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Hospital Innovation Programs Directory

An independent editorial resource published by Lisa T. Miller

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Healthcare company-building profile

UVA Licensing and Ventures Group Seed Fund and Enterprise Studio

University of Virginia

AcceleratorUniversity acceleratorUniversityActive

Source-based profile

Program at a Glance

Program type
Accelerator
Program category
University accelerator
Organization
University of Virginia
Organization type
University
Location
Charlottesville, Virginia
Company stage served
Research or idea stage to Seed
Cohort or participation model
Rolling venture formation support; seed fund investments made case by case
Investment or funding offered
Yes
Published investment terms
LVG Seed Fund invests in qualifying UVA spinouts; terms not published
Equity or fee model
Not publicly documented
Clinical or hospital connection
Not publicly documented
Application status
Active

Public description

About the program

UVA Licensing and Ventures Group partners with faculty, researchers and investors to commercialize university innovations, running the LVG Seed Fund, an Enterprise Studio for venture formation and an I-Corps program alongside patent management and licensing. A substantial share of its spinout portfolio is biomedical, including therapeutics and diagnostics companies founded on UVA School of Medicine research. Faculty describe LVG as managing patents, negotiating licenses and introducing entrepreneurs to form companies.

What the program publicly emphasizes

Focus areas and features

Therapeuticsmedical devicesdiagnosticsuniversity spinout formation
  • Category: University accelerator
  • Program structure: Rolling venture formation support; seed fund investments made case by case
  • Published terms: LVG Seed Fund invests in qualifying UVA spinouts; terms not published

Publicly documented people and network

Program leadership and alumni

Notable alumni named in public materials
Adial Pharmaceuticals; Advaray; AgroSpheres; AMP3D; Angara

Sources

External source links open in a new tab.

  1. lvg.virginia.edu