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Shenandoah Community Capital Fund


Staunton, VA

Build to Scale Program

Venture Challenge

Project Name

The REV Initiative - Creating a Scalable Tech Ecosystem in the Shenandoah Valley

Award Amount

Federal Share

Local Match



The REV Initiative will capitalize on existing momentum within the entrepreneurial ecosystem by elevating the region’s innovation and creating pathways to scalable tech entrepreneurship.

The REV Initiative will create this vibrant scalable tech startup ecosystem by:

  1. Engaging the local community to create a regional vision
  2. Building a digital, interactive hub to host entrepreneurial ecosystem resources and participants
  3. Incubating Valley Tech Entrepreneurs

Leveraging the region's existing collaborative relationships, the REV Initiative will identify entrepreneurs with scalable tech ideas; provide equitable access to support, resources, dedicated tech incubation and acceleration; and demonstrate that the Valley can create alternative pathways to startup success. Over the project period, the REV Initiative will create at least 15 scalable technology businesses, support 36 new tech entrepreneurs, and generate 50 new high-paying jobs. The positive spillover effects of spending by these businesses and employees will have an outsized impact on this rural region.

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Office of Innovation and Entrepreneurship (OIE)

Build To Scale (B2S)
formerly Regional Innovation Strategies Program (RIS)

SPRINT Challenge

STEM Talent Challenge

Accelerate R2 Network Challenge

National Advisory Council on Innovation & Entrepreneurship (NACIE)

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