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Commonwealth Commercialization Grant Awarded to MOVA
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3/21/23 via EINPresswire (Richmond, VA.) - 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 Ag-Tech company specializing in sustainable air filtration 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 business-smart practices to increase the resilience and security of U.S. food production.”
“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 increasing productivity and improving their bottom line.”
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.
About MOVA Technologies:
MOVA Technologies is a forward-thinking company dedicated to developing advanced air filtration solutions for agriculture and industry. Our technology improves air quality, enhances farm efficiency, and strengthens the resilience and security of U.S. food production. Our advanced gas capture and filtration technologies go beyond agriculture, addressing airborne contaminants across diverse industrial sectors.