Board approves $30,000 county match for Project RISE at VT Corporate Research Center

Aug 11, 2026

Montgomery County agreed to contribute $30,000 as part of a regional match for a Go Virginia grant supporting Project RISE, an ERC expansion at the Virginia Tech Corporate Research Center. Staff said the CRC and Virginia Tech will provide larger matching funds and that past CRC startups have led to local economic activity.

The full story

The Montgomery County Board of Supervisors voted 6–0 on Aug. 10 to approve a $30,000 contribution toward Project RISE, a Go Virginia‑funded initiative hosted at the Virginia Tech Corporate Research Center (CRC) to support technology commercialization, mentorship, and startup growth.

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