RISE provides revenue based loans and grants of up to $350,000 USD.
In addition to funding, RISE provides a fabrication facility, co-working space, real-world pilot and testing sites, technical, government, and business mentors, investor matchmaking, a customized curriculum, and on-going support to get your startup to the next level.
Our areas of focus for our Challenge are described in detail here. In summary, Coastal Communities seek innovative solutions for the following:
Startups that are accepted into our program DO NOT have to be located in Hampton Roads as long as COVID restrictions are still in place. However, you will still need to deploy your solution by either hiring or partnering with a local firm/individuals to deploy your solution.
Applications are currently closed. If you're interested in applying for our future accelerator programs, please fill out the form and we will be in touch when applications open.
We create value for our portfolio companies and our ecosystem partners by facilitating mutually beneficial partnerships.