Performance Measure
Report Filter
Export to
CSV
Excel
PDF
Help
Back to Report Menu
 
Agency Unknown (934)
Measure Name Amount of Venture & Angel Capital Dollars Attracted as a Result of the Center for Innovative Technology (CIT) Growth Acceleration Program (GAP)
Measure Last Modified
09-04-2019 03:20 p.m.
Measure Last Published
03-26-2019 12:51 p.m.
Status
Active
Data Source and Calculation
Data will be obtained from CIT GAP investment companies and captured in a CIT spreadsheet. The calculation will be the total venture & angel capital the company has attracted since CIT's investment.
Enterprise Priorities and Strategies
Initiative Priority Strategy
Economy Business Climate and Economic Development Promote Virginia’s competitive business climate to maintain the designation as the best state for business.
Economy Diversification Attract businesses to the Commonwealth that operate in new and growing fields in the 21st century economy. Targeted areas include cyber security and biosciences.
Associated Service Areas
Service Area Code Service Area Name
53415 Commonwealth Growth Accelerator Program
Targets and Baselines
Name Date Result Note
Baseline None
Short Target 2025 None None
Long Target 2027 None None
Results
Year Result Note
2013 127,176,748 The amount of 3rd party investments that 81 companies in CIT's portfolio obtained since the CIT GAP investment .
2014 233,364,187 The amount of 3rd part investments that CIT's portfolio obtained since the CIT GAP investment.
2015 391,286,708 The amount of 3rd party investments CIT's portfolio attracted as a result of CIT GAP investment.
2016 424,890,841 The amount of 3rd party investments CIT's portfolio attracted as a result of CIT GAP investment.
2017 583,958,300 The amount of 3rd party investments CIT's portfolio attracted as a result of CIT GAP investment.
2018 770,660,443 The amount of 3rd party investments CIT's portfolio attracted as a result of CIT GAP investment.
2019 922,741,846 The amount of 3rd party investments CIT's portfolio attracted as a result of CIT GAP investment.
2020 Data expected September 30, 2020 to coincide with legislative reporting.
Measure ID 934.0006
Measure Class Agency Key
Measure Type Outcome
Year Type State FY
Preferred Trend Increase
Frequency Annually
Statistical Unit Dollars
sp134 Performance Measure - 06-07-2025 05:15:33