Virginia Research Investment Committee and Virginia Research Investment Fund

“Its about creating jobs in Virginia, high paying jobs” – Dr. Patricia Dove, VASEM

Announcement

July 20, 2017

VASEM seeks expertise in the following to serve on an independent review committee.

Life Sciences:  With particular interest in biopharma, health IT, bioinformatics, biomarkers, personalized medicine, remote care delivery, medical devices and software, diagnostics, and computer-assisted drug design.

  • Neuroscience
  • Diabetes and Metabolic Disease
  • Cancer
  • Pharmacology
  • Cardiology

 Cyber Security:  With particular interest in resilience and recovery, social and behavioral characteristics & cyber-psychological behavior, security of medical devices and health/medical datasets, deep learning & machine learning for cyber-threat detection, enterprise networks, critical infrastructure security, cloud-based security, data and application encryption and key management, and mobile / device security

Energy:  With particular interest in wind technologies, biofuels, efficiency, and waste-to-energy applications

Environment: With particular interest in marine science (including aquaculture) and water and air quality monitoring and control

Advanced Manufacturing: With particular interest in agriculture & autonomous food production, additive manufacturing, semiconductors, robotics, remote monitoring and sensing, advanced materials, and nanotechnology

 

One of the missions of the Virginia Academy of Science, Engineering, and Medicine is to provide nonpartisan, technical expertise in science, engineering, and medicine to inform issues important to Virginia. In 2016, the Virginia General Assembly passed, and Governor Terry McAuliffe signed, legislation to support the academic research enterprise in the Commonwealth. The legislation created the Virginia Research Investment Fund (VRIF) and an awarding body, the Virginia Research Investment Committee (VRIC).

The legislation authorized research grant competitions to be administered by the State Council of Higher Education for Virginia (SCHEV) and stipulated that the proposals received be independently reviewed for certification of the scientific merits of the proposal. The statute suggested that the required science and technology expertise could be found among the membership of the Virginia Academy of Science, Engineering, and Medicine.

Today I am writing to ask for volunteers to serve on the review panels for Round 1 of the competition.

Proposals will be received in early August. The review period will begin in mid-August and extend through mid-October. It is expected that fewer than 20 proposals will be submitted. A small honorarium is available to volunteers and travel expenses will be reimbursed.

Successful grant applicants will propose applied research and development projects, including the related commercialization of the product(s) or services resulting from the research. Therefore, in addition to academic researchers with expertise in the areas listed below, VASEM is seeking panelists who are experienced entrepreneurs with expertise in start-ups created to commercialize the products of research and/or venture capitalists and angel investors. Further, given the long-term goal that a small start-up could develop into an established larger business, we are seeking volunteers from industry.

More information about VRIF and the grant competition can be found here: http://www.schev.edu/vric

To express your interest in participating or to nominate a qualified colleague, please send a biosketch (NIH or NSF format is acceptable) by COB, Wednesday, August 2 to Andrew Densmore Executive Director, Virginia Academy of Science Engineering and Medicine.

The potential for COI will be considered in selecting review panel members and participants will be asked to sign Nondisclosure Agreements.

More information about VRIF and the grant competition can be found here: http://www.schev.edu/vric

News

Quick Facts About VRIC and VRIF

  • The State Council for Higher Education in Virginia (SCHEV) is responsible for administration. Their website is regularly updated. You can see that here. 
  • The 2017 General Assembly session adjusted the funds available. The new budget includes $4 million available the first year and $8 million for the second year. Research Institutes such as VT, UVA, and VCU among others may apply for funds to recruit new researchers from out of state and retain talent here in Virginia.
  • Money is available as matching funds through a competitive application that favors multi-institution partnerships with the private sector.
  • The application will go through two panels. VASEM will oversee a panel of experts and score applications on technical merits. 
  • The second panel, called the Virginia Research Investment Committee will make the final decision about the funds. That committee is comprised of the Director of SCHEV, the Secretary of Finance, the staff directors of the House Appropriations and Senate Finance Committees, and three appointed citizen members.
  • The State Council of Higher Education for Virginia (SCHEV) will develop the guidelines related to administration and award of grants from the fund.