National Innovation Quarter Secures $3.93 Million for Alexandria Tech Lab Launch

1 articles · Updated · ALXnow · Jul 7

$3.93 million in Go Virginia grants will fund the National Innovation Quarter’s startup programming, including an $800,000 Alexandria innovation lab planned for Potomac Yard.
Nearly $2 million in local matching funds back the effort, with Alexandria budgeting $200,000 now and expecting to seek another $200,000 next year to meet the state requirement.
The lab will be developed with Virginia Tech, the City of Alexandria and Arlington County to give entrepreneurs space to test, commercialize and scale new technologies.
The broader innovation district, launched in February in National Landing, is also using the grants to build nonprofit operations, workforce programs and four accelerator initiatives.
That push builds on a 15,000-square-foot Crystal City hub and a partner network that includes Amazon, Northrop Grumman, SAIC, Virginia Tech and JBG Smith.