Latest

LendPro Secures Petland Relationship

Charlottesville, Virginia – July 20, 2015 – Petland, Inc. and LendPro today announced a Petland corporate wide partnership, incorporating in to its consumer finance operation LendPro’s Open-to-Buy technology platform. LendPro has partnered with industry-leading consumer finance lenders to create a streamlined and very effective way to enable retailers to approve more consumers for financing, thereby empowering them to sell more goods.

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Charlottesville-based Quad-C Closes Acquisition of WOLF

Charlottesville, VA, July 9, 2015 – Quad-C Management, a leading middle market private equity firm, announced the firm has closed on an investment in York, Penn.-based WOLF, the largest distributor of kitchen and bath cabinetry in the U.S. and a leading provider of trim, railing, decking, siding and other building products.  Terms of the deal were not disclosed.

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HemoShear Therapeutics Names Robert Gould to Board of Directors

[Charlottesville, VA - July 9, 2015] -- HemoShear Therapeutics, a privately held discovery stage biotechnology company, announced today the appointment of Robert J. Gould, Ph.D., President and CEO of Epizyme, Inc., to the HemoShear Therapeutics Board of Directors.  Dr. Gould brings more than 30 years of experience in the pharmaceutical and biotechnology industry.

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CBIC's 2015 Student Entrepreneur Nick Anglin Presented His Invention at the White House

13-year old Albemarle county-based student from Sutherland Middle School, Nick Anglin, CBIC's inaugural Student Entrepreneur award recipient, recently traveled to Washington, D.C., to present a prototype of his invention at the White House during an event called Celebrating Innovations in Career and Technical Education. Bredder said Nick was the only middle schooler presenting...

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CIT Releases White-paper for Broadband Expansion in Virginia

Guide gives communities roadmap to developing broadband strategies, deployment

July 9, 2015 (HERNDON, Va.) – The Center for Innovative Technology (CIT) released today the whitepaper, “Improving Broadband Access and Utilization in Virginia: Recommendations for Locality-led Broadband Initiatives in Virginia.” The document compiles data and knowledge gained using funds from the American Recovery and Reinvestment Act of 2010 to help communities accelerate broadband deployment. 

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Defense Intelligence Agency Rivanna Station Fellowship Program

The Defense Intelligence Agency (DIA) Rivanna Station Fellowship Program is an opportunity for local businesses to host DIA employees to complete professional development assignments. The fellowship allows the Charlottesville community to receive temporary skilled labor, potentially to fill critical short-term need, while the local DIA workforce has the opportunity for professional development outside of the formal classroom. MORE

CBIC Board Member and Equestrian Pays It Forward

If you spend any time at the Virginia Horse Center (VHC), you're bound to come across Gardy Bloemers. She may be competing in the dressage arena, advising the management on a fundraiser or helping sell raffle tickets, but one way or another she is sure to be engaged in an activity that benefits the center.

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Charlottesville-based Quad-C Management Announces Sale of Dental Care Alliance

Charlottesville, VA, July 6, 2015: Quad-C Management, a leading middle market private equity firm, today announced that the firm and its management partners have sold Dental Care Alliance (DCA), one of the largest multi-branded, dental-practice management companies in the United States, to New York-based private equity firm Harvest Partners, LP. Terms of the deal were not disclosed.

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TypeZero Technologies Receives CIT GAP Funding to advance development of artificial pancreas technology

The Center for Innovative Technology (CIT) has announced that its CIT GAP Funds has invested in TypeZero Technologies, LLC, an early-stage medical technology company with a proprietary intelligent control system that improves the safety, outcomes and quality of life for patients with Type 1 and Type 2 diabetes. CIT GAP Funds led TypeZero’s seed round, which included several other investors.

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Cavion Presents Clinical Trial Data at ASCO

Charlottesville-based Cavion LLC, a pharmaceutical company developing T-type calcium channel inhibitors for the treatment of solid tumors and neurologic diseases, presented preliminary results from an ongoing multi-site National Cancer Institute Adult Brain Tumor Consortium (ABTC) and Cavion-sponsored Phase 1b clinical trial at the 2015 Annual Meeting of the American Society of Clinical Oncology (ASCO) on June 1. Matthias Holdhoff, MD, PhD of the Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins discussed this dose escalation trial, completed enrollment in November 2014, evaluates the safety and pharmacokinetics of Cavion’s novel cancer drug mibefradil when sequentially administered with temozolomide in patients with recurrent high-grade glioma.

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Techstars Announces Class of 2015: Virginia-born Borrowing Magnolia Selected

We are excited to announce the 2015 Techstars class in Boulder! Our program begins June 15th, and will wrap up with a demo night on September 9th.

As in previous years, the quality of applicants and companies we’ve met on our journey to select these 10 companies has been truly inspiring. The caliber of entrepreneurs and product innovations continue to impress. We’d like to recognize and thank you all.

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