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Virginia awards grants to Tysons tech businesses for commercial research projects

via Alesia Kazantceva/Unsplash
(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. ....

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CIT GAP Funds Invests in AtWork Systems to Support SMBs with Solutions for Streamlined Business Operations

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Richmond, VA, March 16, 2021 (GLOBE NEWSWIRE) The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has invested in Herndon, Va.-based AtWork Systems, developer of a fully integrated, complete back office business solution for SMB government contractors. AtWork s OneLynk platform provides end-to-end business processes and real-time analytics, allowing business owners to focus on growing their organizations. The company will use this investment to support growth and continued technology enhancements.
Most large organizations today use a wide range of solutions to address common pain points in their businesses, such as workforce, project and financial management, as well as business continuity, security and compliance. Small businesses, on the other hand, are limited to solutions that are siloed, expensive and unsecured. The OneLynk platform by AtWork combines HR, accounting, payroll, project management, and workflow into one cohesive syste ....

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