UVa, local governments launch the “Catalyst Accelerator Program”

The University of Virginia, which is located in Charlottesville, has joined with the city and Albemarle County to create the “Catalyst Accelerator Program” to provide staff, workspace, advisers, programming and $20,000 grants for start-up businesses with a high potential of quick expansion.

In the next two years, the initiative is expected to select and support 20 early stage companies for the nine-month program. Applications for the first cohort open today and close August 23. The first class begins in the fall.

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