The Commonwealth · Virginia’s machinery

Virginia Biosciences Health Research Corporation

State life-science money that only pays for collaboration.

$40Mawarded since 2013
$700M+in follow-on funding
75grants

Overview

A nonprofit created by the Commonwealth in 2013 and funded by the General Assembly alongside five public universities, UVA among them. Virginia Catalyst will not fund a university alone — every award requires a research university and an industry partner on the same project, which is what makes it a translation instrument rather than a research grant.

  • 75 grants totaling $40M since December 2013
  • Awards of $200,000 to $800,000 per project
  • Drew nearly $60M in matching funds and $700M+ in follow-on
  • Requires a university–industry partnership on every award
  • Member institutions: UVA, VCU, Virginia Tech, George Mason and Old Dominion