Award Process

Virginia Catalyst grant rounds are announced as funding becomes available. 

Applications
Letter of Intent

• Project teams that meet eligibility criteria are invited to submit a 2 page letter of intent using the LOI template found on the downloads page. 
• The 2 page limit does not include the contact information or signature page.
• Each LOI is reviewed by members of the Project Management and Oversight Panel. Those project teams whose proposals meet criteria are invited to submit a full application.

Application

• The application is submitted as a 14 page Powerpoint using the provided template.
• Each application is reviewed by members of the Project Management and Oversight panel using the scorecard.
• Project teams with high scores are invited to present in person to the Project Management and Oversight Panel. Presenters are allotted 20 minutes, followed by 10 minutes of Q&A.

Funding Decisions

• Based on the recommendations of the Project Management and Oversight Panel, our Board of Directors makes all final funding decisions.

Downloads


Formal Project Power Point Presentation Template
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Project Management and Oversight Panel Scorecard

Awards
Requirements

• Approval for funding by the Virginia Catalyst Board of Directors is subject to the negotiation of meaningful milestones, which are laid out in the grant agreement.
• Matching funds must be verified by our accounting firm prior to the first disbursement.

Progress Reports and Close Out

• We require semi-annual project reports from all ongoing projects. 
• A Final Report is required by all projects to receive the final milestone payment.
• Annual reports may be requested from the project team for up to five years after the project end date.

​​Award Checklist

Matching Funds Guidelines

Grant Agreement Template
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Quarterly/Annual Reports Template