EIN 46-2975294

Roanoke Blacksburg Innovation Alliance

IRS 501(c) type
501(c)(3)
Num. employees
13
Year formed
2013
Most recent tax filings
2025-12-01
NTEE code, primary
Description
Verge connects stakeholders to grow and strengthen the innovation economy. It received major grants for expanding programming and offering educational support.
Also known as...
The Roanoke-Blacksburg Innovation Network; Valleys Innovation Council Verge
Total revenues
$1,512,888
2025
Total expenses
$2,196,563
2025
Total assets
$922,514
2025
Num. employees
13
2025

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
GrantmakerDescriptionAmount
Carilion Medical CenterProgram Support$300,000
Virginia Innovation Partnership Corporation (VIPC)Research$200,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$20,000
...and 2 more grants received

Financials for Roanoke Blacksburg Innovation Alliance

RevenuesFYE 12/2025
Total grants, contributions, etc.$1,448,988
Program services$50,526
Investment income and dividends$13,374
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,512,888

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Invest UpMarquette, MI$2,498,859
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Data update history
August 3, 2026
Posted financials
Added Form 990 for fiscal year 2025
July 25, 2026
Updated personnel
Identified 5 new personnel
June 20, 2026
Received grants
Identified 2 new grant, including a grant for $200,000 from Virginia Innovation Partnership Corporation
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/ 
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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