Herndon, VA (PRWEB) January 09, 2015

the center for modern know-how (CIT) introduced these days the Request for Proposals (RFP) for the Commonwealth research Commercialization Fund (CRCF) FY2014 spring solicitation. CRCF advances science- and know-how-based totally analysis, building and commercialization to power economic increase in Virginia, enhance collaboration and partnerships between the public and private sectors, and foster high-doable expertise firms.

This spherical of funding, for nearly $ 5 million, opens on January 9, 2015 award announcements are planned for early June 2015. The solicitation objectives analysis and commercialization carried out via Virginia private and non-private universities, nonprofit research institutions, and young companies. Six programs are available all the way through this limited submission solicitation: Commercialization, Eminent Researcher Recruitment, services Enhancement mortgage, Matching money, SBIR Matching funds, and STTR Matching funds. candidates should publish a Letter of Intent (LOI) by way of Friday, January 31, 2015 to be eligible to post an software applications are due through Friday, February 21.

Pete Jobse, CIT President and CEO, mentioned, “CRCF awards make contributions to the Commonwealth’s general plan to beef up economic building through technology research and commercialization. This solicitation continues the Fund’s mission to pressure smart investment selections with a purpose to spur innovation and create a success corporations.”

small print on the FY2014 spring solicitation, together with application tips, sample applications, suggestion and budget templates, FAQs, and webinars are to be had on CIT’s website at Questions relating to this solicitation should be directed to crcf(at)cit(dot)org.

Awards from the CRCF further the objectives and business alternatives set forth the within the Commonwealth analysis and technology (R&ampT) Strategic Roadmap. Eligible applied sciences are recognized in application-particular pointers and include sectors corresponding to evolved manufacturing, cyber security, data analytics, vitality, life sciences and modeling and simulation.

in regards to the CRCF and R&ampT Roadmap

The Commonwealth analysis Commercialization Fund (CRCF) advances science- and technology-primarily based research, construction and commercialization to force economic growth in Virginia and to encourage collaboration amongst its establishments of upper education and partnerships between these colleges and universities and business and trade.

The Commonwealth research and know-how (R&ampT) Strategic Roadmap is a complete planning instrument the Commonwealth uses to identify analysis areas beneficial of economic construction and institutional focal point. It provides elected and other officials with priorities in key business sectors which have commercial promise and which might be eligible for new CRCF awards. The research and expertise investment Advisory Committee (RTIAC), constituted of university, trade and financial building experts, reviews purposes and make award recommendations to the CIT Board.

concerning the center for innovative technology,

on the grounds that 1985, CIT, a nonprofit corporation, has been Virginia’s primary driver of innovation and entrepreneurship. CIT hurries up the following generation of technology and technology firms through commercialization, capital formation, market building and income era products and services. To facilitate national innovation management and accelerate the rate of expertise adoption, CIT creates partnerships between revolutionary technology begin-up companies and evolved expertise customers. CIT’s CAGE Code is 1UP71. To examine more, please consult with apply CIT on Twitter @CITorg and add the center for innovative expertise on LinkedIn and fb.

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