Virginia Polytechnic Institute and State University Board of Visitors Minutes 2026-06-02
Board Authorizes $15.2 Million Loan to Hokie Ventures
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Description
The Virginia Tech Board of Visitors authorized a working capital loan of up to $15.2 million to Hokie Ventures, a new university-related corporation. The approval allows the university to provide funds to capitalize Hokie Ventures and support its initial operations.
Contract Details
Contract Amount
up to $15.2 million
Vendor
HOKIE VENTURES
Agency
Virginia Polytechnic Institute And State University, VA
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
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APPROVEDIssuing Agency
Virginia Polytechnic Institute And State University
Higher Ed
Blacksburg, VA
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