Economic Development

The University for Virginia

Stylized image of Virginia

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 for 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 Appalachian Prosperity Project Presents: Profiles in Partnership
The Appalachian Prosperity Project Presents: Profiles in Partnership

Symposium celebrating partnership between UVA and UVA-Wise. Join us as we showcase the progress of the Appalachian Prosperity Project, highlight opportunities for collaboration, and envision a future for our partnership. April 22-23, 2019 in Charlottesville.

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Our impact

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NIH Awards $23 Million for Statewide Translational Research Institute

NIH Awards $23 Million for Statewide Translational Research Institute

ITHRIV includes the University of Virginia, Inova Health System, Virginia Tech and Carilion Clinic as partners, with the Center for Open Science and UVA’s Licensing & Ventures Group as affiliates. The focus of iTHRIV is “using data to improve health” and leverages the data science expertise across the state.

UVA Health System Expanding Telehealth to Better Treat Diabetes, Heart Disease

UVA Health System Expanding Telehealth to Better Treat Diabetes, Heart Disease

The University of Virginia Health System is expanding its telehealth capacity to help patients across Virginia better prevent or manage chronic conditions that include diabetes, prediabetes, and heart disease.

2019 Innovator of the Year

2019 Innovator of the Year

University of Virginia School of Medicine professor Lee Ritterband created SHUTi (Sleep Healthy Using the Internet) – a digital therapeutic that uses cutting-edge technology to administer cognitive behavioral therapy for people suffering from insomnia. Ritterband's goal is to increase access to effective and affordable behavioral health care

New Project Seeks Enhanced Lung Disease Care in Appalachia

New Project Seeks Enhanced Lung Disease Care in Appalachia

A new program will use telehealth to bring together a University of Virginia Health System team with primary care providers in the Appalachian region of Virginia to improve lung disease prevention, diagnosis and treatment.

UVA Plans New School of Data Science

UVA Plans New School of Data Science

The School of Data Science – UVA’s 12th school and the first established since 2007 – will position the University as a global leader in efforts to improve society through teaching and research based on the powerful, emerging field of data science.

Building Bridges Among UVA and Appalachia

Building Bridges Among UVA and Appalachia

Saltville native Austin Widner has helped the University hone its outreach to students from rural areas west of Roanoke, where many students may have felt that UVA was unattainable.

Virginia Awarded $9.9 million federal Preschool Development Grant

Virginia Awarded $9.9 million federal Preschool Development Grant

A $9.9 million federal grant was award to the Virginia Department of Education in partnership with the Virginia Early Childhood Foundation and the University of Virginia. The grant will support statewide programs and initiatives that boost Virginia's early education system.

13 ABC News Now

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The UVA Batten Institute's Year in Review

The UVA Batten Institute's Year in Review

UVA's Batten Institute seeks to improve society by creating knowledge about the transformative power of entrepreneurship and innovation and by cultivating principled, entrepreneurial leaders.

UVA Batten Institute

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Supporting Entrepreneurs & Innovators at UVA's i.Lab

Supporting Entrepreneurs & Innovators at UVA's i.Lab

The W.L. Lyons Brown III Innovation Laboratory, or i.Lab at UVA supports entrepreneurs and innovators both on and beyond the UVA Grounds. The i.Lab provides programs, funding, workspace, mentors, community, and additional resources to support new entrepreneurs and accelerate new ventures.

CvilleBioHub Names First Executive Director

CvilleBioHub Names First Executive Director

Local biotechnology industry leader Nikki Hastings, PhD, has been named the first Executive Director of the CvilleBioHub, a non-profit that connects and supports the Charlottesville-area biotechnology sector.  CvilleBioHub will receive strategic planning assistance from Denise Hubbard, program director for UVA’s Office of Economic Development, and Grant Tate, of the Bridge Ltd. consulting firm.

The UVA Licensing & Ventures Group Year in Review

The UVA Licensing & Ventures Group Year in Review

The UVA Licensing & Ventures Group helps discoveries reach their full potential in the marketplace. In 2018 there were 213 invention disclosures filed, 59 U.S. patents issued and 77 transactions with commercial partners. 

Connecting Students and Graduates to Local Employers

Connecting Students and Graduates to Local Employers

The "Hire Virginia Job Fair" in Hampton Roads connected recent graduates of UVA to local employers looking to hire young talent. Coordinated by UVA's Career Center, the event represented a larger commitment by UVA to the Commonwealth to connect graduates to local employers. 

Funding for UVA Darden Alumni Ventures Shows Dramatic Growth

Funding for UVA Darden Alumni Ventures Shows Dramatic Growth

As the entrepreneurial offerings at the University of Virginia Darden School of Business continue to grow and mature, funding for ventures started by Darden alumni is skyrocketing. Darden's cultivation of the entrepreneurial ecosystem has created broad-based impact in Virginia and beyond.

