News

Governor Northam Announces FY2018 Commonwealth Research Commercialization Fund (CRCF) Awards

Governor Ralph Northam announced today nearly $2.7 million in funding in support of 34 Commonwealth Research Commercialization Fund (CRCF) awards. The...

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Pancopia, an FY2016 CRCF awardee, wins the Federal Lab Consortium National 2018 Excellence in Technology Transfer Project of the Year Award, based on work...

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.

Congratulations to all award recipients under the FY2018 solicitation!

The community may continue to access FY2018 information and materials through July 31, 2018. Questions may be directed to the CRCF team via crcf@cit.org. Information regarding the CRCF FY2019 solicitation is not currently available, but be sure to add yourself to the CRCF listserv for future announcements and funding opportunities by clicking here.

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 300 awards totaling more than $25 million. View the growing list of recipients, including our FY2018 awardees.

CRCF Annual Reports are available on Virginia’s Legislative Information System (LIS)’s website. View the FY2017 CRCF Annual Report.

For questions, please contact crcf@cit.org.


 

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