County: Monongalia

Jobs Created: 5

Jobs Retained: 6

CHARLESTON, WV – Monarch Learning Labs, headquartered in Morgantown, West Virginia, is a SaaS company that offers simulation-based training solutions for complex medical device systems. Monarch helps develop innovative and engaging training programs that mirror real-world scenarios for healthcare machines, systems, and technologies.

Monarch Learning Labs uses versatile technology that can be applied in device manufacturing, healthcare simulation and credentialing, and internal education and training. WVCAP funds will help this innovative company expand its operations in West Virginia and allow them to maximize their impact on the medical community.

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.