Launch Grant

Commonwealth Commercialization Fund

Description

The Launch Grant, provided by the Commonwealth Commercialization Fund through VIPC’s Launch program, supports promising early-stage startups in Virginia before they have a minimum viable product. It aims to help these companies commercialize their innovations and boost the state's economic growth by offering financial assistance and resources to help them attract further funding.

The Launch Grant, offered by the Commonwealth Commercialization Fund through VIPC’s Launch program, is designed to support high-potential, early-stage companies in Virginia. This initiative targets startups that are in the pre-minimum viable product stage but show promise in commercializing inno…

Source

Agency

Commonwealth Commercialization Fund

Key Dates

Opportunity Posted

April 7, 2025

Eligibility

The following categories of applicants are invited to apply:

  • Small businesses
  • Residents of Virginia
Awards & Funding

Award Ceiling

$50,000

Funding Amount

~$50,000

Total Awards Given

20

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