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Lighthouse Labs Getting $1 Million Grant Over Two Years From Activation Capital

Lighthouse Labs, a business accelerator in Richmond that offers mentoring to startup companies, is getting $1 million over two years to support its work.

The funding is the single largest grant Lighthouse Labs has received since it was founded in 2013.

Activation Capital, a nonprofit associated with the Virginia Biotechnology Research Park in downtown Richmond, announced the award as the first grant from a $5 million fund that it plans to distribute over five years to organizations that support entrepreneurship in the Richmond area.

For the full article, click here.

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We are honored to announce that the Richmond-Petersburg region is a winner of the national Build Back Better Regional Challenge and are thankful for the collaboration that made this transformative grant possible.

Learn more about the award and how it will spark transformational change.