2012-2013 Granting Programs (Updated March 15, 2013)

The following types of grants are available for Washington for-profit and non-profit organizations :

• 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 capitalize on projects that offer LSDF the ability to leverage its funds against those invested contemporaneously by other sources.

LSDF is implementing a new submission and review process for 2012-2013:

• Year-round application submission
• Monthly pre-proposal reviews (includes a presentation and interview)*
• 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 will be 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 on this page. 

Update March 15, 2013: LSDF has posted the following documents:

• A revised Request for Proposals (RFP). All applicants should review this document carefully and note the changes from the prior RFP.
• An FAQ focused on LSDF’s grant payback requirements. For-profit entities are especially encouraged to read this FAQ carefully before applying for LSDF funding.

Info Session

Presentation slides from the informational webcast

Recorded webcast

Key Dates

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.