Funder DirectoryVIRGINIA INNOVATION PARTNERSHIP
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Grantmaking public charityEIN 541282820

VIRGINIA INNOVATION PARTNERSHIP

HERNDON, VA 20170

Total Assets

$80.0M

FY 2023

Annual Giving

$8.0M

FY 2023

Grants Made

95

FY 2023

Avg Grant

$85K

FY 2023

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$8.1M

The commonwealth commercialization fund (ccf) drives economic growth by providing private sector and higher education grant funding for innovative technology research, development, and commercialization in virginia. In total, more than $60m has been awarded to 670 projects. Since the program's inception, awardees have reported more than $1.8b in follow-on funding and more than $227m in generated revenue.

Program 2

$5.3M

Under vipc's contract with the us department of homeland security science and technology directorate is the commercial first innovation program. Key priorities include counter-unmanned systems mitigation, detection of environmental threats, and other public safety-related technologies. Strategic initiative efforts has strategically positioned the commonwealth of virginia to assume a national leadership role in aerospace & defense (a&d), public safety, and public private sector data governance and risk mitigation as new opportunities and challenges evolve. Other program initiatives include: smart communities, partnerships with other commonwealth agencies, and the public safety innovation center.

Program 3

$10.4M

Description: other program services1. Entrepreneurial ecosystems2. Unmanned systems3. Federal funding assistance program

Focus Areas

Science & Technology

Financial Snapshot

2023 filing

Total Revenue

$47.4M

Total Expenses

$39.4M

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $9.0M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

373 grants

THE RECTOR AND VISITORS OF UVA
$1.8M
1 grant
VIRGINIA TECH
$1.5M
3 grants
VIRGINIA COMMONWEALTH UNIVERSITY
$1.2M
2 grants
GEORGE MASON UNIVERSITY
$375K
2 grants
COLLEGE OF WILLIAM & MARY
$276K
2 grants

Grant Size Distribution

373 grants

<$10K
1
grants
$10–50K
208
grants
$50–250K
157
grants
$250K–1M
6
grants
$1–5M
1
grants
$5M+

Geographic Focus

2 states

Virginia
$27.0M
100% of total
District of Columbia
$40K
0% of total

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