Atlantic VIC is a technology venture development firm created to grow new enterprises based on technologies licensed from universities/research institutions. Atlantic VIC identifies promising technologies to license, finds appropriate technical partners, forms companies to commercialize technologies, and builds value in these portfolio companies. The company provides the complete initial business development team to its portfolio companies, whose technologies and collaborators are drawn from across the United States. Established in 2011, Atlantic VIC is a sister company to Arkansas-based Virtual Incubation Company. Headquartered in Waltham, MA, Atlantic VIC is presently screening multiple technologies as a basis for its initial portfolio companies. According to published reports, Atlantic VIC is in the process of closing a $1 million investment.