CIT Announces Inaugural Solicitation for the New Commonwealth Commercialization Fund
Up to $7 million in non-dilutive funding available for Virginia companies
Richmond, VA, Jan. 07, 2021 (GLOBE NEWSWIRE) The Center for Innovative Technology (CIT) announced today its Request for Proposals (RFP) for the first solicitation under the newly formed Commonwealth Commercialization Fund (CCF).
The CCF was launched on July 1, 2020 to foster innovative and collaborative commercialization efforts in Virginia, consolidating two legacy programs: the Commonwealth Research Commercialization Fund (CRCF) and the Virginia Research Investment Fund (VRIF). In FY2021, CIT is conducting a single CCF solicitation for young Virginia companies that have strong potential to drive economic growth in Virginia, including through revenue and job creation. Up to $7 million is available to award; a one-to-one match is required.
5 Questions With… 2020 Recap
In 2020 we introduced a new series titled “5 Questions With…” in an effort to spotlight individuals from across the BioHealth Capital Region and beyond. Providing this platform has allowed us to help share the stories of industry peers and show that there isn’t a single “right” way to becoming an industry success.
As the year wraps up and we look forward to 2021, we are also looking back to the 30 guests we’ve featured in this series. From CFOs to Scientists, Veterans to Venture Capitalists, Company Founders to Leadership who recently joined their current companies, and everyone inbetween.
Policy Can Change Attitudes with Louise Epstein
In this episode of Tech Transfer IP, Lisa is talking with Louise Epstein. Louise is the Executive in Residence at the Austin Technology Incubator (affiliated with UT Austin) and a principal advisor with the Larta Institute. In both positions, she provides business commercialization advice to science-based startups. Before Larta, Louise was the Director of University Partnerships for the Walton Family Foundation, where she crafted grants for maximum impact. While there, she wrote “12 Critical Components of University Technology Commercialization,” which has served as a primer for many technology transfer offices interested in creating startups.