CIT - The Center for Innovative Technology

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.


Launch your technology from lab to market! The $2.5 million FY2018 solicitation is now open. More information on each program, including eligibility criteria, guidelines, and the link to submit Letters of Intent (LOIs), are available via the link above and then by clicking on a specific program. Resources such as scheduled regional briefings, webinars, FAQs, and more are also available. Award announcements are planned for early June 2018.


The LOI deadline for CRCF's Commercialization, SBIR Matching Funds, and STTR Matching Funds Programs has passed. Late submissions are not accepted. All LOIs will be reviewed and you'll receive a reply within 5 business days.

The LOI window for the Matching Funds and Eminent Researcher Recruitment Programs remains open until noon on November 28. Click on the link above to learn more and apply.


If you would like to be added to the CRCF listserv for future announcements and funding opportunities, click here.

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 270 awards. View the growing list of recipients, including our FY2017 awardees.

CRCF Annual Reports are available on Virginia’s Legislative Information System (LIS)’s website. View the FY2017 CRCF Annual Report.

For questions, please contact



CIT - The Center for Innovative Technology 2214 Rock Hill Road, Suite 600, Herndon, VA 20170-4228

Phone: (703) 689-3000 | Fax: (703) 689-3041