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CIT Announces FY2020 Solicitation for Commonwealth Research Commercialization Fund

$2.5 million in non-dilutive funding available for Virginia’s research community​

CIT Announces Annual Funding Sources Series for FY2020

Events provide an overview of funding opportunities available through CIT for researchers, entrepreneurs, and startup companies located in the Commonwealth.

Commonwealth Research Commercialization Fund

The Commonwealth Research Commercialization Fund (CRCF) accelerates innovation and economic growth in Virginia by advancing solutions to important state, national, and international problems through technology research, development, and commercialization.

Are you commercializing an early-stage, high-potential technology in Virginia?
CRCF may be for you!


The $2.5 million CRCF FY2020 round is now open. More information on each program, including eligibility criteria, guidelines, and the link to submit Letters of Intent (LOIs) are available by clicking the link above and then navigating to the program of interest. We encourage you to take advantage of all the resources offered to support LOIs and applications, including regional briefings, FAQs, and more -- additional resources will be added throughout the round, such as videos and webinars. Questions may be directed to the CRCF team at

Add yourself to the CRCF listserv for future announcements and opportunities.

Proposals submitted to CRCF undergo a multi-stage review process. The process includes assessment by subject matter experts (SMEs), followed by evaluation and award recommendations made by the Research and Technology Investment Advisory Committee (RTIAC) to the CIT Board of Directors. The review process culminates with award decisions made by the Board. CRCF awards contribute to the Commonwealth’s overall plan to enhance economic development through technology research and commercialization and, as such, CRCF awards must further the goals set forth in the Commonwealth Research and Technology Strategic RoadmapIn addition to identifying research areas worthy of economic development and institutional focus, the Roadmap provides a framework for aligning key industry sectors within the state.

Since its inception in FY2012, CRCF has announced more than 350 awards totaling nearly $28 million. View the growing list of recipients, including our FY2019 awardees.

CRCF Annual Reports are available on Virginia’s Legislative Information System (LIS)’s website. View the FY2019 CRCF Annual Report.

For questions, please contact