Commonwealth Commercialization granted awarded to MOVA
3/21/23 - RICHMOND, VIRGINIA, UNITED STATES/EINPresswire -- The Virginia Innovation Partnership Corporation, today announced that MOVA Technologies, Inc. has been awarded a Commonwealth Commercialization Fund grant for $75,000. VIPC’s CCF programs have distributed more than $47 million to Virginia-based startups, entrepreneurs, and university-based inventors since 2012.
Based in Pulaski, Va., MOVA Technologies is a climate tech company specializing in sustainable air emissions technology to selectively capture and harvest airborne contaminants as valuable byproducts that can be sold and reused. This CCF grant will be used by MOVA to complete a ventilation pilot test at a poultry farm; success in the pilot will validate the company’s technology and approach.
“We are thrilled to receive a CCF grant from VIPC,” said John Schott, CEO of MOVA Technologies. “This funding enables us to test our patented air filtration technology on animal production operations and helps the agriculture sector implement climate-smart practices to curb greenhouse gas emissions.”
“We are pleased to award a CCF grant to MOVA Technologies,” said Sean Mallon, VIPC’s VP for Commercialization. “VIPC’s CCF grant program plays an important role in getting funding to Virginia-based pre-seed and seed-stage startups when they need it most. Our goal is to help Virginia companies grow and lead the nation in innovation, opportunity, and job creation. MOVA’s plan for collecting and reselling gases like methane from industrial farming operations could improve economics for farmers while lowering farms’ carbon footprints.”
CCF accepts applications and awards funding on a rolling basis to Virginia’s small businesses and university-based innovators. This competitive grant program seeks to fund high-potential Virginia-based
for-profit technology companies at the early stage of commercialization and provides grants up to
$75,000. The grants support early technology and market validation efforts such as customer discovery, market research, business model validation, development of prototypes or a minimum viable product (MVP), customer pilots, intellectual property protection, team development, and more. For more information on funding opportunities and eligibility requirements, or to apply visit: www.VirginiaIPC.org (http://www.virginiaipc.org/)
About Virginia Innovation Partnership Corporation (VIPC)
VIPC: Connecting innovators with opportunities. As the nonprofit operations arm of the Virginia Innovation Partnership Authority (VIPA), VIPC is the commercialization and seed-stage economic development driver in the Commonwealth that leads funding, infrastructure, and policy initiatives to support Virginia's innovators, entrepreneurs, startups, and market development strategies. VIPC collaborates with local, regional, state, and federal partners to support the expansion and diversification of Virginia’s economy.
Contact:
Steve Critchfield, President
MOVA Technologies, Inc.
scritchfield@movatechnologies.com