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(Updated at 4:55 p.m.) Two technology companies in Tysons have each received $100,000 grants as part of a new state initiative intended to support projects that turn research into commercial products or services.
Gov. Ralph Northam announced yesterday (Monday) that Virginia will award $3.4 million in grants to 34 small, technology-focused businesses for the inaugural round of the Commonwealth Commercialization Fund (CCF), which launched in 2020 to help advance promising technology through the development process.
The Tysons-based recipients are the cybersecurity company Onclave Networks Inc. and Jeeva Informatics Solutions Inc., which is developing a cloud platform to help medical researchers recruit and work with patients for clinical trials.