About CIT

About CIT

CIT seeks to close innovation gaps in the Commonwealth and the nation by focusing on new technologies, entrepreneurs and technology companies that make innovation happen.

CIT R&D

CIT R&D

CIT R&D conducts world-class research and development programs that create new industry clusters by focusing on areas that will deliver significant economic impact and replace older economies.

Innovation and Entrepreneurship Measurement System (IEMS)

Innovation and Entrepreneurship Measurement System (IEMS)

The IEMS is a web-based portal that uses key metrics and outcomes to track the performance of Virginia’s innovation economy.

CIT Entrepreneur

CIT Entrepreneur

CIT Entrepreneur invests and leverages available funds for early-stage technology companies with a high-potential for technology commercialization, rapid growth and downstream private equity financing.

CIT Broadband

CIT Broadband

CIT Broadband initiatives help jurisdictions develop strategies and locate funding to install broadband technologies into under served areas.

News

CIT Investment Director, Jen O’Daniel, to Speak at Alberta Innovates Symposium

CIT is pleased to announce that Jennifer O’Daniel, Investment Director, will speak at the 2018 Alberta Innovates Future of Cyber Security Symposium in...

CIT Announces FY2019 Solicitation for Commonwealth Research Commercialization Fund

CIT announced today the Commonwealth Research Commercialization Fund (CRCF) Request for Proposals (RFP) for FY2019.

Tracy Tynan Joins CIT as Director of Virginia Center for Unmanned Systems

CIT announced today that it has hired Tracy Tynan as the new Director of the Virginia Center for Unmanned Systems. Tynan joins CIT with more than 15 years...

Events

Dec
03

SBIR/STTR for University, Blacksburg, VA

December 03, 2018
Time:04:30 PM - 07:00 PM This session is designed to help university researchers to understand the purpose of SBIR/STTR, processes, rules, eligibility requirements, licensing tips, tech transfer processes and other issues related to the SBIR and STTR programs. Also discussed will be new business formation tips and processes. Pizza will be provided!
Dec
04

SBIR/STTR Proposal Tips for DOD, NASA & Dept. of Energy, Blacksburg, VA

December 04, 2018
Time:08:30 AM - 01:00 PM This session is ideal for current and prospective small tech firms who want to learn some of the planning and proposal writing processes required for a compelling SBIR / STTR submission. Learn what it takes to write an SBIR/STTR, tips to be more effective, how agencies vary in their programs, and details on how to write effective Dept. of Defense, NASA, and Dept. of Energy SBIR/STTR proposals.

CRCF Private Sector
LOI Deadline

The first Commonwealth Research Commercialization Fund (CRCF) Letter of Intent (LOI) deadline is quickly approaching! LOIs from the private sector (Commercialization or SBIR / STTR Matching Funds Programs) are due by noon on Thursday, November 8! If you are a technology company in Virginia with a high-potential product or service on the path towards commercialization, submit your LOI today! LOIs for the Matching Funds and Eminent Researcher Recruitment Programs are due by Tuesday, November 27. 

For more information, please visit the
CRCF FY19 Solicitation page.

Virginia Founders Fund

The Virginia Founders Fund is designed to promote collaboration and support for regionally based innovation initiatives and to increase investment opportunities for entrepreneurs traditionally underrepresented in venture capital.  The Fund is dedicated to investments in minorities, women, and veterans across the Commonwealth, or other entrepreneurs located in regions outside of Northern Virginia.
For more information, visit: www.cit.org/virginiafoundersfund