Virginia Economic
Development Partnership

901 East Byrd Street
P.O. Box 798
Richmond, VA 23218-0798
USA
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Inquiries:
(804) 545-5700 (Domestic)
(804) 545-5750 (International)
(804) 545-5600 (General)
(804) 545-5806 (Media)



University Research Parks
Nine university research parks offer private companies opportunities for co-location and cooperative relationships with major Virginia universities. The recently opened Wallops Research Park, located on Virginia's Eastern Shore at the Wallops complex, provides access to NASA operations and the Pennsylvania-based Marine Science Consortium.

Commonwealth Center for Advanced Manufacturing (CCAM): CCAM is an applied research center that bridges the gap between fundamental research that is typically performed at universities and product development that is routinely performed by companies. The goal of CCAM is to accelerate the transition of technologies from fundamental developments through proof of concept and onto commercialization. CCAM also serves to focus technology developments on the solution of problems of practical importance and relevance to industry. CCAM brings together companies from multiple industrial sectors that have common technology interests and connects them with the research capabilities of world class universities. CCAM provides an industry led, university implemented applied research capability that is focused on providing technological solutions.

Innovation Research Park @ ODU: Innovation Research Park @ ODU is located in the 75-acre, mixed-use University Village on the campus of Old Dominion University in Norfolk, Virginia. As one of the only research parks in the nation to be located on the campus of its research institution, it sits at the heart of ODU's intellectual capital, research infrastructure, and student and faculty talent.

INNOVATION @ Prince William: A 1,500-acre business and technology park targeting biotechnology, life science, and supporting industries. Anchored by George Mason University’s life science campus, Innovation Technology Park has grown since its inception in 1992 to become home to biotech industry leaders. This unique public-private partnership has evolved into a unique “university-centered” model for economic development within Prince William County, resulting in the creation of nearly 2,700 new jobs and a total investment in the county of over $830 million.

The Institute for Advance Learning and Research: The Institute for Advanced Learning and Research (IALR) is driving regional economic growth through strategic research, advanced learning programs, and advanced networking and technology in Southside Virginia. At the IALR research centers, Virginia Tech faculty conduct research in the fields of advanced polymers, unmanned systems, sustainable horticulture and forestry, and motorsports/vehicle engineering. IALR research centers are designed to attract small and mid-sized companies that desire access to the expertise they offer. Additionally, each research center provides graduate and undergraduate educational opportunities uniquely focused on their current research with academic partners, Averett University and Danville Community College.

Thomas Jefferson National Accelerator Facility (Jefferson Lab): As a world-class research facility, Jefferson Lab is a valued partner to the local, regional and national education community. Jefferson Lab's long-term commitment to science education focuses on increasing the number and quality of undergraduate and graduate students who complete degrees in science; strengthening the motivation and preparation of all students, especially minorities and females; and addressing the serious under representation of minorities and females in science, math, engineering and technology careers.

University of Virginia Research Park: The University of Virginia Research Park is a 562-acre, 3-million-square-foot, fully master-planned, mixed-use development zoned for office, light industry, hotel/conference center, laboratory/medical/pharmaceutical, and retail/support commercial uses. In designing the Park, the University of Virginia Foundation developed plans for a people-oriented corporate village to meet the needs of today’s and tomorrow’s businesses in a setting of unmatched natural beauty. The Park represents an evolution in development planning, uniting the harmony and community of Jefferson’s Academical Village with a fully functioning office and research environment.

Virginia Advanced Shipbuilding and Carrier Integration Center (VASCIC): VASCIC was established in 1998 by the Commonwealth of Virginia's General Assembly.  The purpose of VASCIC is to enhance and promote the quality and competitiveness of Virginia’s shipbuilding industry and to promote the general welfare of Virginia citizens. In this state-of-the-art facility, Newport News along with electronic system suppliers, software suppliers, U.S. Navy laboratories and program representatives, and Virginia institutions of higher learning, will develop new technologies for aircraft carriers and advanced shipbuilding.

Virginia BioTechnology Research Park: A dynamic biosciences community strategically headquartered in downtown Richmond, Va., in the heart of the nation’s East Coast pharmaceutical and biotechnology corridor, just 100 miles south of Washington, D.C. and its federal regulatory agencies.
Originally created as a partnership of Virginia Commonwealth University, the City of Richmond and the Commonwealth of Virginia, the Park is home to a unique mix of more than 50 biosciences companies, research institutes affiliated with the VCU Medical Center and major state and national medical laboratories and organizations involved with forensics, testing of biotoxins and management of the nation’s organ transplantation process. The Park works hand-in-hand with VCU, other academic institutions, business, government and not-for-profit organizations to facilitate technology transfer and business development. Its business accelerator — the Virginia Biosciences Development Center — assists biosciences startups in the Park’s incubator with everything from legal and financial services to business planning.

Virginia Modeling, Analysis and Simulation Center (VMASC): VMASC, a multi-disciplinary research center of Old Dominion University, supports the University’s Modeling & Simulation (M&S) degree programs, offering M&S Bachelors, Masters and Ph.D. degrees to students across the Colleges of Engineering and Technology, Sciences, Education, and Business. Working with more than one hundred industry, government, and academic members, VMASC furthers the development and applications of modeling, simulation and visualization as enterprise decision-making tools to promote economic, business, and academic development.

Virginia Tech Carilion: Virginia Tech Carilion Research Institute is managed by Virginia Tech in close collaboration with Carilion Clinic and the Virginia Tech Carilion School of Medicine.   The Research Institute will be a premier institute of interdisciplinary and translational research within the medical sciences, will facilitate discovery-based medical education  and will work to sustain the Virginia Tech-Carilion partnership as the Carilion Clinic develops into a research-empowered provider of health care services.  Potential target areas for research emphasis will align with areas of strength and active research programs at Virginia Tech, including inflammation, infectious disease, neuroscience and cardiovascular science and cardiology.

Virginia Tech Corporate Research Park: The Virginia Tech Corporate Research Center is home to over 100 companies engaged in leading-edge research in diverse areas of technology. Its mission is to develop a growing, prestigious research park for high-technology companies. Concurrently, the CRC will, in collaboration with the university, advance the research, educational, and technology transfer missions of Virginia Tech (VT).

Wallops Research Park: The Park consists of 202 acres adjacent to the NASA Wallops Flight Facility (WFF) and minutes away from the Mid-Atlantic Regional Spaceport. Park tenants have access to the NASA aerospace research facilities, including runways up to 8,750 feet on FAA-towered airfield with NASA-controlled class D and restricted airspace. The Research Park is a project of Accomack County, NASA WFF, and the Marine Science Consortium.

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Research and Development Facilities in Virginia