FAQ

If you’ve heard about RAMP, you might be wondering what it is and how it will benefit you. RAMP, which stands for Regional Acceleration and Mentoring Program, is the only business accelerator in the area; making it an invaluable asset. It has broad regional support, and it will absolutely influence the area’s economy and startups. RAMP focuses on the Healthcare and Technology Innovation District, and it’s poised to help companies create jobs and significantly expand the area’s technology sector.

What does RAMP hope to accomplish?

RAMP aims to fuel regional growth by engaging young companies within the community, and RAMP recognizes the impact these companies have on job growth, community healthand bringing in outside investments.

How is RAMP going to be successful in its mission?

RAMP leverages a strong network of support, including 125+ community stakeholders in private industry, higher education, and local government. This network includes subject matter experts, mentors, angels, and access to leading scientists, researchers, investors and more.

What will RAMP do?

RAMP will host programs and services for startups while leveraging private-sector funding to fuel startups. RAMP will select 3 to 5 science, technology, engineering, math and healthcare companies for its inaugural cohort. For the first 3to 4 months, these startups will go through a boot camp to refine their products/services and business processes to help them succeed in the marketplace. For the rest of their tenure at RAMP, they will be advised, prep for investor engagements, and meet potential investors.

What’s the catch for startups going through the RAMP program?

Companies are expected to remain in the Roanoke-Blacksburg region after they’ve completed the RAMP program.

Where does Virginia Western Community College come in?

Virginia Western Community College will be providing business education classes via RAMP, as well as faculty support to ensure success of the program.

Why does Virginia Western Community College believe in RAMP?

Simply put, Virginia Western Community College believes in strengthening the regional economy, and the best way to do this is to grow and keep talent across a myriad of sectors. By partnering with RAMP, VWCC can help to ensure the area’s future economic health and growth.

When did RAMP launch?

RAMP launched in early 2017 in downtown Roanoke’s Gill Memorial Hospital building at 709 S. Jefferson St.

RAMP has major public and private partnerships in the area, and as the region’s only accelerator, startups can rest assured that when they are aligned with RAMP that they are receiving a path toward a successful future. RAMP is going to change the face of the area’s economy by fostering the best of the best, keeping talent local and economic growth steady for years to come!