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FAQs

What is the Commonwealth Research Commercialization Fund (CRCF)?

What organizations are eligible to apply?

What types of research and technologies are available for funding?

What is the total amount of available CRCF funds?

How many awards will there be, and what can we expect as an average award amount?

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CRCF FY2013 Solicitation

Goal

The goal of the CRCF program is to advance science- and technology-based research, development, and commercialization to drive economic growth in the Commonwealth of Virginia; create and foster high-potential technology companies; and to encourage collaboration between institutions of higher education and partnerships among these colleges and universities and business and industry.

Programs

The following programs are available during this FY2013 solicitation. Click on the program for more information.

Key Dates

DATE DESCRIPTION
December 3, 2012 RFP issued to public
December 17, 2012 LOI deadline *
January 18, 2013 Proposal deadline
Late-May 2013** Award announcements

 

* Letters of Intent (LOIs) were required for all applicants intending to submit a full proposal.

** Updated May 2, 2013.

 

Webinars

Live and pre-recorded informational webinars discussing the CRCF FY2013 solicitation are available during the submission period. Click on the links below to view webinars.

  • VIEW: CRCF FY2013 - The Application Process
  • VIEW: CRCF FY2013 - Completing the Budget/Budget Narrative
  • VIEW PART I / VIEW PART II: CRCF FY2013 Overview, from December 6, 2012 Live Session
  • VIEW PART I / VIEW PART II: CRCF FY2013 Overview, from January 4, 2013 Live Session

 

Direct questions regarding the CRCF program to crcf@cit.org.

 

 

 

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 and qualified research institutions, federal labs, political subdivisions, and/or to technology companies within the Commonwealth.