GOVA Grant – Northern Virginia Smart Region Initiative: Investment and Growth
Smart City Works brings governments, universities, businesses, and nonprofit organizations together to lead the Northern Virginia Smart Region Initiative. Our goal is to develop a dynamic smart city technology ecosystem that will support the creation of innovative products and solutions, tackle local urban challenges, and expand equitable community development in the region.
With the Go Virginia grant, Smart City Works is filling a much-needed gap in supporting high-growth technology start-ups, and SMEs in Northern Virginia. The $1.9 million grant aims to accelerate growth among these innovative tech-based companies and create sustainable commercialization pathways to spur near- and long-term economic development.
*Seeking Tech-Based Startup Companies*
Interested in participating in an investor roundtable, business accelerator, or tradeshow event? Look no further!
Please refer to the Seeking Startups handout and complete the Company Registration Form to select from the multiple participation and collaboration activities that the Smart Region Initiative has to offer!
Program and Participation Activities
Angel Investor Trainings & Roundtables:
The Washington DC Arch Angels (WDCA), one of SCW’s main partners on the Go Virginia grant, are managing monthly Smart City Investor Roundtables.
Goal 1: Recruit and train 120 accredited angel investors
Goal 2: Present innovative tech-based products to the NoVa Smart Cities Angel Group (NSCA) for review, feedback, and investment opportunities
Expand Business Acceleration Program:
Build high growth urban tech ventures that improve the livability, sustainability, and resiliency of cities.
SCW’s sister organization, Smart City Works Venture Labs, operates a business accelerator. This intensive training and mentorship program supports companies in becoming market-ready and investable.
To learn more click here.
Tradeshows offer a unique opportunity for regional companies to efficiently connect with potential strategic partners and a pool of interested national and global investors.
Create Testbed and Pilot Opportunities and other pathways to commercialization:
4 testbeds and 10 project pilots and Innovation Challenges
Other Supporting Partners:
- Fairfax County
- Arlington County
- Fauquier County
- Fairfax County Economic Development Authority
- Herndon County
- City of Manassas
- Prince William County
- Stafford County
The Smart Region Initiative is powered by the U.S. Department of Commerce’s i6 Economic Development Challenge grant. Along with our partners from the private sector and local government, our goal is to make Northern Virginia the forefront of new innovation, new ways of doing business, and a new locus of economic growth and vitality that leads the nation.
Making an impact.
Accelerator Program Targets
cohort companies graduated
cohort companies led by women, minorities and veterans
new products launched by cohort companies
pilot/test beds established
Our goals to meet.
from our Apprenticeship Program
18 Smart Region Events
including demo days, thought leadership event, pitch competitions and networking events
created or retained
$9 Million Invested
in cohort companies