2025-05-12T08:58:21-05:00 2024-12-31 540504608 BROWN EDWARDS & COMPANY LLP 105 ARBOR DR 3RD FLOOR CHRISTIANSBURG VA 24073 990 2024-01-01 462975294 ROANOKE BLACKSBURG INNOVATION NETWORK ROAN 5404439216 2200 KRAFT DRIVE 1350 BLACKSBURG VA 24060 ERIN BURCHAM PRESIDENT 5404439216 2025-05-08 1 0 MARK WOOLWINE P00647446 5404433606 2025-05-08 2024 2025-03-06 01:10:19Z ROANOKE BLACKSBURG INNOVATION ALLIANCE ERIN BURCHAM 2200 KRAFT DRIVE 1350 BLACKSBURG VA 24060 983798 0 X HTTPS://RBIA.TECH/ X 2013 VA THE ORGANIZATION SUPPORTS THE REGION BY CONNECTING, COMMUNICATION, AND COLLABORATING WITH STAKEHOLDERS TO GROW AND STRENGTHEN OUR INNOVATION ECONOMY. 38 38 8 47 0 0 3656989 919269 0 51594 0 12935 0 0 3656989 983798 0 0 0 0 682317 727767 0 0 0 854381 1270261 1536698 1998028 2120291 -1014230 2417096 1433545 42247 52926 2374849 1380619 X THE ORGANIZATION SUPPORTS THE REGION BY CONNECTING, COMMUNICATING, AND COLLABORATING WITH STAKEHOLDERS TO GROW AND STRENGTHEN OUR INNOVATION ECONOMY. 0 0 1046268 BIOTECH PROJECT - THIS MULTI-YEAR PROJECT INCLUDES FUNDING FROM THE COMMONWEALTH OF VIRGINIA, AS WELL AS ARPA AND NON-ARPA FUNDS FROM THE CITY OF ROANOKE. WITH NUMEROUS PROJECT PARTNERS TO BUILD A BIOTECHNOLOGY INCUBATOR IN ROANOKE. RBIA WILL LAUNCH AN INNOVATION STUDIO AND NEW PROGRAMMING TO SUPPORT THE REGION'S EARLY-STAGE BIOTECH AND DIGITAL HEALTH STARTUPS. THE GRANT REPORTING PERIOD BEGAN WHEN THE GRANT WAS APPROVED ON JULY 1, 2022 WITH ARPA FUNDS NEEDING TO BE FULLY DEPLETED BY DECEMBER 2024 AND STATE AND NONARPA FUNDS NEEDING TO BE DEPLETED BY JUNE 2025. THE FULL FUNDING AMOUNT OF $2.2M WAS DEPOSITED IN JULY 2023 AND WAS MOVED TO A MONEY MARKET ACCOUNT AT ATLANTIC UNION. FUNDS ARE DRAWN DOWN ON A MONTHLY BASIS BASED ON PROJECT EXPENDITURES. CARILION HAS PROVIDED MATCHING FUNDS IN THE TOTAL AMOUNT OF $900K AND WILL BE PAID OUT AT APPROXIMATELY $175,000 OVER 5 YEARS. THESE PROGRAM FUNDS ALSO AWARDED 46 VWCC BIOTECHNOLOGY STUDENTS SCHOLARSHIPS IN 2024. RBIA WILL LAUNCH AN INNOVATION STUDIO AND NEW PROGRAMMING TO SUPPORT THE REGION'S EARLY-STAGE BIOTECH AND DIFITAL HEALTH STARTUPS. 200970 THE GO VIRGINIA STRENGTHENING ENTREPRENEURS' IMPACT GRANT BEGAN ON DEC. 1, 2023, WHICH SUPPORTS THE EXPANSION OF RAMP (REGIONAL ACCELERATOR AND MENTORING PROGRAM) BY ADDING ON RAMP AND EXIT RAMP PROGRAMMING AND RESOURCES TO SUPPORT EARLY-STAGE ENTREPRENEURS/STARTUPS, AS WELL AS LATER-STAGE RAMP ALUMNI COMPANIES IN THE TECHNOLOGY AND BIOTECHNOLOGY SECTORS AS THEY GROW AND SCALE. RAMP LAUNCHED ON RAMP, A PRE-ACCELERATOR PROGRAM TO REDUCE BARRIERS TO ENTRY FOR EARLY-STAGE STARTUP COMPANIES. THE EXIT RAMP PROGRAM WAS ENHANCED BY FORMALIZING AND ELEVATING CONTINUING EDUCATION RESOURCES FOR RAMP ALUMNI THROUGH NETWORKING EVENTS, TRAININGS, MENTORSHIP SUPPORT, AND AN INVESTOR ROADSHOW. 82520 EDA - RBIA RECEIVED AN EDA ECONOMIC ADJUSTMENT ASSISTANCE GRANT FOR THE CATALYZING ENTREPRENEUR IMPACT AND SUPPORT PROJECT, WHICH WILL PROVIDE ADDITIONAL OUTREACH, PROFESSIONAL DEVELOPMENT, AND ECOSYSTEM TRAVEL SUPPORT FOR ON RAMP AND EXIT RAMP. THIS TWO-YEAR GRANT PROJECT WILL CONCLUDE AT THE END OF AUGUST 2026, SUPPORTING OUR EARLY-STAGE TECHNOLOGY AND BIOTECHNOLOGY SUPPORT TASKFORCE, ECOSYSTEM NAVIGATOR PROGRAM (ENP), AND ADDITIONAL REGIONAL NETWORKING AND COLLABORATION SUPPORT RAMP OFFERS IN THE INNOVATION ECOSYSTEM. SECOND, ON BEHALF OF THE REGIONAL ACCELERATOR & MENTORING