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Round 1 Grant Awards

The Virginia Research Investment Committee voted to award two grants on December 11, 2017 and one grant on January 8, 2018. The press releases from the Governor's Office are further below.

On Jan. 8, 2018, the Virginia Research Investment Committee approved the award of funding for the following project:

"Brain Cancer Treatment with High-Frequency Electroporation"

  • Lead Institution: Virginia Tech
  • PI: Rafael Davalos, PhD
  • Amount: up to $1,111,758

For general audience summary, click here.
For general audience progress report as of Sept. 30, 2018, click here.

On Dec. 11, 2017, the Virginia Research Investment Committee approved the award of funding for the following projects:

“Eliminating the Neurocognitive Consequences of Diabetes: the Virginia Hypoglycemia Safety Project”

  • Lead Institution: University of Virginia
  • PI: Daniel Chernavvsky, MD
  • Amount: up to $255,855

For general audience summary, click here.
For general audience progress report as of Sept. 30, 2018, click here.

“Machine Learning for Cyber Awareness and Defense”

  • Lead Institution: Virginia Tech
  • PI: Timothy J. O’Shea PhD
  • Amount: up to $1,181,030

For general audience summary, click here.
For general audience progress report as of Sept. 30, 2018, click here.

Governor McAuliffe Announces Virginia Tech to Receive $1.1 Million Grant from the Virginia Research Investment Fund

~ Grant will support a medical device that will use low-energy electric fields to treat brain tumors~

RICHMOND – Governor Terry McAuliffe today [Jan. 9, 2018] announced that the Virginia Research Investment Committee (VRIC) has approved a $1.1 million grant to Virginia Tech to support a medical device that will use low-energy electric fields to treat brain tumors. The award is funded through the Virginia Research Investment Fund as part of a program to support promising technologies at Virginia’s universities that have strong commercial prospects. The Virginia Tech project has lined up $1.2 million in additional funding as a condition of the grant award.

“Virginia’s colleges and universities have a strong record of research and state-of-the-art technologies and I am proud that we are able to support the important work they are doing,” said Governor McAuliffe. “Projects like this one at Virginia Tech demonstrate how innovation in the laboratory and in the marketplace can work together to advance the new Virginia economy.”

“This invention shows how our colleges and universities are incubators for technologies that can save lives as well as drive the economy,” said Peter Blake, director of the State Council of Higher Education and chair of VRIC.

Projects were proposed in the life-science and cybersecurity fields by Virginia institutions of higher education and their partners. Each was evaluated for its commercial viability by a team of peer reviewers, entrepreneurs and investors. The State Council of Higher Education for Virginia (SCHEV) administered the competition and the committee made the final decision on the awards. In December, the committee approved two awards totaling $1.4 million for products from Virginia Tech and the University of Virginia.

The General Assembly designated $12 million for the research fund and $29 million in bonding authority to support the purchase of research equipment or laboratory renovations associated with researcher-incentive packages and the translation of research into commercial use.

Governor McAuliffe announces $1.4 million in grants from the
Virginia Research Investment Fund

RICHMOND —  Governor Terry McAuliffe today [Dec. 12, 2017] announced  that $1.4 million in grants have been awarded from the Virginia Research Investment Fund in its first funding round. The awards will support promising technologies at Virginia’s universities that have strong commercial prospects. The projects have lined up $1.6 million in additional funding as a condition of the grant awards. The State Council of Higher Education for Virginia (SCHEV) administered the competition and the Virginia Research Investment Committee members made the final decision on the awards.

“Virginia’s colleges and universities serve as our laboratories for new, innovative technologies,” said Governor McAuliffe. “These grants demonstrate how we can strengthen the new Virginia economy by bringing together innovative campus research and creative business ideas. I am proud that we can support this important work at our higher education institutions and further build upon Virginia’s reputation as national leader in research and cutting-edge technology.”

Projects were proposed in the life-science and cybersecurity fields by Virginia institutions of higher education and their partners. Each project was evaluated for its commercial viability by a team of peer reviewers, entrepreneurs, and investors.

The grants, approved yesterday by the Virginia Research Investment Committee, will bring the following inventions closer to market:

  •  An artificial pancreas that uses smart phones, insulin pumps and the online cloud to reduce blood-sugar variation in people with diabetes (University of Virginia): up to $255,855.
  • Two product lines based on patented algorithms that use machine learning to improve the safety and security of wireless communications from cyberattacks (Virginia Tech): up to $1,181,030.

“The promising proposals approved today are examples of how original research, when brought to life in the marketplace, can help people live better lives,” said Peter Blake, director of the State Council of Higher Education for Virginia and chair of the Virginia Research Investment Committee.

“These grants and commercial products demonstrate the potential of education not only to change lives but to save them,” said Virginia Secretary of Education Dietra Trent. “We are grateful to the governor and the General Assembly for their support of the Virginia Research Investment Fund.”

The General Assembly designated $12 million for the research fund and $29 million in bonding authority to support the purchase of research equipment or laboratory renovations associated with researcher-incentive packages and the translation of research into commercial use. 

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