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Regional Innovation Fund (RIF)

Regional Innovation Fund

Supports Virginia entrepreneur organisations strengthening startup ecosystems through ecosystem development grants.

Between cyclesVirginia Innovation Partnership CorporationUnited States

The Regional Innovation Fund (RIF) is a grant programme administered by the Virginia Innovation Partnership Corporation (VIPC) that provides up to $200,000 to Virginia-based entrepreneur support organizations (ESOs) to strengthen the state's startup ecosystem. Eligible organizations include accelerators, incubators, training providers, technology councils, chambers of commerce, and investor groups…

Grants of up to $200,000 for Virginia-based entrepreneur support organizations — accelerators, incubators, training providers, technology councils, and chambers of commerce — that support startup ecosystem development, with a required 1:1 match.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.17 weeks
Project durationiHow long the funded work is expected to run.12 months
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.100%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 22 Jul 2026Source: vipc.org