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Virginia Ranked Top 10 in U.S. for Venture Capital Investment by National Venture Capital Association – Virginia’s Highest Ranking in Over 15 Years

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$2.5 Billion of Venture Capital Investment Poured into Virginia in 2023

RICHMOND, Va., Sept. 30, 2024 /PRNewswire/ — The Virginia Innovation Partnership Corporation (VIPC) hosted the President of the National Venture Capital Association (NVCA), VIPC Board members, and local ecosystem stakeholder leaders at Amazon Visitors Landing at Amazon HQ2 in Arlington, Virginia to celebrate Virginia’s top 10 national ranking for venture capital investment activity during 2023, as reported by Pitchbook-NVCA’s latest Venture Monitor industry data. NVCA reported approximately $2.5 billion of venture capital investment activity during 2023 in Virginia, ranking Virginia the 8th highest state in the country and ahead of other states such as Illinois, Pennsylvania, Maryland, New Jersey, North Carolina, Tennessee, Georgia, Delaware, and Ohio. This is Virginia’s highest venture capital national ranking, and the first time Virginia has climbed back into the top 10, in over 15 years according to Pitchbook/NVCA reported data.

Virginia Nationally Ranked In The TOP 10 for Venture Capital Investments

A theme at the VIPC hosted event was Virginia cultivating a culture of growth, opportunity, and collaboration that is contributing to a thriving business environment for entrepreneurs, innovators, startups, businesses, and investors. Virginia’s top 10 national ranking for venture capital investment also coincides with Governor Glenn Youngkin recently announcing Virginia being ranked #1 Top State for Business in America by CNBC and Virginia realizing a record 10,000 new high-growth startups launched in the Commonwealth over just the past two years. 

The President of NVCA delivered a keynote address at the event which was attended by Virginia Secretary of Commerce Caren Merrick, State Senator Saddam Azlan Salim, and local stakeholder leaders representing Arlington, Alexandria, Fairfax county economic development authorities; Northern Virginia Black Chamber of Commerce; George Mason University and Virginia Tech Innovation Campus; the Commonwealth of Virginia; and the entrepreneur startup and venture capital community.

VIPC President and CEO, Joe Benevento, remarked, “Virginia’s top 10 national ranking demonstrates how dynamic high-growth companies in Virginia are offering VCs from across the country compelling opportunities to deploy capital. Capital fuels growth and VIPC looks forward to fostering continued private sector engagement and investment within our thriving entrepreneur ecosystems, including through our new Virginia Invests venture capital partnership initiative.”

Bobby Franklin, President and CEO of NVCA, commented, “Virginia is asserting itself as a key leader in the venture capital industry. The Commonwealth is not only competing but outpacing other states in attracting investment, thanks to its supportive innovation landscape and growing pipeline of startups.”

VIPC & Virginia Invests

VIPC is Virginia’s statewide economic development authority for advancing innovation, technology, commercialization, entrepreneurship, startups, and venture capital investment. Since 2004, VIPC has helped catalyze and leverage over $2 billion of cumulative investment capital from the private/public sector which has supported Virginia-based early-stage companies, technology commercialization, and innovation ecosystems.

In May 2024, VIPC launched a new venture capital partnership initiative called Virginia Invests, which is designed to expand access to early-stage capital and catalyze investment from both in-state and out-of-state investment fund networks into Virginia-based startups.  VIPC has initially partnered with seven venture capital fund managers who combined have committed to invest at least $100 million in Virginia-based startup companies as well as participate in a number of local entrepreneur ecosystem events and engagements throughout Virginia over the next five years.  Two of these fund managers have also relocated their headquarters, or plan to expand new offices, in Virginia.  VIPC expects Virginia Invests to attract at least $10 of private sector investment for every $1 committed by VIPC (10:1 leverage).

VIPC’s Virginia Venture Partners Managing Director, Tom Weithman, stated, “Our top 10 national ranking by NVCA is a testament to Virginia’s sustained commitment to a robust innovation and technology landscape which supports the next generation of great companies to launch, grow, and scale here in the Commonwealth.” 

Learn More about VC opportunities and VIPC: www.VIPC.org.

About Virginia Innovation Partnership Corporation (VIPC)
Connecting innovators with opportunities. VIPC operates as the nonprofit corporation on behalf of the Virginia Innovation Partnership Authority (VIPA). VIPA / VIPC is Virginia’s designated authority for leading innovation and economic development in the Commonwealth of Virginia through research, commercialization, and technology advancement; entrepreneurship, startup, and venture capital growth; and regional ecosystem, innovation network, and industry sector expansion. As part of its operations, VIPC helps attract and catalyze private investment into early-stage startup companies, provides research and technology commercialization grants to universities and entrepreneurs, and offers resource and funding support for entrepreneurial ecosystems, innovation networks, and public-private partnerships at local, state, and federal levelsVIPC’s programs include: Virginia Invests | Virginia Venture Partners (VVP) | Commonwealth Commercialization Fund (CCF) | Entrepreneurial Ecosystems Development | Regional Innovation Fund (RIF) | Smart Communities | The Virginia Smart Community Testbed | The Virginia Unmanned Systems Center | Virginia Advanced Air Mobility Alliance (VAAMA) | The Public Safety Innovation Center (PSIC) | Federal Funding Assistance Program (FFAP) for SBIR & STTR | University Partnerships | Startup Company Mentoring & Engagement.

