biotechnology Research Park Activation Capital fund?
By grant dollars over FY2017 to FY2022, its largest causes are Community Improvement (76%), Health (9%), Science & Tech (6%).
Who are Virginia Biotechnology Research Park Activation Capital's largest grantees?
By total granted over FY2017 to FY2022: Bold Xchange ($30k), Kamana Inc ($29k), Sunny Day Fund ($25k).
Does Virginia Biotechnology Research Park Activation Capital fund new organizations?
In FY2022, 100% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Virginia Biotechnology Research Park Activation Capital?
Its strongest co-funders, measured against what their size predicts, include Virginia Innovation Partnership Corporation.
Where is Virginia Biotechnology Research Park Activation Capital based?
Virginia Biotechnology Research Park Activation Capital is based in VA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 73 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2022, released 2022. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports no grant expense, so the figures above are from FY2022, the most recent year this funder made grants.

Source object · view filing

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