The Darden Report

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UVA Designated National Center of Academic Excellence in Cyber Defense Education

UVA Designated National Center of Academic Excellence in Cyber Defense Education

Sponsored by the National Security Agency (NSA) and the Department of Homeland Security (DHS), undergraduate students can now complete courses within a "cybersecurity focal path," preparing them to fulfill workforce needs in Virginia and beyond.

UVA Engineering 1 of 3 Rolls Royce Technology Centers in Country

UVA Engineering 1 of 3 Rolls Royce Technology Centers in Country

UVA joined the Rolls-Royce University Technology Center network in 2014, elevating UVA Engineering's research and education programs so that researchers can create new knowledge in sectors that are critical to our society and economy, and students can become the next generation of leaders to advance breakthroughs in these fields.

UVA Team Wins $7.6M Grant to Detect Computer Attacks

UVA Team Wins $7.6M Grant to Detect Computer Attacks

UVA professors and administrators secured a nearly $7.6 million contract from the Defense Advanced Research Projects Agency to detect broad-spectrum cyber threats almost immediately after they are launched. The project is related to the University's Cyber Innovation and Society Initiative and has the potential to protect organizations from cyber threats in Virginia and beyond.

New Partnership Brings CLASS Methodology to Nation's Largest Provider of Early Childhood Education

New Partnership Brings CLASS Methodology to Nation's Largest Provider of Early Childhood Education

UVA researchers founded Teachstone® to provide assessment and professional development for educators through the Classroom Assessment Scoring System® (CLASS®). The method has been broadly adopted at the state and national level in the US and in 45 countries. In May of 2018, Teachstone announced a partnership with KinderCare Education®, the nation's largest provider of early childhood education and child care.

Cision PR Newswire

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Startup with UVA Roots Lowers the Amount of Power Required by Electronics

Startup with UVA Roots Lowers the Amount of Power Required by Electronics

PsiKick is utilizing revolutionary ultra-low-power technologies from the Universities of Virginia and Michigan to build completely self-powered sensing systems that do not require batteries, can be deployed nearly anywhere, and unlock new data streams that generate significant value in Virginia and beyond. The company also creates jobs in the Charlottesville region.

Applying Research to Change Lives

Applying Research to Change Lives

UVA Professor Shawn Russell helps those with disabilities take on skiing, proving that biomechanics research has real-life applications that can change lives for the better in Virginia and beyond.

New College Curriculum Helps Students Flourish Beyond UVA

New College Curriculum Helps Students Flourish Beyond UVA

The College of Arts and Sciences created The New College Curriculum to help students flourish at UVA, in their chosen careers, and as active citizens. The curriculum stresses three literacies that equip students with the necessary skills and fluencies needed to succeed in a rapidly-transforming world.

UVA College of Arts and Sciences

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President Ryan, UVA Celebrate Amazon Decision to Locate HQ in Virginia

President Ryan, UVA Celebrate Amazon Decision to Locate HQ in Virginia

UVA leaders celebrated the announcement of Amazon's decision to locate a major headquarters function in Virginia as a significant opportunity to increase our contributions to the state and to collaborate with additional Virginia universities to create economic opportunity for all Virginians.

UVA, City, County Planning Entrepreneurial Accelerator

UVA, City, County Planning Entrepreneurial Accelerator

UVA, Albemarle County, and the City of Charlottesville pledged support for a program aimed at accelerating the growth of local startups. The proposed Catalyst Accelerator Program would provide a longer form of support for entrepreneurs seeking funding to advance their companies. UVA applied for a grant through GO Virginia, a state-funded initiative encouraging regional collaboration, to launch the program.

Accelerating Health Care Innovation by Connecting Engineering and Medicine

Accelerating Health Care Innovation by Connecting Engineering and Medicine

The UVA Center for Engineering in Medicine promotes innovation by embedding engineering students into clinical environments and nursing and medical trainees into engineering laboratories. Students work in multidisciplinary teams to acquire the necessary technical vocabulary, cultural literacy, and experience for careers in health care innovation.

Supporting a Biotechnology Industry Cluster in Central Virginia

Supporting a Biotechnology Industry Cluster in Central Virginia

A WMRA podcast alludes to UVA's role in the biotechnology industry in Central Virginia. Grounded in UVA research and support from UVA's Licensing and Ventures Group (LVG), companies like Contraline and TearSolutions are making exciting advances and nurturing the biotechnology ecosystem in the region.

Acquisition Marks First Exit for UVA LVG Seed Fund

Acquisition Marks First Exit for UVA LVG Seed Fund

Insulin delivery technology developed at UVA and commercialized by TypeZero Technologies, Inc. received initial support from UVA's Licensing and Ventures Group (LVG). Now, LVG has exited from TypeZero following acquisition by DexCom, the leader in continuous glucose monitoring for diabetes. The news highlights UVA's cultivation of research and entrepreneurship that ultimately improves lives and stimulates our economy.

