News

Innovative Device Allows 3D Imaging of the Breast with Less Radiation

CRCF Awardee from U.S. Department of Energy’s Jefferson Lab, in Newport News, has developed a new device that is capable of providing 3D images with 6x...

CAP Researchers won the Best Paper Award for work on Sequential Pattern Mining at the ACM Computing Frontiers Conference

Researchers from the University of Virginia’s Center for Automata Processing (CAP) recently received the Best Paper Award at the 2016 Association for Computing...

Governor McAuliffe Announces 2016 Research Commercialization Awards

Governor Terry McAuliffe announced today $3.4 million in funding to support 48 Commonwealth Research Commercialization Fund (CRCF) awards representing...

Virginia Commonwealth STEM Industry Internship Program (CSIIP)

CSIIP is a free, centralized online tool that links undergraduate STEM students with paid internship positions at companies throughout Virginia. To learn more about the program and how it works, click here.

Commonwealth Research Commercialization Fund

The Commonwealth Research Commercialization Fund (CRCF) accelerates innovation and economic growth in Virginia by advancing solutions to important state, national, and international problems through technology research, development, and commercialization. In continued support of this mission, $2.8 million was appropriated to CRCF for FY2017; we look forward to sharing information about the next round in the coming months. If you would like to be added to our listserv for announcements and future funding opportunities, email crcf@cit.org.

Congratulations to our FY2016 awardees! The CIT team is available to hold debriefs with applicants who were not funded this round. Contact the team to schedule a call.

Proposals submitted to CRCF undergo a multi-stage review process, which includes award recommendations made by the Research and Technology Investment Advisory Committee (RTIAC) to the CIT Board of Directors and culminates with award decisions made by the Board. CRCF awards contribute to the Commonwealth’s overall plan to enhance economic development through technology research and commercialization and, as such, CRCF awards must further the goals set forth in the Commonwealth Research and Technology Strategic RoadmapIn addition to identifying research areas worthy of economic development and institutional focus, the Roadmap provides a framework for aligning key industry sectors within the state, as prioritized by the research community, which includes but is not limited to the private sector, academia, and economic development professionals.

Since its inception in FY2012, CRCF has announced more than 230 awards. View the growing list of recipients.

CRCF Annual Reports are available on Virginia’s Legislative Information System (LIS)’s website. View the FY2015 CRCF Annual Report.

For questions, please contact crcf@cit.org.