SBIR and STTR Matching Funds Programs

The CRCF SBIR and STTR Matching Funds Programs accelerate commercialization of high-potential research or technologies by Virginia-based, for-profit technology businesses that have received a recent SBIR or STTR Phase I or II award from a federal agency in qualified research or technologies. The programs support commercialization goals through technology development; market research and/or other efforts that drive company growth and economic benefits to Virginia may be suitable. SBIR and STTR Matching Funds awards advance work supported by the federal award and may fill the gap between Phase submissions and/or assist with commercialization activities not supported by the federal award. Each submission must be associated with a distinct SBIR or STTR award. Each application may seek and be funded up to $50,000.

Organizations may submit up to two (2) LOIs / applications and receive up to two (2) awards during this solicitation in any combination under the Commercialization and SBIR and STTR Matching Funds Programs.

Refer to the Program Guidelines for complete eligibility criteria and program information. All materials for this program can be accessed through the Documents window on the right-hand side of the screen; click "View More Documents" to see all materials available.

Qualified Applicants

Applicants for the SBIR and STTR Matching Funds Programs must be a Virginia-based technology business that:

  • Received an SBIR or STTR Phase I or II award from a federal agency targeted at the development of qualified research or technologies
    • Phase I applicants may have received no more than five (5) federal SBIR and/or STTR Phase I awards
    • Phase II applicants may have received no more than ten (1) federal SBIR and/or STTR awards total: five (5) Phase I awards and five (5) Phase II awards
    • If the period of performance of the matching SBIR or STTR award is complete, it may have ended no earlier than January 1, 2016, and the applicant must be actively pursuing technology commercialization during this interim
  • OR Submitted or plans to submit a federal SBIR or STTR Phase I or II application targeting the development of qualified research or technologies
    • in CY2016, for which an award decision has not yet been made, or
    • in January 2017, for which the federal deadline is not later than January 31, 2017
  • Employs fewer than 12 full-time employees
  • Has at least 51% of its employees reside in Virginia
  • Has at least 51% of its property located in Virginia

Applying for CRCF Funding

Applicants seeking funding under the SBIR and STTR Matching Funds Programs must have submited an online Letter of Intent (LOI) by 5:00 p.m. on Thursday, November 10, 2016; LOIs are not accepted after the deadline. An automatically-generated email was sent to the applicant upon LOI submission confirming receipt. Once the LOI has been reviewed and approved by CRCF staff, applicants will receive directions via email on accessing and completing the application.

 

Questions? Contact crcf@cit.org.