· Public charity
Virginia Innovation Partnership Corporation
Vipc grows and diversifies virginia's economy by investing in and accelerating innovation commercialization and entrepreneurship.
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2025.
Where the money goes
Grants by size, and the largest recipients.
By grant size · FY2025
- $10k–50k26 grants · $655k
- $50k–250k33 grants · $3.0M
- $250k+3 grants · $1.7M
| Recipient | Amount |
|---|---|
| THE RECTOR AND VISITORS OF UVA | $990,000 |
| VIRGINIA COMMONWEALTH UNIVERSITY | $370,000 |
| GEORGE MASON UNIVERSITY | $300,000 |
| WIRELESS RESEARCH CENTER OF NC | $200,000 |
| CHARLOTTESVILLE BIO HUB | $200,000 |
| STARTWHEEL CORPORATION DBA INNOVATE HAMPTON ROADS | $200,000 |
| STARTUP VIRGINIA INC | $200,000 |
| ROANOKE-BLACKSBURG INNOVATION ALLIANCE DBA RAMP | $200,000 |
| VA POLYTECHNIC INSTITUTE & STATE UNIVERSITY | $196,330 |
| Individual grant recipient | $100,000 |
| OLD DOMINION UNIVERSITY RESEARCH FOUNDATION | $100,000 |
| LIGHTHOUSE LABS RVA INC | $100,000 |
| VENTURE CENTRAL INC | $98,000 |
| JEANA BOLANOS DBA LANBO LLC | $95,000 |
| THE ADVANCEMENT FOUNDATION | $75,000 |
Does the money reach high-need areas?
Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.
Dollar for dollar, its grants (FY21–25) land where the poverty rate runs at 12%, against an area that typically sits at 7%. 73% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.
How this is measured
How this is measured
Who it funds again
Organizations funded in more than one year, against those funded once.
116 repeat relationships: 24 still active in FY2025, 92 since wound down; 38 grantees were first funded in FY2025 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2025, 63% of grant dollars renewed an existing relationship; $2.0M went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
Backed again, and grew
- ODOLD DOMINION UNIVERSITY RESEARCH FOUNDATION4× · 2021–2025 · $1.2M · revenue +89%
- RBROANOKE BLACKSBURG INNOVATION NETWORK4× · 2021–2025 · $700k · revenue +59%
- CBCHARLOTTESVILLE BIOHUB4× · 2022–2025 · $600k · revenue +147% · 28% of their budget
Funded once
- UOUNIVERSITY OF VIRGINIA PATENT FOUNDATIONone grant, 2024 · $250k · revenue +14%
- VCVIRGINIA COMMONWEALTH UNIVERSITY INTELLECTUAL PROPERTY FOUNDATIONgraduatedone grant, 2023 · $250k · revenue +41%
- HCHANOVER COUNTY CLEAN TECHNOLOGY INNOVATION CENTERgraduatedone grant, 2024 · $200k · revenue ×49
How this is measured
Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.
Closest unfunded matches
The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.
To provide investment and investment management and related services to the rector and the board of visitors of virginia commonwealth university (vcu), and/or to the private and independent foundations and other entities affiliated with…
The mission of vt-arc is to extend the impact of the virginia tech research and innovation enterprise, delivering superior analytic and technology solutions to government and non-government customers.
The launch place (tlp), a venture development organization located in danville, va and in the research triangle park, nc. the launch place invests in innovative start-ups in virginia and north carolina with a potential to create economic…
The mission of the northern virginia technology council (nvtc) is to accelerate tech innovation and promote a world class workforce. nvtc connects, educates, advocates and celebrates the region's thriving tech ecosystem.
Vcet's purpose is to accelerate innovation and entrepreneurship across vermont. this is accomplished by providing expert mentoring and technical assistance, the operation of coworking/incubation facilities and the operation of early stage…
The virginia renewable energy alliance (va-rea) promotes the development, use, and commercialization of renewable energy to increase business opportunities for industry to help achieve the commonwealth's growing energy demands while also…
To promote, encourage, and market scientific research by the faculty, staff and students solely for the benefit of virginia polytechnic institute and state university (virginia tech).
To promote economic development in the charlottesville and central virginia region.
To foster and support research at west virginia university (wvu) and to provide evaluation, development, patenting, management and marketing services for inventions by the faculty, staff, and students of wvu.
Acec virginia brings together engineering firms of all sizes to provide business support and advocacy.
To offer a wide range of strategic partnerships, academia, employment and community opportunities to the state, while promoting innovation and critical thinking within our workforce. Our vision is to catalyze economic growth and improve…
How this is measured
19 grantees tracked through their own filings, 2017–2025.
Each grant beside the grantee’s revenue from every source, year by year.
How this is measured
Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 19 of the 289 grantees resolved in that span have returns of their own we could reconcile.
Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.
Where the money sits, by cause and then by grantee
Showing the 200 largest grantees by grant value.
Each grantee by its size and the funder’s share of it; top left is load-bearing
Grantee by grantee: a decade per organization, before and after funding
A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.
- Who funds OLD DOMINION UNIVERSITY RESEARCH FOUNDATION ↗
- Who funds ROANOKE BLACKSBURG INNOVATION NETWORK ↗
- Who funds CHARLOTTESVILLE BIOHUB ↗
- Who funds STARTUP VIRGINIA INC ↗
- Who funds VIRGINIA BIOTECHNOLOGY RESEARCH PARK ACTIVATION CAPITAL ↗
- Who funds UNIVERSITY OF VIRGINIA PATENT FOUNDATION ↗
- Who funds VIRGINIA COMMONWEALTH UNIVERSITY INTELLECTUAL PROPERTY FOUNDATION ↗
- Who funds HANOVER COUNTY CLEAN TECHNOLOGY INNOVATION CENTER ↗
- Who funds STARTWHEEL CORP ↗
- Who funds 757 ACCELERATE INC ↗
- Who funds WIRELESS RESEARCH CENTER OF NORTH CAROLINA ↗
- Who funds VENTURE CENTRAL INC ↗
- Who funds THE ADVANCEMENT FOUNDATION INC ↗
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 tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Old Dominion University Research Foundation · 757 Accelerate Inc · Virginia Biotechnology Research Park Activation Capital · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation
How this is measured
How much its grantees rely on government
Each dot is one organization Virginia Innovation Partnership Corporation funds: left to right is the share of its income from government, bottom to top the share from Virginia Innovation Partnership Corporation. Bigger dots raise more.
How this is measured
Play a game based on Virginia Innovation Partnership’s filings →