Grant Round 16 Awarded

Virginia Catalyst Awards $3.18 Million in Grants to Support Life Sciences in the Commonwealth
Four collaborative projects involving Virginia research universities and industry partners
selected to address major unmet healthcare needs, drive job creation and capital formation in Virginia
 
RICHMOND, VA – June 27, 2024  – The Virginia Catalyst, also known as the Virginia Biosciences Health Research Corporation (VBHRC), today announced that it has awarded $3.18 million in grants to four life and bioscience projects in the Commonwealth of Virginia. These grants, which will be met with significant matching funds from partner companies, were awarded through Grant Round 16.
 
“Powerful collaborations between Virginia’s research universities and industry is resulting in major breakthroughs in medical diagnostics, devices, and drug discovery” said Mike Grisham, CEO of Virginia Catalyst. “It’s also generating significant economic development in the Commonwealth through job creation and capital investments.”
 
Through this 16th round of funding, Virginia Catalyst has awarded 65 grants totaling nearly $33 million, resulting in over $50 million in matching funds and over $600 million in follow-on funding to date.

Read the full release here