For more information, please visit www.VIPC.org. Explore the latest news from VIPC and images from VIPC-supported stakeholder events. Follow VIPC on FacebookX, and LinkedIn.

Contact
Angela Costello
VIPC, VP of Communications & Marketing
Angela.Costello@VirginiaIPC.org
757-870-6848

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SOURCE VIPC

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Aimbridge Hospitality Introduces Aimbridge Intelligence Data and Reporting Tool

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New industry-leading data tool provides expanded functionality designed for owners

PLANO, Texas, Sept. 30, 2024 /PRNewswire/ — Aimbridge Hospitality, a leading, global hotel management company and the world’s largest third-party hotel operator, is strengthening its technology leadership in the industry with a newly developed proprietary data reporting platform called Aimbridge Intelligence, built to provide greater transparency and collaboration with owners.

Housed in OwnView, a dedicated portal exclusively available to Aimbridge owners, Aimbridge Intelligence creates new opportunities for owners with seamless access to information, including key performance data intended to offer greater flexibility and self-service capabilities to complement the work of property support teams.

“We are constantly striving to be the most trusted hotel operator in the industry, and we are committed to solving challenges and celebrating successes with our owner partners, which led to the creation of OwnView and Aimbridge Intelligence to further prioritize their needs,” said Craig S. Smith, Aimbridge CEO. “This technology offering is another important step we are taking as part of a new chapter at Aimbridge, providing transparent, collaborative solutions for our owners while holding ourselves accountable in our performance-driven culture.”

Built on Power BI to automate data integration and updates, Aimbridge Intelligence gives owners near real-time access to STR performance, RevPAR Index, profitability, guest service, and turnover data. Through this data tool, owners can view the metrics associated with their individual hotels or an entire portfolio, allowing for expedited implementation of relevant strategies to address areas of opportunity.

Today marks a first-generation edition of Aimbridge Intelligence, and future features will incorporate AI and machine learning for demand forecasting, with other possible expansions of functionality to include more comprehensive data sets for deeper comparisons and trend tracking.

“We set out to build a groundbreaking data product that would solve our long-standing desire to provide owners this information and data in this format, enhancing their understanding of hotel performance, profitability, and services, with an elevated level of transparency,” said Keryn McNamara, Aimbridge Chief Information Officer. “With Aimbridge Intelligence, owners have direct access to the data they’ve been seeking, allowing for deeper analysis along with increased efficiency and speed in accessing relevant information. We are proud of our teams for developing this transformational tool intended to better serve our owners and enhance data accessibility.”

To learn more about Aimbridge Hospitality and its commitment to provide owners with the most comprehensive, performance-driven service in the industry, visit aimbridgehospitality.com.

About Aimbridge Hospitality

Aimbridge Hospitality is the world’s leading global hospitality management company. A trusted operator of over 80 globally recognized lodging brands and distinctive luxury and lifestyle assets, Aimbridge delivers compelling results for hotel owners by leveraging proprietary data and insights as an authority in key markets and destinations, while creating exceptional guest experiences. Aimbridge continually strives to set the new standard in hospitality excellence, leading the industry into the future through a wealth of unmatched resources and best-in-class supplier agreements, while recruiting and developing top industry talent in all key verticals and geographies. To learn more, visit www.aimbridgehospitality.com. Connect with Aimbridge on LinkedIn.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aimbridge-hospitality-introduces-aimbridge-intelligence-data-and-reporting-tool-302263091.html

SOURCE Aimbridge Hospitality

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SCSP Hosts Quarterly Board of Advisors Meeting

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ARLINGTON, Va., Sept. 30, 2024 /PRNewswire/ — On Friday, September 27th, the Special Competitive Studies Project (SCSP) convened its quarterly Board of Advisors meeting in Arlington, Virginia. The meeting was chaired by Dr. Eric Schmidt, and participants included Bob Work, Dr. Nadia Schadlow, Mac Thornberry, Michele Flournoy, and SCSP’s panel experts and advisors.

The topics of the day’s discussions included MIT Technology Review’s 125th-anniversary issue on “The Next 125 Years of Technology,” the future of U.S.-China relations and China’s technological advances, the current state of AI, including for national defense, the road to artificial general intelligence, and the impact of AI on the workforce.

