West Virginia Business Resource Directory

Financial AssistanceS t a t e w i d eINNOVA Commercialization Group, an initiative of the WVHTC FoundationProgram: Commercialization Services and Early Stage InvestmentContactGuy Peduto, Director304.333.6769gpeduto@wvhtf.orgwww.innovawv.orgTargetAudienceFundingEntrepreneurs, Small Business and ResearchersFederal, State and FoundationTotal available:ApplicationProcessMinimum or maximum amount a participant can receive:Up to $250,000 per Early Stage investmentApplication for Services is available for download on the INNOVA website;www.innovawv.org or may be submitted electronically atinnovawv.ecenterdirect.comDeadlines:Applications are accepted on a continuous, daily basis.DescriptionINNOVA® is a statewide commercialization program focused exclusively onWest Virginia innovators. Our mission is to assist entrepreneurs and smallbusinesses by providing business development resources, professionalassistance and capital necessary to successfully launch new products into thecommercial marketplace. As part of that mission, INNOVA® is a primary providerof early stage capital in West Virginia.Technical assistance and commercialization services are provided by INNOVA®team members to its client base. Such assistance may include business planreviews, strategic planning sessions, financial modeling, etc. Additional support isalso available to qualifying clients to assist in the funding of professional servicesfrom accountants, attorneys, market researchers, web developers, etc. INNOVA®also provides assistance in the preparation of SBIR and STTR proposals.W E S T V I R G I N I A D E V E L O P M E N T O F F I C E D–1