Capital Region, April 9th, 2024 - Capitol Regional Innovation Network (CRICC) and GrantVEST.ai
are excited to announce a strategic partnership aimed at fostering innovation and expediting the
commercialization of intellectual property within the Capital Region and beyond.
CRICC, a leading organization dedicated to supporting innovation and entrepreneurship in the
Capital Region, has joined hands with GrantVEST, an intelligence platform specializing in
supporting commercialization efforts, particularly in intellectual property (IP) management and
development.
The collaboration between CRICC and GrantVEST comes at a critical juncture, where innovative
ideas need robust support systems to transition from conception to market-ready solutions. By
leveraging GrantVEST's advanced technological capabilities and CRICC's extensive network and
resources, this partnership aims to streamline the commercialization process for startups,
researchers, and entrepreneurs in the region.
"CRICC is committed to nurturing a thriving innovation ecosystem in the Capital Region, and
strategic partnerships like this one with GrantVEST are instrumental in achieving our goals,"
said Kenneth Clark, President at CRICC. "By combining our strengths, we can provide innovators
with the tools, support, and guidance they need to transform their ideas into successful
ventures." Additionally, CRICC sees the GrantVEST platform as an excellent tool for upgrading
the technical assistance provided to entrepreneurs seeking guidance on how to grow their
businesses. The objective evaluations of their business plans and operations and providing them
with curated options for finding the necessary capital and other financing for growth will greatly
enhance support for starting and growing businesses. GrantVEST's intelligence platform offers a
suite of services tailored to support the commercialization journey, including IP assessment,
market analysis, and access to alternative capital. Their market opportunity reports also provide
a roadmap to growth and success for all businesses. Through this partnership, CRICC members
and affiliated entities will gain access to GrantVEST's cutting-edge AI tools and expertise,
enabling them to make informed decisions at every stage of the commercialization process as
well as guide entrepreneurial start-ups and businesses seeking to expand on the market
potential.
"We are thrilled to collaborate with CRICC to empower innovators and entrepreneurs in the
Capital Region," said Osa Aihie and Virginia Chau, Co-founders at GrantVEST. "Together, we can
bridge the gap between innovation and commercial success by providing actionable insights and
strategic guidance that drive growth and competitiveness."
The partnership between CRICC and GrantVEST underscores their shared commitment to
fostering innovation, driving economic growth, and building a vibrant ecosystem where ideas
flourish. By combining forces, they aim to catalyze the commercialization of groundbreaking
technologies and solutions that will shape the future of the Capital Region and beyond while
leveraging AI and networking for market penetration, business developme nt, and capitalization
for small and minority businesses.
For more information about Capitol Regional Innovation Cluster Consortium (CRICC), visit www.cricc-inc.com.
To get a free Market Readiness review from CRICC's GrantVEST tool, click here.
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