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The Commonwealth · Virginia’s machinery

Virginia Innovation Partnership Corp.

Virginia’s state venture capital.

300+startups since 2004
$2B+private capital attracted
~35×leverage

Overview

VIPC invests through Virginia Venture Partners, which has backed more than 300 startups since 2004 and attracted $2B+ in private capital — roughly 35× leverage.

  • Launch Grants — $50K
  • Pre-Seed — up to $250K
  • Seed — $500K–$1M
  • Virginia Founders Fund — $175M+ in federal SSBCI capital

In the news

All stories
Commonwealth · February 2026
Lab-to-Launch gives faculty an “easy button” for startups

Standardized terms and $50,000 in commercialization funding for UVA faculty founders.

Connected across the map

The CommonwealthVirginia Founders Fund$175M+ SSBCIThe CommonwealthLab-to-Launch6 R1s · fast-trackCapitalLVG Seed I & II$20M · 2 exitsThe CommonwealthVirginia Catalyst$40M · 75 grants

More in The Commonwealth

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Virginia Founders Fund$175M+ SSBCILab-to-Launch6 R1s · fast-trackVirginia Catalyst$40M · 75 grantsGO Virginia Region 9$4.3M BioAcceleratorProject VITAL$14.3M · 1,315 jobsLife Sciences Package$66.7M + $100M matchTech Talent Program$1.1B / 20 years