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Business Beat: RCBI funds innovations of entrepreneurs, small businesses

HUNTINGTON — The Robert C. Byrd Institute (RCBI) at Marshall University is continuing to assist entrepreneurs and small businesses as they innovate and expand markets during the COVID-19 pandemic. RCBI recently announced $42,000 in early-stage assistance to six additional West Virginia businesses and entrepreneurs. The latest awards support the development of a cross section of new products with commercial potential, according to RCBI Director and CEO Charlotte Weber. Including this latest round of seed funding, RCBI has awarded more than $765,000 to 189 entrepreneurs, startups and small businesses since 2012, she said. “Early-stage assistance helps small businesses and startups design and produce prototypes of new products, expand production and reach new markets,” Weber said.

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