EIR Program

Entrepreneurs in Residence

In 2019, LVG launched an ‘EIR’ program of experts, entrepreneurs, and executives in residence to accelerate startup formation from the UVA research portfolio. We were able to significantly scale the program and contribute to the growth of the Charlottesville innovation ecosystem thanks to our strategic partners.

Supported by the UVA Office of Economic Development, Albemarle County Economic Development, and the City of Charlottesville Office of Economic Development (OED), the LVG EIR program is now a powerful resource offering UVA faculty innovators access to seasoned professionals with experience in early-stage technology commercialization and new venture creation.

By expanding its scope of this program, we have also been able to extend our resources in support of our community partner, CvilleBioHub, to launch their own EIR program. In December 2019, CvilleBioHub was awarded $548,000 from the GO Virginia initiative to lead the growth and expansion of the biotechnology innovation cluster in Central Virginia.

Our first cohort of EIRs includes leaders who are UVA alumni, founders, and investors who possess business acumen, industry experience with early tech commercialization, strategic planning, and fundraising. Two of the EIRs in our first cohort have successfully launched and sold UVA startup companies in the last decade.