Virginia Beach is partnering with The Center for Advancing Innovation to create the VABeachBio Innovation Challenge. The initiative will bring together entrepreneurs, industry and inventors who will compete to turn inventions from research labs into successful startup companies.
In a news release, the city said the challenge also seeks to help the region’s large concentration of veterans in health, employment and education. Inventions will be selected to target and improve veteran health care, and veterans will be given priority when competing to run the companies.
