SBIR and STTR Matching Funds Programs

The CRCF SBIR and STTR Matching Funds Programs accelerate commercialization of high-potential research or technologies by Virginia-based technology businesses that have received a recent SBIR or STTR Phase I or II award from a federal agency in eligible industry sectors. SBIR and STTR Matching Funds awards support commercialization of the technology supported by the federal award; uses may include filling the gap between Phase submissions and/or assisting with commercialization activities not supported by the federal award. Associated SBIR or STTR awards may not be tied to existing CRCF awards.

The CRCF programs support commercialization goals through technology development in Virginia. CRCF monies additionally may be used for market validation, intellectual property protection, acquisition of materials and supplies, and/or other efforts that further technology commercialization and drive economic benefits in Virginia. Projects must be based on sound scientific principles and present an opportunity for valid research.

Organizations may submit one LOI/application for up to $50,000 and receive one award under the Commercialization, SBIR Matching Funds, or STTR Matching Funds Programs. Companies that are affiliated through ownership, common management or leadership, and/or other control are considered under the same umbrella and may participate through one total submission this round.

Refer to the Program Guidelines for complete eligibility criteria and program information.

All materials for this program, including the Guidelines, templates, and a sample application, can be accessed through the Documents window on the right-hand side of the screen; click "View More Documents" to see all materials available. Visit the CRCF FY2019 Resources page for additional information and materials to aid you in the application process.

Qualified Applicants

Applicants for the SBIR and STTR Matching Funds Programs must be Virginia-based technology businesses that:

  • Received an SBIR or STTR Phase I or II award from a federal agency targeted at the development of qualified research or technologies
    • Phase I applicants may have received up to five SBIR and/or STTR awards
    • Phase II applicants may have received up to eight SBIR and/or STTR awards
    • The period of performance of the matching SBIR or STTR award must have begun January 1, 2017 or later. If the period of performance of the federal award is complete, the applicant must be actively pursuing commercialization.

OR

  • Submitted and are awaiting an award decision or plan to submit an SBIR or STTR Phase I or II application targeting the development of qualified research or technologies for a federal deadline on or before January 31, 2019

Additionally, qualified applicants must:

  • Employ fewer than 12 full-time employees
  • Have at least 51% of its employees reside in Virginia
  • Have at least 51% of its property located in Virginia
  • Have received no more than two prior CRCF awards

Applying for CRCF Funding

Applicants seeking funding under the SBIR or STTR Matching Funds Programs must submit an online Letter of Intent (LOI) by 12:00 p.m. (noon) on Thursday, November 8, 2018; LOIs are not accepted after the deadline. An email will be sent to the applicant upon LOI submission confirming receipt. Once the LOI has been reviewed and approved by CRCF staff, applicants will receive directions via email on accessing and completing the application.

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Questions? Contact crcf@cit.org.