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

CRCF FY19 Award Recipient, JKM Technologies, Featured on NPR Segment

This fall, NPR's "How I Built This with Guy Raz" featured CRCF FY19 awardee, Dr. Casey Kerrigan, and her unique approach to making shoes using 3D printing.

CRCF Award Recipients from ReAlta Life Sciences and EVMS Developing Potential Treatment for 'Blue Babies'

Neel Krishna, a microbiologist who studies astroviruses at EVMS, and Dr. Kenji Cunnion, an infectious disease pediatrician at Children’s Hospital of the...

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.

CRCF FY2020 Solicitation Announcement

Applications are due this coming Friday, February 7, at noon via the CRCF online portal. Late submissions or submissions provided in any other format than the online portal will not be accepted. Applicants should refer to their December 13 electronic invitation for their unique link to re-access the portal and submit.

All communications regarding LOI decisions have been issued. All applicants should have received notice of their LOI status on December 13. For those not invited to submit a full application this round, individual feedback was shared on January 23. 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 and reference your organization name and the PI's last name or the project's Request ID.

Click here to learn more about the FY2020 round and to access application materials. $2.5 million is available to award under the CRCF FY2020 round and we encourage you to take advantage of all the resources offered to support preparation of strong and competitive applications. 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