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.
REVIEW FY2019 FUNDING OPPORTUNITIES
Launch your technology from lab to market! The $2.4 million CRCF FY2019 round is underway and all applications received this round are under review. Award announcements are planned for early June.
Add yourself to the CRCF listserv for future announcements and opportunities by clicking here. Questions may be directed to the CRCF team via firstname.lastname@example.org.
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 Roadmap. In 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 FY2018 CRCF Annual Report.
For questions, please contact email@example.com.