MANASSAS, Va. — Lenvio Inc. was among 12 companies chosen to benefit from the Domestic Markets Expansion Program.
No state is more reliant on Department of Defense funding than Virginia. GENEDGE worked with the Governor’s office to design and implement the Virginia Domestic Markets Expansion Program (DMEP), which helps Virginia companies expand their businesses by diversifying into non-defense-related areas. For those companies that qualify and are accepted into the program, DMEP provides specific and targeted services to each individual company to help them enter new markets, develop new products and utilize new market channels to grow their business. This selective program has been offered by GENEDGE over the last two years, serving over 120 DOD supply chain companies, and helping 45 of them create and implement strategies to diversify and grow their businesses through innovative commercial offerings.
In its third year, the program is funded to assist 12 companies that previously benefited from DMEP services continue their commercialization efforts. This new approach enables the program to help each company grow by accelerating the execution of strategic initiatives to firmly diversify their business and help build the New Virginia Economy.
Twenty companies participated in a competitive selection process based on evaluation of their business case for a new, specific business opportunity. The selection panel consisted of 5 members of the GENEDGE Board of Trustees. All companies did a great job of presenting excellent opportunities – making the funding decision extremely competitive. We are pleased to announce that Lenvio Inc. was selected to receive funding to further their commercialization efforts.
Lenvio, Inc., based in Manassas, VA, makes your software safer. Powered by its Hyperion™ technology for behavior computation, this next-generation of malware defense sees software with unknown behavior as an unknown threat that can impact your enterprise. Lenvio is defining a revolution in malware detection and risk reduction. Hyperion™ is a 2015 winner of the prestigious R&D 100 Award as an advanced technology for cyber security. Developed at the Department of Energy’s Oak Ridge National Labs, vetted by Sandia National Labs, and selected by the Department of Homeland Security for its Transition to Practice Program, Hyperion™ is the future of cyber security and software assurance. Lenvio is also currently under evaluation at two global Fortune 50 companies. Lenvio’s Hyperion™ product is now available for both commercial and Federal customers.
(276) 666-8890 ext. 227