- Associated Press - Tuesday, March 1, 2011

CHARLOTTESVILLE, VA. (AP) - The University of Virginia will host an event at which startup companies with ties to the university will present their technology and business projects to venture capitalists.

The university says the third annual Venture Summit will be held Thursday and Friday. The six companies are all founded or led by a U.Va. graduates, faculty members, staff members or students, or based on research developed at the university.

The startups will pitch their ideas to venture capitalists representing about $20 billion in active capital funds.

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