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, former Governor McDonnell and the General Assembly appropriated $4.8 million to the Fund each for FY2013 and for FY2014.
CIT is pleased to announce 38 awards for the CRCF FY2014 spring solicitation! Congratulations to these awardees, who join the growing list of recipients from FY2012-2014. If you're interested in being added to our CRCF listserv for future funding opportunity announcements, email firstname.lastname@example.org.
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 and align with industry opportunities identified therein. 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 reports are available on Virginia’s Legislative Information System (LIS)’s website. View the 2013 CRCF Annual Report.
For questions, please contact email@example.com.