Program areas at Roanoke Blacksburg Innovation Alliance
Rbia supports technology and life sciences founders from idea stage through scaling by providing the programming, mentorship, and resources they need at each phase of company growth. Activities include the regional accelerator and mentoring program (ramp) and its on ramp pre-accelerator suite for early-stage entrepreneurs, accelerator cohorts that deliver intensive mentorship and business development support to high-potential startups, and exit ramp services that help alumni and later-stage companies continue to grow.
Rbia strengthens the regional capital ecosystem by building investor networks and creating the infrastructure that connects investors to investable companies. Activities include operating commonwealth angels, the region's angel investor Network, producing investor roadshows and pitch events that connect regional startups to early-stage capital, attracting out-of-region investors to deploy capital into roanoke-blacksburg companies, and delivering investor education programming that grows the pool of active investors in the region.
Rbia drives regional economic growth in the technology and life sciences sectors by building the infrastructure, programming, and partnerships that early-stage and scaling companies need to launch and grow in the roanoke-blacksburg region. Activities include building a biotechnology ecosystem in Roanoke to support early-stage biotech and healthcare Innovation startups, developing talent and workforce pipeline initiatives that connect regional employers and technical talent, and delivering industry convenings.
Who funds Roanoke Blacksburg Innovation Alliance
Grants from foundations and other nonprofits
Financials for Roanoke Blacksburg Innovation Alliance
| Revenues | FYE 12/2025 | FYE 12/2024 | % Change |
|---|
| Total grants, contributions, etc. | $1,448,988 | $919,269 | 57.6% |
| Program services | $50,526 | $51,594 | -2.1% |
| Investment income and dividends | $13,374 | $12,935 | 3.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,512,888 | $983,798 | 53.8% |
Organizations like Roanoke Blacksburg Innovation Alliance
| Organization | Type | Location | Revenue |
|---|
| America Achieves | 501(c)(3) | New York, NY | $791,611 |
| Maine Development Foundation | 501(c)(3) | Augusta, ME | $2,966,802 |
| Arrowhead Center | 501(c)(3) | Las Cruces, NM | $1,398,576 |
| Stanislaus Business Alliance | 501(c)(3) | Modesto, CA | $5,445,140 |
| Kent Economic Partnership | 501(c)(3) | Dover, DE | $546,480 |
| Center for Community Wealth | 501(c)(3) | Denver, CO | $1,597,612 |
| Invest Up | 501(c)(3) | Marquette, MI | $2,498,859 |
| Greater Waukegan Development Coalition | 501(c)(3) | Waukegan, IL | $493,211 |
| New Bedford Economic Development Council | 501(c)(3) | New Bedford, MA | $2,686,841 |
| Mon Valley Alliance Foundation | 501(c)(3) | Monongahela, PA | $1,075,372 |
Data update history
August 3, 2026
Posted financials
Added Form 990 for fiscal year 2025
July 25, 2026
Updated personnel
Identified 5 new personnel
April 7, 2026
Posted financials
Added Form 990 for fiscal year 2024
February 28, 2026
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCharities
Issues
EducationCommunity improvementEconomic development
Characteristics
Legally formed as corporationPartially liquidatedState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 2200 Kraft Dr 1350
- Blacksburg, VA 24060
- Metro area
- Blacksburg-Christiansburg, VA
- County
- Montgomery County, VA
- Website URL
- rbia.tech/Â
- Phone
- (540) 443-9216
IRS details
- EIN
- 46-2975294
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2013
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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