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Central Virginia to fast-track development of advanced pharmaceutical manufacturing with launch of ‘cluster accelerator’

By October 11, 2021News
Production line of beauty and healthcare products H47XNRF

Production line of beauty and healthcare products H47XNRF

RICHMOND, Va., Oct. 4, 2021 /PRNewswire/ — Activation Capital, a leading entrepreneurship and ecosystem development organization, announced the launch of a cluster accelerator to catalyze the growth of advanced pharmaceutical manufacturing and R&D in Central Virginia. A coalition of private-public entities from Greater Petersburg and Greater Richmond helped form the accelerator, secured $2.5M in seed funding from GO Virginia and others, and appointed Activation Capital as the organizing entity – a first-of-its-kind initiative for the Commonwealth of Virginia.

 

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