Research Discoveries Lead to UVA Licensing & Ventures Group Investments

Research Discoveries Lead to UVA Licensing & Ventures Group Investments

The UVA Licensing & Ventures Group (LVG) has invested in three Charlottesville-based ventures that grew out of University research. TypeZero Technologies Inc., TearSolutions Inc., and Mission Secure Inc. all have the potential to make an impact and to drive the local and regional economy. The LVG Seed Fund offers UVA-affiliated startups capital to advance opportunities often considered too early for investment by traditional sources.

Cyber Startup with UVA Roots Backed by New $8 Million Investment

Cyber Startup with UVA Roots Backed by New $8 Million Investment

Mission Secure Inc. recently announced the closing of an $8 million Series A financing round led by Energy Innovation Capital and Chevron Technology Ventures. The company spun out of UVA research and intellectual property developed by UVA's Licensing and Ventures Group. Mission Secure Inc. supports jobs in Charlottesville and plans to double their workforce going forward.

Understanding Biomechanical Differences to Make Vehicles Safer

Understanding Biomechanical Differences to Make Vehicles Safer

UVA's Center for Applied Biomechanics is taking a leadership role in analyzing populations with heightened vulnerability to traffic-related injury or death, specifically women and obese passengers. Increased understanding of injury tolerance and prediction will allow automotive manufacturers, policymakers, and researchers to make vehicles safer for the entire population.

Building Community Involvement to Battle Cancer

Building Community Involvement to Battle Cancer

A new UVA Cancer Center Without Walls initiative will empower Southwest Virginia residents to lead projects to better detect and prevent cancer in the region. The initiative grew out of a community advisory board formed in 2013 and will address cancer disparities in the Appalachian counties of Southwest Virginia.

Darden Ranked a Top MBA Program for Entrepreneurship

Darden Ranked a Top MBA Program for Entrepreneurship

Darden offers over 35 elective courses in entrepreneurship and innovation, four major entrepreneurial competitions awarding more than $370,000 annually, and an incubator program know as the i.Lab. Graduates are prepared to meet the unique challenges of today's business landscape and to accelerate economic growth through entrepreneurship.

Business Because

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UVA Engineering Earns NSF Grant to Launch Graduate Program in Cyber-Physical Systems

UVA Engineering Earns NSF Grant to Launch Graduate Program in Cyber-Physical Systems

NSF funding will allow UVA Engineering’s Link Lab to develop a new program that will train graduate students to make discoveries and then translate that knowledge into new technologies, products and services. The program will help train the next generation of scientific leaders to develop the skills necessary to tackle complex societal problems.

UVA EdPolicyWorks Researchers Present at National Conference

UVA EdPolicyWorks Researchers Present at National Conference

EdPolicyWorks, a joint collaboration between the Curry and Batten Schools, brings together researchers from across UVA and the state to focus on important questions of educational policy and implications for the workforce. Researchers presented their work in over 25 key presentations across this year's fall conference of the Association for Public Policy Analysis and Management.

UVA Curry School of Education and Human Development

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UVA's Society of Women Engineers Host High School Women

UVA's Society of Women Engineers Host High School Women

Women engineers at UVA host high school women each year to promote STEM and engineering as an accessible career path. UVA's Society of Women Engineers teaches women the basics of the field and empowers them to explore its possibilities, creating necessary expansion of the engineering and STEM pipelines in Virginia.

Greg Fairchild Appointed UVA's Director of Northern Virginia Operations

Greg Fairchild Appointed UVA's Director of Northern Virginia Operations

Professor Gregory B. Fairchild is the first director of Northern Virginia operations for the University of Virginia. He will oversee programs and facilities currently offered by Darden, the McIntire School of Commerce, and the School of Continuing and Professional Studies, among others. His appointment is indicative of UVA's growing presence in the Washington region.

MITRE and UVA Offer Systems Engineering Fellowship

MITRE and UVA Offer Systems Engineering Fellowship

The MITRE Corporation and UVA Engineering launched a Systems Engineering Fellowship for federal employees intended to help train the next generation of government technology leaders. The program is underway in McLean, VA and offers military and civilian government employees hands-on project and research experience at MITRE with an accelerated master's degree in systems engineering from UVA.

UVA Darden Innovates Executive MBA, Deepens Program’s Ties to the DC Area

UVA Darden Innovates Executive MBA, Deepens Program’s Ties to the DC Area

Darden's Executive MBA and Global Executive MBA programs will now operate primarily from a new state-of-the-art facility in the Rosslyn district of Arlington, VA. A marriage between distance learning and weekend residencies creates flexibility for working adults and deepens ties to the Northern Virginia area.

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Explore our work across the Commonwealth.

UVA generates significant economic, employment, and government impact across regions, sectors, and focus areas throughout Virginia. Discover the programs and projects we support.