City Biz List: CIT Announces $7M Grant Funding Round

The Herndon-based Center for Innovative Technology (CIT) on Thursday opened the application process for $7 million in grant funds from its new Commonwealth Commercialization Fund, focused on promoting innovation and technology commercialization initiatives.

The fund started six months ago. This round will provide grants up to $100,000 to support companies’ commercialization and market entry goals. Funding can be used for product or service development, market research, intellectual property protection, marketing and pilots.

View full article in City Biz List.

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