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About VIC

Our Purpose

The Valleys Innovation Council grew out of a simple idea: Why couldn’t the region do more with our assets together to build an innovation-driven economy? After all, we have world-class research institutions and businesses, a population of college graduates seeking employment, and a base of startup businesses that continue to grow and thrive.

We began working in 2016 to create and generate regional support for an organizational structure that would bring focus to the regional innovation economy and strengthen the region through mobilizing resources, advocating for changes, and tracking progress towards identified goals.

In January 2018, the Valleys Innovation Council (VIC) launched as a 501(c)(3) nonprofit organization with a board of regional leaders drawn from successful entrepreneurs, higher education, and other regional leaders in the finance and legal fields.

Learn more about Valleys Innovation Council in our Frequently Asked Questions.

Mission Statement

The Valleys Innovation Council supports the region by connecting, communicating, and collaborating with stakeholders to grow and strengthen our innovation economy.

Focus Areas

Research Commercialization

From benchtop to market, the research commercialization process requires ecosystem support and resources at each stage of the pipeline for new startups to form and scale: financial capital, talent, and mentors. VIC supports regional programs and is working to develop the regional capital ecosystem.

Tracking the Innovation Economy

VIC is working with local, regional, and state-level stakeholders to evaluate the state of the regional innovation economy and supporting ecosystem and begin benchmarking the region with peer regions around the state and nationally.

Projects & Activities

Ongoing Activities Anticipated Early 2019:

  • Launch an interactive dashboard to track health, growth, and success of the region’s innovation economy and supporting ecosystem
  • Release first Capital Ecosystem Landscape Study for the Lynchburg-New River Valley-Roanoke Valley Region


Board of Directors

Kevin Bloomfield

Managing Partner at Bloomfield Partners

David Catalano

CEO of Ozmo

Nick Conte

General Counsel at Carilion Clinic

Russ Ellis

President of Common Wealth Growth

Ken Ferris

President of Brookewood Management Advisors

William Fralin

VIC Board Secretary

CEO of Medical Facilities of America

Michael Friedlander, PhD

Executive Director of Virginia Tech-Carilion Research Institute and Vice President for Health Sciences and Technology at Virginia Tech

Bonz Hart

Retired from Meridium

Pat Huber, PhD

President of New River Community College

Victor Iannello, ScD

VIC Board Co-Chair, Roanoke Valley

CEO of Radiant Physics

Doug Juanarena

VIC Board Co-Chair, New River Valley

Retired serial entrepreneur

Danny Kemp

Vice President for Information Technology and CIO at Radford University

Ed Lawhorn

New River Valley Market Executive at Union Bank and Trust

Theresa Mayer, PhD

Vice President for Research and Innovation at Virginia Tech

Robert McAden

President and CEO of the Roanoke-Blacksburg Technology Council

Joe Meredith, PhD

President of the Virginia Tech Corporate Research Center

Marty Muscatello

CEO of FoxGuard Solutions

Robert Sandel, PhD

President of Virginia Western Community College

Raymond Smoot, PhD

Bank Chair at Union Bank and Trust

Marjorie Tenzer

VIC Board Treasurer

Retired from IBM

Kelly Woolwine

CEO of EvolutionHR


Greg Feldmann

Interim Executive Director & CEO

Meredith Hundley, PhD

Program Director

Sam English, PhD


Maria Ingram

Research Associate

Pratyusha Kiran

Research Associate

Don Chen

Research Assistant

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