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 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.

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.


CIT GAP Funds Invests in HyperQube to Accelerate the Creation of Virtualized Test Environments

HyperQube is the answer to the question, “What if the enterprise could instantly create a carbon copy of their network to test the impact of a cyber-attack?”

ReAlta Life Sciences Announces FDA Orphan Drug Designation for PIC1 for the Treatment of Hypoxic-Ischemic Encephalopathy

PIC1 positioned as a novel pharmacological intervention to improve survival and cognitive outcomes for newborns affected by devastating disease

CIT Engages Venture Partner to Expand Outreach for CIT GAP Funds and Virginia Founders Fund

Greg Feldmann, President of Skyline Capital Strategies, will build relationships with key deal flow sources in targeted geographies.​



Whiskey and Wine Tastings at Wingtip

February 26, 2020
Time:05:30 PM - 08:00 PM


March 05, 2020
Time:01:00 PM - 02:00 PM Mary Clague, the Small Business Innovation Research (SBIR) Program Manager for the National Institute of Standards & Technology, will present an overview of their SBIR program. Included will be tips for first timers, what the process is at NIST, how much funding they provide in their awards, the mission of their program, and what their expectations are for award winners regarding commercialization and customer engagement. An overview of the 2020 SBIR solicitation will also be presented!

Project Management & Budget/Cost Proposals for Federal Projects

March 17, 2020
All Day Event CIT is pleased to partner with Virginia’s Procurement Technical Assistance Centers (PTAC) to host these full day training sessions. Each event provides valuable tools to anyone bidding on, managing, and developing budgets for Federal projects. Each session includes an Intro to Federal SBIR Grants, Project Management training, and Budget/Cost Proposal Prep for Federal Projects.

FY2020 Application Deadline

The deadline to submit FY2020 CRCF applications is quickly approaching! For those organizations whose projects were approved following the LOI review, applications must be submitted by noon on Friday, February 7 via the CRCF online portal. Late submissions will not be considered.

All communications regarding LOI decisions have been issued. If you are unsure of the status of your LOI, please first check your 'Spam' folder. If you're unable to locate the emails, reach out to the CRCF team at crcf@cit.org and reference your organization name and the PI's last name or the project's Request ID.

Check out: www.cit.org/initiatives/crcf/fy2020/
for more information on this round.

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