RD350 - Center for Innovative Technology FY2016 Annual Report


Executive Summary:
The Center for Innovative Technology (CIT) accelerates innovation by building public-private initiatives that bring government, industry and universities together to help entrepreneurs create new companies, help government improve performance, and help community leaders lay the foundations for their innovation economies. CIT, a not-for-profit corporation, carries out its mission through five service lines: CIT Entrepreneur, CIT R&D, CIT Connect, CIT Broadband and the MACH37 Cyber Accelerator. Through these activities, CIT leverages public and private sector investments to develop Virginia’s new innovation economy, creating new, high-growth companies and sustainable job growth.