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RICHMOND, VA – October 21, 2025 – The Virginia Catalyst announced today that it is accepting letters of intent (LOI) for Grant Round 19 to fund the development and commercialization of life science projects that address major unmet needs for improving human health and advance Virginia’s economy.
“We at the Virginia Catalyst are pleased to provide funding in support of the Governor’s Lab-to-Launch initiative” said Mike Grisham, CEO of Virginia Catalyst. “Collaboration between our research universities and industry drive innovations that contribute to economic development in the Commonwealth.” Letters of Intent (LOI) must be received by January 16, 2026 at 5:00 PM Eastern Time. Projects that meet funding criteria will be invited to submit a full application by March 20, 2026. Applications will be reviewed and scored by an independent review team of scientists, venture capitalists and CEOs of Virginia-based life science companies. The top eight applicant teams will be invited to present their proposal in April and awards will be announced in May 2026. The LOI submission form, along with funding criteria and frequently asked questions, are available on the Virginia Catalyst website (www.virginiacatalyst.org/apply.html). Read the full press release here
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