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OpenState programOpen to for-profit businesses

Regional Innovation Fund (RIF)

Virginia Innovation Partnership Corporation (VIPC)No deadline listedUp to $500,000

Summary

VIPC grants up to $50,000 (Track 1) or $50,000–$500,000 a year (Track 2) to Virginia organizations, including businesses, that support tech entrepreneurs. Rolling, year-round proposals.

About this grant

The state-funded Regional Innovation Fund gives competitive grants to organizations, including businesses, that serve science- and technology-based entrepreneurs and ecosystems in Virginia, such as accelerators, incubators and training providers. Grants cannot be passed through to startups as investments, grants, stipends or loans. VIPC accepts proposals on a rolling basis throughout the year.

Who can apply

  • For-profit companies
  • Small businesses
  • Nonprofits
  • Colleges and universities
  • State and local governments

RIF eligibility is limited to organizations — business, government, academic, and nonprofit — that are:

Headquartered, maintaining, or establishing a significant operating presence, in Virginia

RIF grants cannot be used for: Equity investments, grants, stipends, or loans to startups

Topics and uses of funds

Topics

  • Entrepreneurship
  • Innovation ecosystem
  • Technology

Money can be used for

  • Program operations
  • Capacity building
  • Business services

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