Georgetown University


Washington, D.C.

Project Name

Georgetown Tech Ventures

Award Amount

Federal Share: $750,000
Local Match: $750,001

This EDA investment will support the Georgetown Tech Ventures’ (GTV) efforts to implement a new research translation program that will focus on and enable technology-based startups to effectively contribute to the economic ecosystem in the Washington, D.C., Maryland, and Virginia (DMV) region. GTV will allow Georgetown University to develop a platform and capacity for translation from the lab to startup formation, thus elevating the D.C. ecosystem specifically and the DMV ecosystem more broadly.

The goal of GTV is to assist new startups in the essential role of advancing innovation using proven strategies, such as: (1) outreach and recruitment of diverse local innovators and entrepreneurs; (2) cultivation of external relationships with industry partners and investors/incubators/accelerators; (3) training for new inventors, including customer discovery training; (4) mentorship; (5) startup support services; and (6) cultivation of a university culture of entrepreneurship and research translation. The successful completion of the project seeks to increase research- and technology-based startup ventures, boosting the city’s contribution to a regional technology ecosystem.