PROGRAM (RAMP), RBIA ALSO RECEIVED REIMBURSEMENT EXPENSES IN THE AMOUNT OF $20,000 FROM A SEPARATE CITY OF ROANOKE EDA FUNDING FOR RAMP. 226084 51594 226084 51594 1555842 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 8 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 38 38 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 VA X ERIN BURCHAM 5404439216 2200 KRAFT DRIVE SUITE 1350 BLACKSBURG VA 24060 AMY ANKRUM OFFICER: CO-CHAIR, EXECUTIVE COMMITTEE 4.00 X X 0 0 0 JEFF SMITH OFFICER: CO-CHAIR, EXECUTIVE COMMITTEE 4.00 X X 0 0 0 JUSTIN YALUNG OFFICER: TREASURER, EXECUTIVE COMMITTEE 4.00 X X 0 0 0 DANIEL SUMMERLIN OFFICER: SECRETARY, EXECUTIVE COMMITTEE 4.00 X X 0 0 0 MICAH ALMOND EXECUTIVE MEMBER 2.00 X 0 0 0 KEVIN BLOOMFIELD EXECUTIVE MEMBER 2.00 X 0 0 0 HARVEY BROOKINS EXECUTIVE MEMBER 2.00 X 0 0 0 DAVID CATALANO EXECUTIVE MEMBER 0.00 X 0 0 0 KATHY CLAYTOR EXECUTIVE MEMBER 2.00 X 0 0 0 RUSS ELLIS EXECUTIVE MEMBER 2.00 X 0 0 0 ANGELA JOYNER PHD EXECUTIVE MEMBER 2.00 X 0 0 0 JEFF MERRITT EXECUTIVE MEMBER 2.00 X 0 0 0 MARTY MUSCATELLO EXECUTIVE MEMBER 2.00 X 0 0 0 PATRICK PATTERSON EXECUTIVE MEMBER 0.00 X 0 0 0 EDDIE AMOS EXECUTIVE MEMBER 2.00 X 0 0 0 HENRY BASS GENERAL DIRECTOR 1.00 X 0 0 0 GRANT BREWER GENERAL DIRECTOR 1.00 X 0 0 0 JOHN CAPPS PHD GENERAL DIRECTOR 1.00 X 0 0 0 NICK CONTE GENERAL DIRECTOR 1.00 X 0 0 0 STEVE CRITCHFIELD GENERAL DIRECTOR 1.00 X 0 0 0 ROB DAY GENERAL DIRECTOR 1.00 X 0 0 0 ART ESPEY GENERAL DIRECTOR 1.00 X 0 0 0 W HEYWOOD FRALIN GENERAL DIRECTOR 1.00 X 0 0 0 MICHAEL FRIEDLANDER PHD GENERAL DIRECTOR 1.00 X 0 0 0 CHERYL GIGGETTS GENERAL DIRECTOR 1.00 X 0 0 0 JOSEPH BENEVENTO GENERAL DIRECTOR 1.00 X 0 0 0 AILEEN HELSEL GENERAL DIRECTOR 1.00 X 0 0 0 PAT HUBER PHD GENERAL DIRECTOR 1.00 X 0 0 0 ELIZABETH MCCLANAHAN GENERAL DIRECTOR 1.00 X 0 0 0 JOHN NEWBY GENERAL DIRECTOR 1.00 X 0 0 0 JOHN RAINONE PHD GENERAL DIRECTOR 1.00 X 0 0 0 JAMES RAMEY GENERAL DIRECTOR 1.00 X 0 0 0 ROB SANCHEZ GENERAL DIRECTOR 1.00 X 0 0 0 ROBERT SANDEL PHD GENERAL DIRECTOR 1.00 X 0 0 0 BRIAN SOLLER PHD GENERAL DIRECTOR 1.00 X 0 0 0 KIM SNYDER GENERAL DIRECTOR 1.00 X 0 0 0 MARJORIE TENZER GENERAL DIRECTOR 1.00 X 0 0 0 CLARK WORTHY GENERAL DIRECTOR 1.00 X 0 0 0 ERIN BURCHAM PRESIDENT 40.00 X 146118 0 0 146118 0 0 4 0 0 0 0 455949 463320 919269 GILL MEMORIAL BUILDING 721000 51594 51594 51594 12935 12935 983798 51594 0 12935 575273 477263 98010 106003 65649 40354 46491 43494 2997 27103 27103 7368 5908 1460 15358 14047 1311 37264 32385 4879 1557 1557 CONTRACTED SERVICES 721545 495117 226428 EVENTS 362033 333411 28622 GRANT SUBAWARDS 55000 55000 DUES AND SUBSCRIPTIONS 42491 33568 8923 542 542 1998028 1555842 442186 0 2109984 1077322 299544 352174 4049 7568 2417096 1433545 42247 52926 42247 52926 X 399903 233758 1974946 1146861 2374849 1380619 2417096 1433545 -1014230 20000 0 X 0 1 X 1 0 X 362633 949408 698775 3656989 919269 6587074 51594 51594 362633 949408 698775 3656989 970863 6638668 0 0 0 6638668 12935 12935 12935 12935 362633 949408 698775 3656989 983798 6651603 0.99810 1.00000 0.00190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1146896 163098 163098 983798 0 983798 2161126 163098 163098 1998028 0 1998028 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD'S EXECUTIVE COMMITTEE AND KEY STAFF BEFORE FILING FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAIBALE AT THE ORGANIZATION'S LOCATION UPON REQUEST