Prince William County Receives Award from the U.S. Small Business Administration
Thursday, September 22, 2016
The Small Business Administration awarded Prince William Science Accelerator a check for $50,000 for being one of only two Northern Virginia winners of the U.S. Small Business Administration agency’s 3rd annual Growth Accelerator Fund Competition.
The Prince William Science Accelerator competed against more than 830 applications nationwide and was recognized primarily for its efforts in driving America’s science and technology start-up ecosystem. More than 100 experts with entrepreneurial, investment, start-up, economic development, capital formation and academic backgrounds from both the public and private sector judged the competition.
Speaking during the Ceremony, Corey A. Stewart, Chairman, Prince William Board of County Supervisors said “From strong partnerships comes innovation. The growth of entrepreneurial innovation is vital to the economic health of our community and our nation, so accelerating opportunities is a priority. The U.S. Small Business Administration and Prince William County recognize this challenge.”
“Together, we are taking the ‘entrepreneurial ecosystem’ to the next level by creating new synergies and stronger collaboration to stimulate greater resources that support small business job creation and growth,” added Stewart.
“The Prince William Science Accelerator is a great example of what a successful public-private partnership can accomplish,” said Christopher E. Martino, Acting County Executive. “One of our core economic development strategies is to accelerate commercialization and job creation in the life sciences in Prince William County. This award supports this goal and allows us to continue to build on the momentum that we have already established, while minimizing the fiscal impact to County resources.”