County: Monongalia
Jobs Created: 5
Jobs Retained: 3
Brite Tech is a technology company based in Morgantown, WV that provides valuable student data insight to universities to promote student retention and identify student needs. This is accomplished through their proprietary app, where students engage with daily check-ins about their university experience in a gamified format. The app uses incentives such as streaks, competitions, and prizes from brands like Amazon and Starbucks to encourage engagement.
WVCAP funding is allowing Brite Tech to continue expanding their technology and operations in Morgantown. With several university collaborations already under their belt, the company anticipates continued growth, while the state of West Virginia benefits from student retention, skilled workforce development, and research innovation.
WVCAP provides West Virginia small businesses with debt or equity capital to expand and create jobs. WVCAP is designed to assist credit-worthy companies that may not fit traditional lending models. WVCAP is administered by WVJIT.
For more information or to apply for funds, contact the West Virginia Jobs Investment Trust at wvjit.wv.gov/wvcap.
About the West Virginia Jobs Investment Trust
West Virginia Jobs Investment Trust (WVJIT) is a public venture capital fund created to develop, promote and expand West Virginia’s economy by making investment funds available to eligible businesses, thus stimulating economic growth and providing or retaining jobs within the State. WVJIT invests in early-stage, later-stage and mature small companies that wish to expand. Opportunities to create a significant number of jobs while maintaining economic balance are favorably viewed.