PRESS RELEASE
VINYO Receives Catalyst Research and Development Pilot Seed Grant from New Jersey CSIT
Sicklerville, NJ - 8/28/2024 – VINYO, a platform dedicated to educating and connecting others to foster growth and community, is proud to announce that it has been awarded a Catalyst Research and Development Pilot Seed Grant Program, Round 3, by the New Jersey Commission on Science, Innovation, and Technology (CSIT). This grant, totaling $74,150.00, underscores CSIT’s commitment to fostering innovation and supporting high-growth businesses within the state.
The grant will significantly bolster VINYO’s efforts to enhance its platform, which combines gamified learning experiences and direct consumer-to-brand connections to revolutionize the wine industry. The funds will further develop VINYO's educational modules, improve user interaction, and expand its market reach.
Gerald Stephens, CEO & Co-Founder of VINYO, commented: "We are incredibly honored and excited to receive this grant from the New Jersey CSIT. This support not only validates our mission but also empowers us to take significant strides in our product development and market expansion. We are committed to using these funds to create a more engaging and educational experience for our app users and for anyone interested in learning about and contributing to the growth of the wine industry."
The Catalyst Research and Development Pilot Seed Grant Program is designed to support innovative projects that have the potential to spur economic growth within New Jersey. The program provides critical funding to startups and small businesses, enabling them to bring their groundbreaking ideas to fruition.
"Funding New Jersey startups today through grant programs like the Catalyst Seed R&D Grant helps to guarantee a strong economy in the future and furthers Governor Phil Murphy’s vision for the state,” said CSIT Executive Director Judith Sheft. “Cultivating companies within our state during their formative years helps us to promote financial growth, sustainability, and economic mobility for years to come. VINYO’s focus on championing wineries and brands that have been underserved or underappreciated by the industry and promoting diversity and inclusivity within the wine industry is aligned with CSIT’s goal to increase participation in the startup eco-system.”
New Jersey CSIT is dedicated to strengthening the innovation economy within the state by encouraging collaboration between industry and academia and facilitating the translation of innovations into successful high-growth businesses. Established to exercise oversight for implementing, evaluating, and formulating long-range plans for science, innovation, and technology, CSIT plays a crucial role in fostering an environment where innovation can thrive.
For further information about VINYO and its initiatives, please visit VINYO's website or contact Gerald Stephens at gerald@getvinyo.com.
About VINYO: VINYO is a cutting-edge platform that bridges the gap between consumers and wine brands through interactive and educational content. By leveraging gamification and direct brand engagement, VINYO aims to enhance consumer knowledge and appreciation of wine, making wine education accessible and enjoyable for everyone.
Contact: Gerald Stephens
CEO & Co-Founder, VINYO
542 Berlin Cross Keys Road, Ste 3, Box 201
Sicklerville, NJ 08081
Email: gerald@getvinyo.com
About New Jersey CSIT: The New Jersey Commission on Science, Innovation, and Technology (CSIT) is responsible for strengthening the innovation economy within the state. It encourages collaboration and connectivity between industry and academia and facilitates the translation of innovations into successful high-growth businesses. CSIT oversees the implementation, evaluation, and formulation of long-range plans and programs for science, innovation, and technology in New Jersey.
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