China’s emergence as a strategic competitor presents a multifaceted challenge for the United States. The size of its economy, its rapid technological advancements, and increasing military capabilities have eroded traditional U.S. advantages across a range of industries and geopolitical domains,” said SCSP Board of Advisor Member Nadia Schadlow. “To maintain our competitive edge, the United States must adopt a comprehensive strategy that addresses China’s economic, military, and diplomatic initiatives, while fostering alliances and partnerships to counter its influence. Today’s discussions continue our work towards a strategy to navigate this increasingly complex techno-economic and geopolitical landscape.”

Presenters at the meeting included high-level government officials, national security specialists, and technology journalists including: MIT Review Executive Editor Amy Nordrum; White House Office and Science and Technology Policy Deputy Director Stephen P. Welby; the 18th US Trade Representative Ambassador Robert Lightheizer; Joint Staff Director for Joint Force Development Lieutenant General Dagvin R.M. Anderson; Financial Times China-Europe correspondent James Kynge; Situational Awareness Founder Leopold Aschenbrenner; and Stanford University Professor Dr. Erik Brynjolfsson.

“Achieving artificial general intelligence will be the most consequential milestone of this decade for our economy, society, and security – and it is essential that America continue to lead the way in this pursuit,” said SCSP President Ylli Bajraktari.

For more information about SCSP, please contact Senior Director for Communications and Public Affairs Tara Rigler at tmr@scsp.ai. To subscribe to the SCSP newsletter, please click here.

View original content:https://www.prnewswire.com/news-releases/scsp-hosts-quarterly-board-of-advisors-meeting-302262905.html

SOURCE Special Competitive Studies Project

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Fix Pokemon Go Fail To Detect Location Error 12 – No Ban and Jailbreak

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NEW YORK, Sept. 30, 2024 /PRNewswire/ — Lately, many Pokémon Go players are dealing with ‘Pokémon Go failed to detect location 12‘ error while using a location changer app. Some are turning to unofficial third-party cracking tools to fix it, but these are unreliable and can put accounts at risk. “However, Tenorshare iAnyGo has made a breakthrough to get rid of ‘Pokémon Go error 12’ for good. It lets you modify your Pokémon Go location without cracked app or requiring jailbreak,” says a Tenorshare spokesperson.

Why Does Pokemon Go Say Failed to Detect Location 12?

Often, “failed to detect location 12” error in Pokémon Go occurs when using unreliable location-changing apps. These might not be able to mask your GPS location properly or interfere with game’s location services, leading to this issue. Many users have had to resort to third-party tools requiring them to use a cracked version of game as a ‘Pokémon Go error 12’ fix.

However, iAnyGo is the first software on market to offer a solution without cracking or jailbreaking. With its advanced technology, it can resolve ‘Pokémon Go failed to detect location 12’ on iPhone or other devices without compromising security of your game account.

[Sep Update] Fix Pokémon Go Error 12 Without Modified App (Safe and Stable)

You can use Tenorshare iAnyGo to fix ‘Pokémon Go error 12’ without modified app, meaning it doesn’t need a cracked version of game. iAnyGo can help you spoof your location properly so you can play Pokémon Go from anywhere in world without leaving comfort of your home. Here are this tool’s key features:

Fix ‘Pokémon Go failed to detect location 12’ error on iOS/Android devices.Move automatically at a chosen speed.Cooldown timer to prevent ban.Import GPX files to plan custom routes.Zoom in to improve planning.Simulate walking, cycling, or driving speeds.Save your favorite locations for quick access.Halt movement whenever required.Use a GPS joystick for easy control.Follow routes with two or more points.Support iOS 18 and Android 15.Change location on up to 15 devices at a given time.

Follow steps below to fix error 12 on Pokémon Go with iAnyGo:

Step 1: Open iAnyGo on your computer. Then, choose “‘Change Location.”
Step 2: Plug in your iPhone/Android to same PC and start spoofing location on given map.

Video Guide:https://www.youtube.com/watch?v=A6z_QJywoyQ&t=155s

Big Tenorshare Deals on iOS 18 & iPhone 16!

To celebrate iOS 18, Tenorshare is holding a giveaway. Users participating in event will have a chance at landing an iPhone 16 and discounts on Tenorshare products that’ll improve their iOS 18 experience.

About Tenorshare

Tenorshare iAnyGo helps fix ‘Pokémon Go failed to detect location 12’ error without modifying original Pokémon Go app and allows you to spoof your location safely. Smartphone solutions provider, Tenorshare, is always on the hunt to find resolutions for new iOS/Android errors.

More information: https://www.tenorshare.com/

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https://twitter.com/Tenorshare_Inc

https://www.youtube.com/user/TenorshareOfficial/videos 

https://www.tiktok.com/@tenorshare_tech_tips 

This release was issued through Send2Press® on behalf of the news source. For more information, visit Send2Press Newswire at https://www.send2press.com/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fix-pokemon-go-fail-to-detect-location-error-12—no-ban-and-jailbreak-302263001.html

SOURCE Tenorshare Co. Ltd.

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