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Find similar grantsLaunch Grants is sponsored by Virginia Innovation Partnership Corporation (VIPC). VIPC's Launch program provides competitive, non-dilutive grants to high-potential, pre-MVP (minimum viable product) startups in Virginia that have raised minimal equity, generated limited revenue, and demonstrate strong potential for economic impact in Virginia.
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Startups - Virginia Innovation Partnership Corporation VIPC is committed to making Virginia the best place to create, grow, and scale innovative technologies and startups. Its grant and investment programs bridge critical funding gaps faced by innovators, founders, and companies at the earliest stages of the entrepreneurial journey.
Discover how VIPC can support startups through the lifecycle of innovation and help identify the right opportunity to match a company’s stage and requirements Grants and Convertible Notes VIPC’s Launch program provides competitive, non-dilutive grants and dilutive convertible notes to high-potential, pre-MVP (minimum viable product) startups that have raised minimal equity, generated limited revenue, and demonstrate strong potential for economic impact in Virginia.
VIPC plans to issue quarterly solicitations for Launch Grants. Launch Note applications are accepted on a rolling basis. VIPC’s Lab-to-Launch initiative provides grants up to $50,000 to early-stage, Virginia-based startups that are utilizing the Fast-Track License Agreement with one of Virginia’s six R1-designated universities: UVA, Virginia Tech, VCU, GMU, ODU, and W&M.
Grants are to be used to reimburse the licensing university, and may additionally be used to carry out commercialization-focused activities that advance the company toward market readiness. Applications are accepted on a rolling basis.
Pre-Seed and Seed-Stage Direct Investments Virginia-based startups with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors, and Virginia may be eligible to seek $250,000 pre-seed and up to $1 million seed-stage investments through Virginia Venture Partners (VVP), VIPC’s venture capital investment platform.
VVP targets companies in which current and future equity investment will serve as a critical enabler of company growth. VVP accepts applications on a rolling basis. VIPC’s Federal Funding Assistance Program (FFAP) supports early-stage technology firms pursuing federal SBIR (Small Business Innovation Research) and/or STTR (Small Business Technology Transfer) funding.
FFAP offers guidance, training, and other valuable resources to help companies navigate the application process and become competitive for SBIR and STTR grants. For select companies seeking their first SBIR or STTR Phase I or II award, funding assistance may be available to cover proposal consultation, including preparation and review, proposal software, legal fees for IP and patent consultation, accounting services, and more.
Join the VVP investment team and other VIPC colleagues for a bi-weekly discussion with investors and exited founders about scaling your company and raising capital. Interactive breakout rooms will address questions about VVP, VIPC Launch, Lab-to-Launch, federal funding, and more. For the upcoming schedule and to register, visit VIPC Events .
Want regular invitations to your inbox? Add yourself to our Coffee with VIPC’s Virginia Venture Partners’ listserv. Go to Portfolio Company Jobs
According to the current listing, eligibility includes: High-potential, pre-MVP (minimum viable product) startups based in Virginia that have raised minimal equity, generated limited revenue, and demonstrate strong potential for economic impact in Virginia. Confirm the full requirements in the official notice before applying.
Launch Grants is funded by Virginia Innovation Partnership Corporation (VIPC). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Virginia. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
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