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.


CIT Announces Commonwealth Research Commercialization Fund (CRCF) FY2014 Spring Solicitation Awards

The Center for Innovative Technology (CIT) announced today 38 Commonwealth Research Commercialization Fund (CRCF) awards totaling nearly $3 million for...

CRCF Award Recipient HemoShear Secures $8.7 Million in Private Equity Offering

CRCF Award Recipient - HemoShear, the human disease biology company, today announced the completion of a C-1 equity offering raising $8.7 million. Since...

CIT Announces Second of Two FY2014 Solicitations for the Commonwealth Research Commercialization Fund

CIT announced today the Request for Proposals (RFP) for the Commonwealth Research Commercialization Fund (CRCF) FY2014 spring solicitation. CRCF advances...

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

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