NonprofitsRoanoke-Blacksburg Innovation Network

Education

Roanoke-Blacksburg Innovation Network

BLACKSBURG, VA

Total revenue

$984K

Total expenses

$2.0M

Net assets

$1.4M

Grants received

$1.4M

13 grants

EIN

462975294

Tax year

2024

Mission

The organization supports the region by connecting, communication, and collaborating with stakeholders to grow and strengthen our innovation economy.

Programs

2 programs

The go virginia strengthening entrepreneurs' impact grant began on dec. 1, 2023, which supports the expansion of ramp (regional accelerator and mentoring program) by adding on ramp and exit ramp programming and resources to support early-stage entrepreneurs/startups, as well as later-stage ramp alumni companies in the technology and biotechnology sectors as they grow and scale. Ramp launched on ramp, a pre-accelerator program to reduce barriers to entry for early-stage startup companies. The exit ramp program was enhanced by formalizing and elevating continuing education resources for ramp alumni through networking events, trainings, mentorship support, and an investor roadshow.

Expenses: $201K

Eda - rbia received an eda economic adjustment assistance grant for the catalyzing entrepreneur impact and support project, which will provide additional outreach, professional development, and ecosystem travel support for on ramp and exit ramp. This two-year grant project will conclude at the end of august 2026, supporting our early-stage technology and biotechnology support taskforce, ecosystem navigator program (enp), and additional regional networking and collaboration support ramp offers in the innovation ecosystem. Second, on behalf of the regional accelerator & mentoring program (ramp), rbia also received reimbursement expenses in the amount of $20,000 from a separate city of roanoke eda funding for ramp.

Expenses: $83K

Financials

FY 2024

Revenue

Contributions & grants$919K
Program service revenue$52K
Investment income$13K
Other revenue
Total revenue$984K

Expenses

Grants paid
Salaries & benefits$728K
Fundraising
Other expenses$1.3M
Total expenses$2.0M
Total assets$1.4M
Net assets$1.4M

People

39 listed

NameRoleCompensation

JEFF SMITH

OFFICER: CO-CHAIR, EXECUTIVE COMMITTEE

Board

4 hrs/wk

JUSTIN YALUNG

OFFICER: TREASURER, EXECUTIVE COMMITTEE

Board

4 hrs/wk

DANIEL SUMMERLIN

OFFICER: SECRETARY, EXECUTIVE COMMITTEE

Board

4 hrs/wk

MICAH ALMOND

EXECUTIVE MEMBER

Board

2 hrs/wk

KEVIN BLOOMFIELD

EXECUTIVE MEMBER

Board

2 hrs/wk

HARVEY BROOKINS

EXECUTIVE MEMBER

Board

2 hrs/wk

DAVID CATALANO

EXECUTIVE MEMBER

Board

0

KATHY CLAYTOR

EXECUTIVE MEMBER

Board

2 hrs/wk

RUSS ELLIS

EXECUTIVE MEMBER

Board

2 hrs/wk

ANGELA JOYNER PHD

EXECUTIVE MEMBER

Board

2 hrs/wk

JEFF MERRITT

EXECUTIVE MEMBER

Board

2 hrs/wk

MARTY MUSCATELLO

EXECUTIVE MEMBER

Board

2 hrs/wk

PATRICK PATTERSON

EXECUTIVE MEMBER

Board

0

EDDIE AMOS

EXECUTIVE MEMBER

Board

2 hrs/wk

HENRY BASS

GENERAL DIRECTOR

Board

1 hrs/wk

GRANT BREWER

GENERAL DIRECTOR

Board

1 hrs/wk

JOHN CAPPS PHD

GENERAL DIRECTOR

Board

1 hrs/wk

NICK CONTE

GENERAL DIRECTOR

Board

1 hrs/wk

AMY ANKRUM

OFFICER: CO-CHAIR, EXECUTIVE COMMITTEE

Board

4 hrs/wk

ROB DAY

GENERAL DIRECTOR

Board

1 hrs/wk

ART ESPEY

GENERAL DIRECTOR

Board

1 hrs/wk

W HEYWOOD FRALIN

GENERAL DIRECTOR

Board

1 hrs/wk

MICHAEL FRIEDLANDER PHD

GENERAL DIRECTOR

Board

1 hrs/wk

CHERYL GIGGETTS

GENERAL DIRECTOR

Board

1 hrs/wk

JOSEPH BENEVENTO

GENERAL DIRECTOR

Board

1 hrs/wk

AILEEN HELSEL

GENERAL DIRECTOR

Board

1 hrs/wk

PAT HUBER PHD

GENERAL DIRECTOR

Board

1 hrs/wk

ELIZABETH MCCLANAHAN

GENERAL DIRECTOR

Board

1 hrs/wk

JOHN NEWBY

GENERAL DIRECTOR

Board

1 hrs/wk

JOHN RAINONE PHD

GENERAL DIRECTOR

Board

1 hrs/wk

JAMES RAMEY

GENERAL DIRECTOR

Board

1 hrs/wk

ROB SANCHEZ

GENERAL DIRECTOR

Board

1 hrs/wk

ROBERT SANDEL PHD

GENERAL DIRECTOR

Board

1 hrs/wk

BRIAN SOLLER PHD

GENERAL DIRECTOR

Board

1 hrs/wk

KIM SNYDER

GENERAL DIRECTOR

Board

1 hrs/wk

MARJORIE TENZER

GENERAL DIRECTOR

Board

1 hrs/wk

CLARK WORTHY

GENERAL DIRECTOR

Board

1 hrs/wk

STEVE CRITCHFIELD

GENERAL DIRECTOR

Board

1 hrs/wk

ERIN BURCHAM

PRESIDENT

Staff

$146K

40 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$100K
Program support
2023
$10K
DESIGNATED FOR THE 2024 TECH NIGHT AWARD
2023
$325K
Program support
2022
$10K
DESIGNATED FOR TECH NIGHT AWARD
2022
$100K
Program support
2021
$100K
General Support
2019
$115K
General Operations and Programs
2018
$85K
General Operations and Programs
2017
$23K
HUMAN SERVICES
2017

Funded by

$1.4M from 4 funders · 13 grants · 2017–2023

Carilion Medical Center

$825K · 6 grants · 2017–2023

Virginia Innovation Partnership

$500K · 3 grants · 2020–2023

National Philanthropic Trust

$33K · 2 grants · 2017–2022

Community Foundation Serving Western

$20K · 2 grants · 2022–2023

Details

EIN462975294
NTEE codeB03
Subsection03
Ruling date2014-09
Formed2013
Employees8
Volunteers47
ROANOKE-BLACKSBURG INNOVATION NETWORK — Mission, Financials & Grants Received | Grantivo