LSDF is now accepting pre-proposals from Washington for-profit and non-profit organizations for the following types of grants:
- Proof of Concept grants (up to $250,000 per award) to enhance the commercial viability of intellectual property developed by non-profit organizations or enhance the competitiveness of early-stage companies for private equity investment. (This grant mechanism combines the Commercialization and PreCede mechanisms offered in prior years.)
Opportunity grants (up to $1.4 million per award) to fund extraordinary research and development proposals having the ability to significantly leverage LSDF dollars against those invested contemporaneously by other sources.
LSDF implemented a new submission and review process for 2012-2013:
- Year-round application submission.
- Monthly pre-proposal reviews (including a presentation and interview for Proof of Concept applicants).
- Quarterly proposal reviews and awards by the LSDF Board of Trustees.
View Application Dates & Deadlines for specific dates.
The 2013-2014 RFP will be released in early August 2013 and the first pre-proposal deadline will be later that month. LSDF will not be accepting pre-proposals in July 2013.
All applicants must submit a pre-proposal to be considered for a grant. Only a subset of pre-proposals will be invited to submit a proposal. Invitations to submit a full proposal expire on July 23, 2013.
Up to $7,000,000 is available for award through September 2013, with no specific allocations or quotas by grant type (Proof of Concept vs. Opportunity) or applicant organization type (for-profit vs. non-profit). As awards are made, the remaining balance of funds will be available here.
Update - LSDF released the following documents on March 15, 2013: