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Webinar starting soon 1

Commonwealth Research Commercialization Fund (CRCF) FY2018 Solicitation Webinar: The Application Process Presented by Heather Engen, CIT R&D December 11, 2017 2

FY2018 Solicitation $2.5 million available in FY2018 Programs o Private sector Commercialization SBIR Matching Funds STTR Matching Funds o Academia, federal research facilities, university research consortia, and other nonprofit research institutions Matching Funds Eminent Researcher Recruitment Single solicitation o Limited submission 3

CRCF Applicants Clear idea of an unmet need or opportunity Specific technology development project Vision and path to commercialization of technology Comprehensive and realistic overview of the CRCF project and commercialization strategy Potential impact and/or benefit to Virginia 4

Eligible Industry Sectors Biosciences / MedTech Cyber Security Energy, specifically clean energy Environment, specifically water quality Information Technology, specifically data analytics Unmanned Systems 5

CRCF Materials www.cit.org/initiatives/crcf/fy2018/ All CRCF materials available online and program-specific: Guidelines Templates Sample applications Additional resources available online: FAQs Scheduled and recorded webinars 6

Sample Application A PDF sample of each program application is available to download from www.cit.org/initiatives/crcf/fy2018/ and then by clicking on the specific program. All program materials can be found in the Documents widget on the top right-hand side of the webpage. However, applications must be submitted using the online portal. 7

Application Invitation 8

Application Demo 9

Proposal Program-specific template Word format Contains 2-3 sections Required content; see Guidelines Upload into application in PDF format 10

Proposal Template 11

Budget/Budget Narrative Program-specific templates Multi-year templates available by request from crcf@cit.org Excel format Two tabs for completion: Budget Budget Narrative Upload into application as Excel document 12

Appendix No template; includes CVs, letter from Authorized Representative, letters of support, proprietary information, etc. SBIR/STTR Matching Funds Applicants: Evidence of Award Or document specifying submission deadline, sponsoring agency, Phase I/Phase II, federal project title, estimated date of award Required content; see Guidelines Upload into application in PDF format, single document 13

Proposal Tips CRCF purpose: Technology Development and Commercialization Strategy Content and format Consistency / accuracy Resubmissions / follow-on submissions / complementary submissions 14

Common Pitfalls Applications that do not comply with Program Guidelines will not proceed past initial review Insufficient detail Missing required elements Noncompliance with budget requirements Incorrect evaluation plan content No discussion of economic development potential for Virginia Sloppy submissions 15

Solicitation Schedule Commercialization, SBIR & STTR Matching Funds November 9, 2017 January 16, 2018 Letter of Intent (LOI) Deadline Application Deadline Eminent Researcher Recruitment & Matching Funds November 28, 2017 Letter of Intent (LOI) Deadline January 31, 2018 Application Deadline Early June 2018 Award announcements (All) 16

Review Process CIT: administrative compliance review CIT will not contact applicants for clarification or to request additional information; applications that are not in accordance with the Guidelines will not proceed past the compliance review Subject Matter Experts (SMEs): review and rank submissions Research and Technology Investment Advisory Committee (RTIAC): reviews and makes award recommendations to CIT Board CIT Board: makes final award decisions 17

Resources FY2018 solicitation: www.cit.org/initiatives/crcf/fy2018/ Application materials (Guidelines, templates) FAQs Webinars o o o Completing the LOI The Application Process Completing the Budget Sample materials (application, budget) 18

Q&A Questions? Contact the CRCF team at: crcf@cit.org Want announcements? Join our listserv: https://goo.gl/forms/wpjll62s0znnvhtl2 Need more info on current funding round? Visit: www.cit.org/initiatives/crcf/fy2018/ 19