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HomePress ReleaseEIN PresswireVIPC Awards Commonwealth Commercialization Fund Grant to Rizkly Guided Cyber Security Compliance...

VIPC Awards Commonwealth Commercialization Fund Grant to Rizkly Guided Cyber Security Compliance Service

CCF grants assist startups, important early know-how testing and market validation efforts

Cybersecurity and Information Privateness Compliance is not a cut-off date snapshot, it’s a steady course of and organizations of all sizes want to be ready. ”

— Chor-Ching Fan, Rizkly, President and CEO,

RICHMMOND, VIRGINIA, UNITED STATES, August 8, 2023/ — The Virginia Innovation Partnership Company (VIPC) in the present day introduced that Rizkly has been awarded a Commonwealth Commercialization Fund (CCF) grant for $75,000. VIPC’s CCF packages have distributed greater than $51 million to Virginia-based startups, entrepreneurs and university-based inventors since 2012.

Primarily based in Reston, Va., Rizkly helps organizations obtain, display and maintain compliance with trade and government-mandated cybersecurity and information privateness rules and frameworks, akin to NIST 800-171, CMMC, FedRAMP, SOC2 and CPRA. The corporate’s Guided Compliance as a Service (GCaaS) providing combines a robust SaaS with reside skilled steerage to assist small and medium sized companies succeed and meet cybersecurity greatest practices. This CCF grant will assist Rizkly’s course of to obtain FedRAMP authorization.

“Rizkly appreciates the chance to work with VIPC and to take our providing even additional with this CCF grant,” stated Chor-Ching Fan, President and CEO, Rizkly. “Cybersecurity and Information Privateness Compliance is not a cut-off date snapshot, it’s a steady course of and organizations of all sizes want to be ready. Rizkly’s mission is to assist corporations with these more and more pervasive necessities in an environment friendly and efficient method, which can permit them to preserve concentrate on rising their enterprise.”

“We’re happy to award a CCF grant to Rizkly,” stated Jeanette Townsend, VIPC’s Director for Non-public Sector Grants. “VIPC’s CCF grant program performs an necessary position in getting funding to Virginia-based pre-seed and seed-stage startups once they want it most. Our aim is to assist Virginia corporations develop and lead the nation in innovation, alternative, and job creation. Rizkly is addressing an more and more complicated regulatory and compliance panorama for companies, and we imagine their GCaaS providing will empower extra organizations to display compliance with much less disruption to their core enterprise.”

Concerning the Commonwealth Commercialization Fund (CCF)
VIPC’s Commonwealth Commercialization Fund (CCF) awards funding on a rolling foundation to Virginia’s small companies and university-based innovators. The CCF Non-public Sector program seeks to fund high-potential Virginia-based for-profit know-how corporations on the early stage of commercialization. The grants assist early know-how and market validation efforts akin to the event of prototypes or a minimal viable product (MVP), buyer pilots, mental property safety, and extra. For extra info on funding alternatives and eligibility necessities, or to apply, go to the CCF pages at

About Virginia Innovation Partnership Company (VIPC)
VIPC: Connecting innovators with alternatives. Because the nonprofit operations arm of the Virginia Innovation Partnership Authority (VIPA), VIPC is the commercialization and seed stage financial improvement driver within the Commonwealth that leads funding, infrastructure, and coverage initiatives to assist Virginia’s innovators, entrepreneurs, startups, and market improvement methods. VIPC collaborates with native, regional, state, and federal companions to assist the enlargement and diversification of Virginia’s financial system.

Applications embrace: Virginia Enterprise Companions (VVP) | VVP Fund of Funds (SSBCI) | Virginia Founders Fund (VFF) |Commonwealth Commercialization Fund (CCF) | Petersburg Founders Fund (PFF) | Sensible Communities | The Virginia Sensible Neighborhood Testbed | The Virginia Unmanned Programs Middle | Virginia Superior Air Mobility Alliance (VAAMA) | The Public Security Innovation Middle |Entrepreneurial Ecosystems | Regional Innovation Fund (RIF) | Federal Funding Help Program (FFAP) for SBIR & STTR | College Partnerships | Startup Firm Mentoring & Engagement. For extra info, please go to Comply with VIPC on Fb, Twitter, and LinkedIn.

Angela Costello, Vice President of Communications
Virginia Innovation Partnership Company (VIPC)
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