Click here to access resources for the FY2020 solicitation.

CRCF FY2020 Solicitation

The Letter of Intent (LOI) submission window has closed. LOIs are no longer accepted.

To be included on the CRCF listserv for announcements about this and future solicitations, visit: The CRCF team can be reached at


The Commonwealth Research Commercialization Fund (CRCF) advances science- and technology-based research, development, and commercialization to drive economic growth in Virginia. To do so, CRCF creates and fosters high-potential technology companies while encouraging and strengthening collaboration and partnerships between the public and private sector. The Fund seeks to advance Virginia's position in strategically important areas including, but not limited to human health, cyber security, smart communities, and unmanned systems.

Approximately $2.5 million is available to award during the single FY2020 round.


Five programs are available. Click on the program name for more information and to access program-specific materials.

The link to submit a Letter of Intent (LOI) is accessible at the bottom each program page.

Private Sector Academia, University Research Consortia, Federal Labs, and Other Nonprofit Research Institutions

Commercialization Program


Matching Funds Program


SBIR and STTR Matching Funds Programs


Eminent Researcher Recruitment Program



LOI Process

The Letter of Intent (LOI) submission window has closed. LOIs are no longer accepted.

DOWNLOAD LOI Narrative Template (for all programs except Eminent Researcher Recruitment)

DOWNLOAD LOI Narrative Template (Eminent Researcher Recruitment only)

The LOI process has been revised for FY2020. This year the LOI will call for more information about the proposed technology and why funding its development would be a good investment for the Commonwealth. Each set of Program Guidelines and the LOI narrative template -- both available from the Documents window on the specific program page linked under Programs, above -- will identify the information sought and specific administrative criteria such as maximum number of pages and character count, font and font size, and margins. Applicants must complete the LOI narrative template and then upload the narrative into their online form.

Applicants may begin submitting their LOI at this time.

LOIs will be reviewed for eligibility and fit for the FY2020 CRCF program following the November submission deadline. The review will be completed by the RTIAC and a pool of subject matter experts. Each question (or bullet, for the Eminent Researcher Recruitment Program) will be assigned a score, 5-1, from highly promising to poor or not a fit for CRCF. An LOI's overall score will determine whether a proposal will be invited:

  • 25-22: considered 'highly promising' and expected to be invited to submit a proposal
  • 21-18: considered 'promising' and may be invited to submit a proposal
  • 17-15: may be asked to strengthen one or more areas and submit in a future round
  • 14 and below: may be asked to strengthen one or more areas and submit in a future round or will be advised that the technology or project is not a fit for CRCF

All applicants will be notified of their acceptance status in mid-December; those invited to submit an application will receive instructions and those whose LOIs are not selected will receive reviewer feedback in January. LOI decisions are final.



Industry Sectors

Projects submitted under any program must directly align with one or more of the following industry sectors:

  • Clean energy: includes solar, wind, geothermal, bioenergy, nuclear, clean coal, and energy efficiency technologies
  • Cybersecurity: includes technologies designed to protect networks, devices, programs, and data from attack, damage, or unauthorized access
  • Data analytics: technologies envisioned are specialized systems or software. Data analytics is the process of examining large data sets in order to draw conclusions about the information they contain, increasingly with the aid of specialized systems or software. The insights from data are used to recommend action or to guide decision-making rooted in business context.
  • Life sciences: includes diagnostics, therapeutics, medical devices, health IT, and biotechnology
  • Unmanned systems: unmanned or autonomous vehicles or systems for air, space, land, or maritime use. Eligible technologies include vehicles or other mobile solutions and their subsystems, components, and software, as well as the data derived from their use.

Many resources are and will be available to aid applicants in understanding the CRCF programs, processes, and in preparing strong LOIs and applications. Visit the CRCF FY2020 Resources page to register for regional briefings, download FAQs and sample documents, access topic-specific videos (coming soon), and register for webinars (coming soon). The CRCF team also is available for questions by emailing