As of Thursday, there are changes happening in the Virginia funding scene.
Robert Stolle, the president and CEO of the Virginia Innovation Partnership Corporation (VIPC), announced his departure from the organization. Stolle has worked with the funder for 13 years and was promoted to the top role three years ago after serving as the senior VP of operations.
During his tenure, Stolle most prominently saw the organization’s rebrand from the Center for Innovative Technology to VIPC, which included consolidating programs created to help boost tech and entrepreneurship in the state. In his time with the organization, Stolle said that VIPC has gone from making under $3 million in investments each year to bringing in $12 million annually.
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