CvilleBioHub, a nonprofit biotech accelerator and education organization, has received a $100,000 grant from Go Virginia, a state economic development initiative.
The organization was founded in 2016 and serves as a point of convergence for biotech startups in Charlottesville and Albemarle County.
“We are seeing growth and have become the go-to resource when thinking strategically about biotech in our community,” Executive Director Nikki Hastings said. “We have built strong connections between people and companies and helped bridge that gap to the [University of Virginia].”
It is the third grant from Go Virginia. The largest was a $548,000 grant in 2019, which helped launch the organization.
Hastings said the latest grant allows the CvilleBioHub to address the lack of laboratory space in the region. Biotech startups need access to quality lab space and CvilleBioHub has investigated the issue over the last several years. Through the process, the organization connected with…
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