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Virginia Catalyst Grants

 

Virginia Catalyst awards grants based on the following:

 

  • Collaborations involving at least two Virginia research universities and one industry partner in the bioscience field in order to accelerate translational research and commercialization.
  • Grants require proportionately matched industry partner funding scaled for size of enterprise
  • Letters of intent, applications and awards are made in discrete Rounds, triggered by an RFP at various times throughout the year; awards in range of $200,000 - $800,000.


Commonwealth Research and Commercialization Fund

The Commonwealth Research Commercialization Fund (CRCF) awards grants and loans to advance targeted research and commercialization in Virginia, including life science.  $2.8 million of new funding was added for Fiscal Years 2018-2019.

The three main subprograms are:

  • Research Matching: Awards up to $100,000 to collaborative research partners seeking outside grants but cannot identify a suitable match

  • The SBIR (Small Business Innovation Research) Matching Funds Program awards grants of up to $50,000 to Virginia-based technology companies that have won a Phase 1or 2 SBIR or STTR Award from the National Institutes of Health (NIH).

  • Commercialization: Awards to companies to encourage the commercialization of products and services in Virginia; $50,000 maximum grant

 

 

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