NVTC Leaders Reappointed to the Innovation and Entrepreneurship Investment Authority (IEIA)
On June 7, Gov. Bob McDonnell reappointed NVTC Board member and former NVTC Board chair David C. Lucien, CEO of DCL Associates, and NVTC incoming Board member Michael Rao, president of Virginia Commonwealth University, to serve on the Innovation and Entrepreneurship Investment Authority board.
The IEIA, which oversees CIT, promotes the economic development of the Commonwealth by attracting and retaining high-technology jobs and businesses in Virginia. It is responsible for accelerating all phases of technology company creation from research and development through commercialization, capital formation and successful product assimilation.