Virginia Research Investment Fund

• Round 3 Call for Proposals

  The Virginia Research Investment Committee has issued a Call for Proposals for Round 3 - Research Commercialization Advancement Plans. Please see the Round 3 website for details and the Call for Proposals.
  
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• Round 4 Call for Proposals

  The Virginia Research Investment Committee has issued a Call for Proposals for Round 4 - Comprehensive Supportive Services for Proof of Concept and Commercialization. Please see the Round 4 webpage for details and the Call for Proposals, which was revised after the VRIC meeting on August 13, 2019.
  
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• Commonwealth Cyber Initiative - Contacts for Regional Nodes

  At the June 11, 2019 meeting, the Virginia Research Investment Committee certified four regional nodes of the Commonwealth Cyber Initiative. Contact information for each node is below.
  
  Contact Information for CCI Regional Nodes
  
  Central Virginia Region
  Lead Institution: Virginia Commonwealth University
  Primary points of contact:
  Dr. Erdem Topsakal - https://egr.vcu.edu/directory/erdemtopsakal/
  Dr. John Leonard - https://egr.vcu.edu/directory/johnleonard/
  
  Hampton Roads Region
  Lead Institution: Old Dominion University
  Contact: Mike Robinson RMRobins@odu.edu
  Node Director: Brian Payne
  
  Northern Virginia Region
  Lead Institution: George Mason University
  Contact: Liza Wilson Durant ldurant2@gmu.edu
  
  Southwest Virginia Region
  Lead Institution: Virginia Tech
  Contact: Gretchen Matthews gmatthews@vt.edu

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• VRIF Round 1 Grant Awards

  The Virginia Research Investment Committee voted to award two grants on December 11, 2017 and one grant on January 8, 2018. For press releases from the Governor's Office and more information on the awards, visit the Round 1 grant awards page.
  

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• VRIF Round 2 Grant Award

  The Virginia Research Investment Committee voted to award one grant on August 13, 2019. For the press release from the Governor's Office and more information on the awards, visit the Round 2 grant awards page.
  
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• Creation

  The 2016 Virginia General Assembly passed, and Governor Terry McAuliffe signed, legislation to support the academic-research enterprise in the Commonwealth. Enacted as Article 8 of Chapter 31 of Title 23.1 (§23.1-3130 through §23.1-3133) of the Code of Virginia, the legislation created the Virginia Research Investment Fund (VRIF) and an awarding body, the Virginia Research Investment Committee (VRIC). The Director of SCHEV is designated as VRIC Chair. SCHEV is charged with establishing guidelines, procedures, and objective criteria for the award of grants from VRIF. The 2016 legislation also amended Va. Code §2.2-3705.6 (exclusions to the Freedom of Information Act), §2.2-3711 (closed meetings authorized), and §23.1-203 (duties of State Council of Higher Education for Virginia). In 2017, amendments to the authorizing statutes were proposed as SB1371/HB2245. Signed into law as Chapter 816, the amendments added §23.1-3134.

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• Appropriations

  The 2016-2018 biennial budget bill of the 2017 General Assembly Session, Chapter 836, designated $4 million for VRIF in FY2017 and $8 million in FY2018, as well as $29 million in bonding authority in FY2017 to support the purchase of research equipment or laboratory renovations associated with researcher incentive packages and the translation of research into commercial use (see Item 255). The budget also designated the VRIF as recipient of the final proceeds of the sale of certain property in Loudon and Fairfax counties deemed surplus (see Paragraph U of Item 428). The 2018-2020 biennial budget bill of the 2018 General Assembly Special Session 1, Chapter 2, designated $8 million for VRIF in each year (see Item 252).
  
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• Members

  List of members and biographies.
  
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• Meetings

  Meeting information, agendas, and materials.
  
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• Resources

  Links to related programs in Virginia and other states.

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