Center for Innovative Technology
Virginia’s Center for Innovative Technology helps Virginia companies to acquire technology, turn technology into a product and take technology-based products to the market. CIT was instrumental in raising Virginia’s ranking among states from 18th to 6th in the number of patents issued to universities and nonprofit institutions from 1987-1993.
CIT’s Mission & Strategic Plan
Virginia’s Center for Innovative Technology (CIT) is a state chartered, nonprofit organization dedicated to building Virginia’s future through technology. CIT’s mission is to enhance Virginia’s business competitiveness through technology innovation. With ten offices throughout the state, CIT provides access to technology expertise; expands Virginia’s R&D and technology infrastructure and creates collaborative environments to advance Virginia’s technology future.
CIT was created by the General Assembly of Virginia in 1984 as a nonprofit organization designed to enhance the research and development capability of the state’s major research universities. In its first decade, CIT implemented that original legislative intent by bringing Virginia businesses and institutions of higher education into relationships that promote a climate of cooperation and technological innovation.
In 1994, CIT adopted a new mission, one that measured CIT’s success in terms of jobs created/retained, companies created/retained/converted and competitiveness created for Virginia’s businesses. In the first three years of this new era, CIT assisted Virginia businesses in creating/retaining 9,854 jobs, creating/retaining/converting 222 companies and creating $278 million in competitiveness. In 1998, CIT assisted Virginia businesses in creating/retaining 10, 609 jobs, creating/retaining/converting 132 companies and creating $1.9 billion in competitiveness.
If you are interested in working with CIT, please contact the South Central Region offices at (804) 371-3433.