Benevento’s recognition follows a year of significant economic milestones for the Commonwealth. Under his guidance, Virginia saw the launch of over 5,000 high-growth startups and secured a record $2.9 billion in venture capital investment. These gains propelled the state into the top 10 of CNBC’s annual technology and innovation rankings, climbing seven spots to reach eighth place nationally.
Since taking the helm at VIPC, Benevento has implemented a unified internal culture dubbed "1VIPC," focusing on cross-departmental collaboration and strategic execution. His tenure has been marked by the launch of the Lab-to-Launch initiative, which streamlines the commercialization of university research. Additionally, he secured over $150 million in new funding commitments from both federal and private-sector partners. Richard Foster, associate publisher of Virginia Business, noted that the award winners are selected for their ability to drive company success while fostering the next generation of professional talent.
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