Gov. Northam announces $3.4M to advance research commercialization in key technology sectors
RICHMOND, Va. (WFXR) – On Monday, Governor Ralph Northam announced that 34 small technology-focused businesses in Virginia will receive a total of $3.4 million in Commonwealth Commercialization Fund (CCF) grants to commercialize research in an array of sectors including agriculture and environmental technologies, autonomous systems, clean energy, cybersecurity, data analytics, life sciences and space and satellites.
CCF was launched in 2020 in an effort to promote innovative and collaborative commercialization efforts, consolidating two legacy programs, the Commonwealth Research Commercialization Fund and the Virginia Research Investment Fund.
The following CCF projects will be awarded, contingent on acceptance of award terms and conditions: