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February 23, 2022 | Tom Ballard

Activation Capital, OHUB team-up on an initiative in the Richmond, VA region

Richmond, VA-based Activation Capital and Atlanta-based Opportunity Hub (OHUB) recently announced a partnership utilizing the latter’s nationally recognized programming specifically designed to increase the participation of black and brown founders in the high-growth community.

Over the next six months, Activation Capital and OHUB will deploy components of OHUB’s platform in the Richmond region including: (1) a launch event; (2) start-up master class for up to 100 participants; (3) month-long start-up bootcamp for up to 50 idea stage start-up companies with black and brown founders from the region; and (4) an investor pitch event. The partnership will leverage experts and talent pipelines from regional colleges/universities including those at Virginia Commonwealth University, Virginia State University, University of Richmond, Virginia Union University, Randolph-Macon College and Reynolds Community College as well as talent pools from regional tech enterprises.

Activation Capital, an independent authority of the Commonwealth of Virginia, operates the 34-acre Virginia Bio+Tech Park, the hub of life science and technology innovations in Central Virginia. The organizations also oversees the Cluster Accelerator for Advanced Pharmaceutical R&D and Manufacturing and supports the development and expansion of start-up ecosystem assets such as Lighthouse Labs, Startup Virginia, Dominion Energy Innovation Center, Riverflow Growth Fund and 757 Collab.

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