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
$11.9 billion
Generated by Virginia by UVA every year
Employment Impact
67,109+ jobs
Created and sustained by UVA
Government Revenue Impact
$455 million
State and local government revenue attributable to UVA
Spotlight
Economic Impact Report
Over its 200-year history, the University of Virginia has grown into one of the nation's preeminent public universities. It has never lost sight of its mission to serve the people of Virginia, to lead the advancement of human knowledge and to benefit the region and the world. Today, the University continues that tradition of service as a major economic engine for the commonwealth.
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The University works with regional economic development officers and business leaders to support GO Virginia proposals and offer additional resources or connections that align with regional…
NBC 29 News
The companies, the state government, and multiple colleges and universities, including UVA, entered into a memorandum of understanding (MOU) to establish a workforce training center for advanced…
Virginia Business
AstraZeneca plans to build a factory in Albemarle County at a site near UVA’s North Fork, a research park with numerous biotechnology firms as tenants, including the nonprofit CvilleBioHub’s…
UVA Today
Federal, state, and local leaders all converged on Rivanna Futures in Albemarle County for groundbreaking on a $4.5-billion AstraZeneca pharmaceutical manufacturing plant, a historical development in…
Cville Right Now
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
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…
NSDPI
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 Charlottesville Reg…
Esser will work with scientists to accelerate the development of new medicines and treatments for illnesses like cancer and Alzheimer's.
VPM News
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.
UVA Health
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.
UVAToday
The Weldon Cooper Center for Public Service developed this economic forecast as a useful resource for the good of the Commonwealth.
Weldon Cooper Center fo…
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 Health Newsroom