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The University of Virginia accelerates 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

Biotech Accelerator To Launch in Charlottesville

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.

Our Impact

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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.
There is a burgeoning innovation corridor developing on Route 29 North, bolstered by the emergence of major municipal projects like Rivanna Futures and the North Fork Discovery Park, UVA's flagship…
A big, bold vision for a high-impact, future-ready regional economy is in development. The project is supported by a broad coalition of stakeholders, including local government & economic…
The Enterprise Studio exists to support faculty, research staff, and graduate student researchers who are considering commercializing their UVA-based ideas and inventions.
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.
The Office of the Director of National Intelligence was the catalyst for the institute, with the goal of using next-gen technology to identify potential security threats and protect Americans.
The Weldon Cooper Center for Public Service developed this economic forecast as a useful resource for the good of the Commonwealth.
Generosity from anonymous donors will support research and aid in the development of new treatments for hard-to-treat or incurable diseases, to the benefit of patients everywhere.
UVA Licensing & Ventures Group helps UVA researchers secure patents for their inventions and launch start-up companies.
Albemarle County's initiative to bring more federal intelligence agency activity to Rivanna Station includes academic engagement from UVA.
UVA's Manning Institute and the CvilleBioHub support an entrepreneurial ecosystem that drives growth in medical innovations.