The VIPC Lab-to-Launch Initiative Grants support Virginia startups in commercializing university research by funding early-stage lab-to-market science and technology projects.
Funder: Virginia Innovation Partnership Corporation
Due Dates: Rolling
Funding Amounts: Up to $50,000 per award; 1:1 matching funds required; funding provided as a grant for commercialization activities.
Summary: Supports Virginia-based startups commercializing university innovations via the Fast-Track License Agreement with early-stage funding to accelerate lab-to-market transitions.
Key Information: Applicants must not have previously received VIPC commercialization funding (with some exceptions); application decisions typically within 60 days.
The VIPC Lab-to-Launch Initiative Grants are designed to accelerate the commercialization of innovations originating from Virginia’s six R1-designated research universities. Through this program, the Virginia Innovation Partnership Corporation (VIPC) offers early-stage, non-dilutive funding to startups leveraging the Virginia Fast-Track License Agreement. The goal is to bridge the funding gap between university-based research and market-ready products, helping startups transition technologies from the laboratory into viable, Virginia-based businesses. The program also provides support through entrepreneur-in-residence guidance, digital IP catalogs, and connections to investors.