Innovation. Entrepreneurship. Bold thinking.

The Quest Innovation Fund was designed to foster the growth of Virginia Commonwealth University’s culture of innovation, creativity and entrepreneurship. 

We aim to support innovators, encourage bold thinkers and sponsor risk takers. These activities are an integral part of life at VCU, and proof that “make it real” is not just a tagline for our billboards; it's VCU’s mantra.

Which pool fits your needs?

The Quest Innovation Fund offers two funding pools that reflect important elements of our role in the regional economy and key components of Quest for Distinction.

Commercialization Fund: Supporting Commercialization of Research
This pool provides funding to advance research projects toward commercialization. It is intended to develop VCU inventions to a more mature stage, improving their chances of being out-licensed and brought to market where they can benefit society. The application is now closed. The Proof of Concept Review Board will assess applications and present recommendations to the Office of the President. Quest Innovation Fund recipients will be notified by the Office of the President in early 2017.

Entrepreneurship Fund: Supporting Entrepreneurial Activity
This pool seeks to support and encourage entrepreneurial activity at VCU, including start-up grants, a paid pre-acceleration program and paid start-up internships. Developing students with this agile training is critical to fulfilling future workforce needs and further supports our economy by producing graduates who are job creators as opposed to job seekers. Applications are now closed. We will be announcing our selection decision in early December. If you have any questions or concerns, please contact Nicky Monk at nmmonk@vcu.edu.