CRCF FY2016 Solicitation


The Commonwealth Research Commercialization Fund (CRCF) advances science- and technology-based research, development, and commercialization to drive economic growth in Virginia, create and foster high-potential technology companies in the Commonwealth, and to encourage and strengthen collaboration and partnerships between the public and private sector.

$3.4 million is available to award during the single FY2016 solicitation.


The following five (5) programs are available during the FY2016 solicitation. Click on the program for more information.

Private Sector

Higher Education, Federal Research Facilities, and University Research Consortia

Key Dates



Technology Sectors

Applications submitted under any of the FY2016 solicitation programs must align with one or more of the following technology sectors:
  • Cyber Security
  • Energy
  • Information Technology, specifically data analytics
  • Life Sciences
  • Unmanned Systems, for air, ground, sea, or space

When submitting an application, applicants may choose a relevant secondary technology sector from 11 industries drawn from the Commonwealth Research and Technology Strategic Roadmap.


Informational webinars discussing the FY2016 solicitation will be available throughout the submission period. Recorded versions of the live webinars hosted November-January are available for those unable to participate, as is the slide deck for each presentation. No additional live sessions are scheduled at this time.


Questions regarding the CRCF program? Contact




The CRCF is composed of funds appropriated by the General Assembly and any gifts, grants, or donations from public or private sources. Pursuant to Virginia Code Section 2.2.-2233.1, the Fund is administered by the Center for Innovative Technology (CIT) on behalf of the Innovation and Entrepreneurship Investment Authority (IEIA). Awards may be made to Virginia public or private institutions of higher education or their associated intellectual property foundations, university research consortium that includes Virginia college and university member institutions, federal research facilities located in Virginia, and/or to technology companies within the Commonwealth.