OpenQ, Inc., the leading provider of social and mobile compliance solutions for regulated industries, announced today that Jim Zuffoletti, OpenQ’s President, received an award for being an entrepreneur of a high-growth company. The Center for Innovative Technology (CIT) GAP 50 Entrepreneur Award is a statewide award program designed to identify and celebrate Virginia’s business innovators.
Regulated industries, such as Life Sciences and Financial Services, are unable to fully collaborate with their customers due to stringent legal and regulatory requirements. OpenQ’s products enable compliant collaboration with influencers and thought leaders via social and mobile technologies to drive growth and performance.
Part of Governor Bob McDonnell’s “Year of the Entrepreneur” initiative, the GAP 50 Entrepreneur Awards luncheon recognized over 50 awardees out of 272 finalists that were nominated from various regions throughout the Commonwealth. Initially, over 800 entrepreneurs were nominated. A peer voting process selected the winners.
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“I’m honored and excited to have received this award as a member of a broad community committed to Virginia” said Jim Zuffoletti, President, OpenQ, a serial entrepreneur. “My co-founder, Otavio Freire, and I started the business in the University of Virginia’s Darden Business School to meet the substantial international challenge for regulated industries that need to embrace mobile and social technologies.”
CIT President and CEO Pete Jobse said,“We are honored to recognize these entrepreneurs today as part of the Year of the Entrepreneur and the CIT GAP 50 Entrepreneur Awards. They represent Virginia’s thriving community of innovative entrepreneurs who are laying the foundation for a bright economic future.”
To learn more about the “Year of the Entrepreneur,” visit governor.virginia.gov/yoe; for the GAP 50 Entrepreneur Awards, visit: gap50.com. CIT GAP Funds (citgapfunds.org) is the driving force behind the entrepreneur awards. CIT GAP Funds places seed-stage equity investments in Virginia’s top life science, technology and energy enterprises, driving economic development and innovation statewide.
About CIT GAP Funds
CIT GAP funds (citgapfunds.org) makes seed-stage equity investments in Virginia-based technology, clean tech and life science companies with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors and the Commonwealth of Virginia. CIT GAP Funds investments are overseen by the CIT GAP Funds Investment Advisory Board (IAB). This independent, third-party panel consists of leading regional entrepreneurs, angel and strategic investors, and venture capital funds such as: New Enterprise Associates, Grotech Ventures, Revolution Ventures, Valhalla Partners, Harbert Venture Partners, HIG Ventures, Edison Ventures, In-Q-Tel, Intersouth Partners, SJF Ventures, Carilion Clinic, Johnson & Johnson, General Electric and Alpha Natural Resources.
About the Center for Innovative Technology
CIT (cit.org) is a nonprofit corporation that accelerates the next generation of technology and technology companies. CIT creates new technology companies through capital formation, market development and revenue generation services. To facilitate national innovation leadership and accelerate the rate of technology adoption, CIT creates partnerships between innovative technology start-up companies and advanced technology consumers. Its CAGE Code is 1UP71.
OpenQ (openq.com) enables social and mobile collaboration to create competitive advantage while overcoming regulatory compliance challenges and legal risk exposure. OpenQ is a cloud-based technology and validated-data provider with the largest suite of solutions for regulated industries. Our products help life sciences, health care and financial services organizations recognize the value of customer collaboration while remaining secure. The company offers award-winning, efficient and effective solutions for social compliance, compliant content management and key stakeholder engagement.
Based in Charlottesville, VA and New York City; OpenQ has a growing client list that spans the globe, including Global Fortune 500 companies, healthcare organizations and early stage biotech companies.
OpenQ invests heavily in product development, adapting to meet the changing needs of our customers with an evolutionary, continuous improvement approach. Our modular solutions work as Software-as-a-Service (SaaS) and Data-as-a-Service (DaaS) and are available on a variety of platforms.