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.

Secretary of Commerce and Trade Brian Ball talks with WINA's Les Sinclair about the growth in Charlottesville/Albemarle area and the growth in Virginia as a whole & CIT CRCF Awards | 2019

On Fri, Jun 7, 2019 Robby Demeria, Deputy Secretary of Commerce and Trade for Technology let us know that Brian Ball, Secretary of Commerce and Trade was...

Governor Northam Announces Commonwealth Research Commercialization Fund Award Winners

Governor Ralph Northam today announced $2.51 million in funding in support of 41 Commonwealth Research Commercialization Fund (CRCF) awards. The projects...

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.

Another CRCF funding opportunity is right around the corner! On August 30 CIT released additional information regarding the FY2020 solicitation: LOI approach and upcoming regional briefings. We invite you to take a look at these new details, along with the high-level criteria for the round, and consider whether CRCF may be a good fit for your high-potential technology. 
Questions may be directed to the CRCF team via

We look forward to formally announcing the RFP in early fall. Stay tuned to this page and/or add yourself to the CRCF listserv for future announcements and opportunities.

Check out our latest award recipients from the FY2019 solicitation!

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 FY2018 CRCF Annual Report.

For questions, please contact