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The University of Virginia accelerates robust, enduring, and inclusive economic growth that improves lives and promotes flourishing communities across Virginia.

  • Amplifying growth through research, innovation, and entrepreneurship
  • Joining forces with local and state partners to recruit and retain industry in Virginia
  • Empowering a future-ready workforce with the necessary skills in a rapidly changing world
Economic impact
$5.9 billion
Generated by Virginia by UVA every year
Employment Impact
51,600+ jobs
Created and sustained by UVA
Government Revenue Impact
$239.9 million
State and local government revenue attributable to UVA

Spotlight

The University for Virginia: Economic Development Report

Discover the University's contributions to Virginia through a series of compelling, vignette-style highlights presented in this first edition report. Understand UVA as an engine for inclusive economic growth by exploring the initiatives that are creating proactive impact across the Commonwealth.

Our Impact

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Esser will work with scientists to accelerate the development of new medicines and treatments for illnesses like cancer and Alzheimer's.
One of Esser's responsibilities will be to foster an "ecosystem of innovation" that will attract biotechnology and pharmaceutical companies to Central Virginia and the greater Commonwealth, bringing…
The Commonwealth BioAccelerator officially opened its doors, transforming 6,500 square feet of cutting-edge lab space into a launchpad for Virginia's most promising biotech ventures.
CvilleBioHub, a regional, industry-led organization, received a $4.3 million GO Virginia award and is partnering with UVA to establish the region's first laboratory accelerator at North Fork, a UVA…
UVA is a member of the Virginia Alliance for Semiconductor Technology (VAST), a coalition established to elevate Virginia as a leader on the forefront of the burgeoning semiconductor industry.
AgroSpheres, a biotechnology company pioneering breakthroughs in sustainable crop protection and crop health.
The University of Virginia and Virginia Tech are two of 21 East Coast universities partnering with semiconductor company Micron Technology Inc.
Washington Business Jou…
Albemarle County has been awarded a $3M Virginia Business Ready Sites Program (VBRSP) Grant to advance site readiness at North Fork.
North Fork, A UVA Disco…
The UVA Manning Institute of Biotechnology positions UVA at the very forefront of cutting-edge medicine, such as cellular and gene therapies that revolutionize how diseases are treated and cured.
A strategic expansion of UVA's presence in northern Virginia will increase academic programming and research in this important economic region of the state.
Several companies, including some founded by UVA alumni, are offering guaranteed job interviews to students with certain certificates from the School of Continuing Education and Professional Studies.

A mobile health platform developed at the University of Virginia that is being licensed by a UVA Licensing & Ventures Group company - with guidance from its Entrepreneurs in Residence program…