Here's a funding opportunity for Va. startups - Technical.ly DC

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Oct. 11, 2018 8:45 am

Here’s a funding opportunity for Va. startups

Doing work in cybersecurity, clean energy, life sciences, data analytics or unmanned systems? The state-backed Commonwealth Research Commercialization Fund might have some moolah for you.

And also startups.

(Photo by Flickr user Elvert Barnes, used under a Creative Commons license)

The Center for Innovative Technology (CIT) announced Tuesday that it is accepting proposals for its Commonwealth Research Commercialization Fund (CRCF). CIT is backed by the Commonwealth of Virginia and this initiative was launched to continue to support projects in Virginia focused on industry areas. Since its inception, the fund has awarded $25.3 million to 306 Virginia projects.

CRCF is offering these programs during the 2019 fiscal year, split into two categories:

For private-sector companies:

For university research associations, federal labs and other nonprofit research companies:

Applications must align with one of these industry sectors: cybersecurity, clean energy, life sciences, data analytics and unmanned systems.

More information about application deadlines can be found here. Awards will be announced in June 2019.

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