Lab-to-Launch from Virginia Innovation Partnership Corporation accelerates commercialization of university research by funding and supporting Virginia-based technology spinouts.
Funder: Virginia Innovation Partnership Corporation
Due Dates: Rolling (applications accepted year-round)
Funding Amounts: Up to $50,000 per award; 1:1 matching funds required; typical project duration is 3–9 months.
Summary: Accelerates commercialization of technologies from Virginia’s R1 universities by providing early-stage funding and resources to university spinouts.
Key Information: Applicants must license IP via the Virginia Fast-Track License from a participating university and have not previously received major VIPC commercialization funding.
Lab-to-Launch is an initiative of the Virginia Innovation Partnership Corporation (VIPC) designed to fast-track the commercialization of high-growth technologies emerging from Virginia’s six R1-designated research universities: University of Virginia, Virginia Tech, Virginia Commonwealth University, George Mason University, Old Dominion University, and the College of William & Mary. The program provides up to $50,000 in grant funding (with a required 1:1 match) to Virginia-based for-profit startups that are licensing university intellectual property (IP) via the streamlined Virginia Fast-Track License. Lab-to-Launch also offers entrepreneur-in-residence support, digital IP catalogs, and enhanced access to capital and industry partnerships, aiming to double the number of university spinouts and establish Virginia as a leader in research commercialization.