The Center for Innovative Technology (CIT) announced today 43 awardstotaling $3 million for the FY2013Commonwealth Research Commercialization Fund (CRCF). The awards were made to 27 unique organizations from academia, the research community and industry across Virginia for the purpose of funding targeted areas of research with commercial promise aligned with the Commonwealth Research and Technology (R&T) Strategic Roadmap.
CRCF funding is available to public and private institutions of higher education, private sector businesses, research institute, federal labs and political subdivisions. Governor McDonnell and the General Assembly appropriated $4.8 million to the Fund each for FY2013 and FY2014. Five programs were eligible for award during the most recent solicitation: Commercialization, Facilities Enhancement Loan, Matching Funds, SBIR Matching Funds and STTR Matching Funds. Awarded projectsrepresent the areas of advanced manufacturing, aerospace, communications, cyber security, energy, environment, information technology, life sciences, modeling and simulation and transportation.
