Commonwealth Research Commercialization Fund
The Commonwealth Research Commercialization Fund (CRCF) advances science- and technology-based research, development, and commercialization to drive economic growth in Virginia. In support of these goals, Governor McAuliffe and the General Assembly appropriated $2.8 million to the Fund for each year, FY2015 and FY2016.
The CRCF FY2015 solicitation is now closed and materials available are for informational purposes only. The review process for applications received this round is underway and we look forward to making award announcements in early June 2015. If you'd like to be added to our CRCF listserv for funding opportunity announcements, email email@example.com.
View the growing list of recipients from FY2012-2014.
Proposals submitted to CRCF undergo a multi-level review process, which include 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 Roadmap. In 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 private sector, academia, the broader research community, and economic development professionals.
CRCF Annual Reports are available on Virginia’s Legislative Information System (LIS)’s website. View the FY2014 CRCF Annual Report.
For questions, please contact firstname.lastname@example.org.