Startup Virginia Logo

MIP Score

50

Community Building
Small Business Support

Startup Virginia

Mission

Startup Virginia is a nonprofit high-growth business incubator and entrepreneurial hub focused on supporting startup founders, entrepreneurs, and innovators. They provide a variety of services including individualized support, educational programs, networking events, and access to an expansive network of mentors, investors, and corporate partners, all aimed at helping startups grow and succeed, while enhancing the Central Virginia economy.

Basic Information

Tax-Exempt

Address

1717 E Cary St, Richmond, Virginia, 23223

View all Richmond charities

Founded in

2016

EIN

81-2587466

Total Assets

$1.653 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Startup Incubator

Startup Incubator

A program providing individualized strategic support and resources for startup founders.

Central Virginia Investor Initiative

Central Virginia Investor Initiative

A newsletter that informs investors about deals and events that promote startup investing.

Community and Collaboration

Community and Collaboration

A dynamic workspace designed for entrepreneurs and innovators to collaborate and grow.

Impact Stats

$1.35M

Total Scholarships Provided

Provided Scholarships

Startup Virginia has provided significant financial support to aspiring entrepreneurs through scholarships.

Our Programs

Startup Incubator

Startup Incubator

Individualized support for startup founders to launch, fund, and grow their businesses.

Learn More
Entrepreneur Certificate Course

Entrepreneur Certificate Course

An online course that equips entrepreneurs with essential business knowledge.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

50

50

/100

Program Expense Ratio

69.82%

8

/20

Program Revenue Growth

9.65%

16

/20

Leverage Ratio

0.3062

12

/20

Working Capital Ratio

1.221

12

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2023

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants582.6K56.42%
Program Services422.9K40.96%
Investment Income27.03K2.62%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue1.032M100.00%