Governor Glenn Youngkin Appoints Additional Board Members to the Virginia Biotechnology Research Partnership Authority (dba Activation Capital)

Two New Appointees Bring Technology, Growth, and Transformation Expertise to Build Upon the Authority’s Thriving Innovation Ecosystem

RICHMOND, Va., November 13, 2024 – Activation Capital, an innovation ecosystem development organization, today announced Governor Glenn Youngkin’s appointment of Brian Anderson and Barrett E. Clark to the board of the Virginia Biotechnology Research Partnership Authority (dba Activation Capital). As a political subdivision of the Commonwealth, the Authority Board manages the assets of Activation Capital and collaborates with its leadership to grow the regional innovation economy. The new appointments will further strengthen the organization’s strategies to bolster the number of tech ventures scaling in the region and accelerate innovation in life sciences and technology. 

“Activation Capital is honored to welcome Brian Anderson and Barrett Clark to the Authority Board as we work together to strengthen the spirit of Virginia while transforming our region,” said Robert Ward, interim president and chief executive officer of Activation Capital. “The Commonwealth was recently recognized as America’s Top State for Business because of bold business leaders like Brian Anderson and Barrett Clark, who are contributing to our thriving ecosystem that empowers entrepreneurs, innovators, and problem solvers.”

In September 2019, Brian Anderson was appointed president and CEO of ChamberRVA, a regional chamber of commerce representing the Greater Richmond region. Prior to coming to Virginia, Anderson served as the president and CEO of the Greater Columbus GA Chamber of Commerce from 2015–2019. He began his chamber career at the Greater Dalton Chamber of Commerce in 2008 and served seven years in that capacity. Anderson earned his Institute of Organizational Management certification from the U.S. Chamber in 2012. Before becoming a chamber of commerce professional, he served four years in the U.S. Army as a Military Intelligence Officer, and eighteen years in the beverage industry with both Coca-Cola and Anheuser-Busch. He also served as the elected chairman of the Whitfield County, Georgia Board of Commissioners from 2005–2008.

Joining Anderson on the Virginia Biotechnology Research Partnership Authority Board, Barrett E. Clark will bring extensive experience as Vice President of Health System Services at Centauri Health Solutions, where he supports technology, growth strategy, and revenue cycle solutions for providers and hospitals. Centauri acquired Ivy Ventures, where Barrett was a Partner. Prior to joining Ivy Ventures, Barrett was part of the FP&A group at Wachovia Securities, received a Bachelor of Science in Investment Finance in 2007 from Virginia Tech, and served as CEO of SEED.

“Brian Anderson and Barrett Clark will add tremendous value to the Virginia Biotechnology Research Partnership Authority Board as part of its mission to grow life sciences and other advanced technology innovation,” said Authority Board Chair and VCU President Michael Rao, Ph.D. “Our continued work to expand these sectors in Central Virginia and support entrepreneurs and innovators here will be enhanced by their extensive experience, and I warmly welcome them both to the board.” The appointment of the new board members for the Authority coincides with the introduction of new programming and milestones by the Activation Capital. In September, the ecosystem development organization announced the launch of Start-the-Journey, a new BioHealth Pre-Accelerator designed to equip early-stage biotech and life science entrepreneurs with the knowledge and tools to build successful startups. Activation Capital also recently announced the selection of 10 fast-growing startups from across the country for its inaugural Frontier BioHealth program, which provides highly specialized training, targeted mentorship, and extensive relationship-building opportunities to accelerate growth in the life sciences and healthtech sectors.

About Activation Capital 

Activation Capital is a leading innovation ecosystem development organization providing social, knowledge, and financial capital to clusters, entrepreneur support organizations, and entrepreneurs – accelerating their progress through development and maturation. Activation Capital, an independent authority of the Commonwealth of Virginia, is on a mission to grow life sciences and other advanced technology innovation by promoting scientific research, commercialization, and ecosystem development that attracts and creates 21st-century jobs and companies. It oversees the Cluster Accelerator for Advanced Pharmaceutical R&D and Manufacturing and supports developing and expanding the region’s startup ecosystem. For more information, visit www.activation.capital.