2019 IMPACT REPORT

TABLE OF CONTENTS
Illustration for SVA Builder Series
Who We Are
Illustration for Goal Setting
Impact Report
Illustration for Ideas
People
Illustration for Work
Programs
Illustration for Location
Place
Illustration for Objective Feedback
Why SVA?
Illustration for CVA Angels
Support SVA

Introduction

Who We Are

At Startup Virginia, we champion passionate entrepreneurs who are turning today’s potential into tomorrow’s progress.

SVA is a nonprofit, high-growth business incubator dedicated to advancing businesses that build a long-term, sustainable economy for Virginia. Our community includes 78 startups, 200+ mentors, 21 corporate partners, and a regional investors network. SVA also provides free entrepreneurial guidance and education that is open to all.

Rich talking with founders
Credit: RTD
OUR MISSION

Startup Virginia connects the startup community with exceptional mentors and extensive programs in a dynamic workspace to create businesses that dramatically shape the economic landscape of Virginia.

OUR GOALS
  • Help startups grow faster and smarter than they would on their own.
  • Anchor Richmond’s identity as a startup hub, and enhance Virginia’s position as a high-growth startup destination.
  • Solidify our business operations, strengthen our sustainability, and increase our capacity to serve members.
sva-timeline
FINANCIAL MODEL

SVA is a 501(c)(3) nonprofit with an annual operating budget of $728,933 for FY2020.

Financials-Expenses
43% of SVA's revenue is earned through membership fees
57% - SVA's budget gap. $412,778 is needed to sustain programming.

STARTUP VIRGINIA IMPACT REPORTS

TABLE OF CONTENTS
Illustration for SVA Builder Series
Who We Are
Illustration for Goal Setting
Impact Report
Illustration for Ideas
People
Illustration for Work
Programs
Illustration for Location
Place
Illustration for Objective Feedback
Why SVA?
Illustration for CVA Angels
Support SVA