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

UVA’s Economic Impact on Virginia
UVA’s Economic Impact on Virginia

The University of Virginia advances economic prosperity through high-impact engagement with companies, communities, localities, non-profits, and education partners. As we begin our third century, we reaffirm our commitment to service to the Commonwealth. Explore our strategy for amplifying economic impact across Virginia.

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Our impact

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Ryan's 'Great and Good' Strategic Plan Wins Board Endorsement

Ryan's 'Great and Good' Strategic Plan Wins Board Endorsement

Ten major initiatives comprise the 10-year strategic plan's roadmap, including an intiative to make UVA symonymous with service by leading economic development through academic discovery and entrepreneurship.

UVA, UVA-Wise Work Together to Advance Prosperity in Southwest Virginia

UVA, UVA-Wise Work Together to Advance Prosperity in Southwest Virginia

UVA and UVA-Wise are finding new ways to engage in university-based economic development in Southwest Virginia. The Appalachian Prosperity Project partnership is advancing health, education, and economic prosperity in the region.

$12.5 Million Grant Funds UVA Collaboration Shedding Light On Major Diseases

$12.5 Million Grant Funds UVA Collaboration Shedding Light On Major Diseases

A groundbreaking research collaboration at the UVA School of Medicine is shedding light on everything from cancer to diabetes to cardiovascular disease. Receiving $12.5 million from the National Institutes of Health, the project will apply knowledge, assets, and resources to real-world problems through research.

Americans - And Employers - Are Demanding More Education Than Ever

Americans - And Employers - Are Demanding More Education Than Ever

Jobs requiring a bachelor's or advanced degree are on the rise. As part of the 2030 Strategic Plan, UVA will expand both in-person and online educational opportunities for working adults, especially the 1.1 million Virginians who have some college credits, but have not yet earned a degree.

How Students Become Scientists

How Students Become Scientists

Curry School professor Robert Tai is seeking ways to engage and sustain young students' early interest in science. His work is addressing the decline in science interest as children grow, a challenge that can have huge ethical, political, and social impacts.

UVA Today

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What the Numbers say About 25 Years of UVA Graduates

What the Numbers say About 25 Years of UVA Graduates

UVA prepares more students than ever for in-demand jobs. Data shows that UVA is offering more and more students education in fields such as computer science and biomedical engineering, a reflection of industry trends. New programs focused on emerging technology and social impact have also proven popular.

UVA Health System, Charlottesville Area Community Foundation to Offer More Than $1 Million in Community Health Grants

UVA Health System, Charlottesville Area Community Foundation to Offer More Than $1 Million in Community Health Grants

Central Virginia nonprofits can apply for grants to support community health initiatives through a partnership between the Charlottesville Area Community Foundation and the University of Virginia Health System. Funded proposals will improve the health of communities within Charlottesville and the counties of Albemarle, Fluvanna, Greene, Louisa, and Nelson.

Local Students Pilot New UVA Curriculum Combining Computers, Rain, and Playgrounds

Local Students Pilot New UVA Curriculum Combining Computers, Rain, and Playgrounds

Curry School faculty member Jennifer Chiu and colleagues found a meaningful way to incorporate computer science into fifth- and sixth-grade classes, instilling relevant skills required by virtually every sector of the next-generation workforce.

Reaching for the Stars in the UVA Community

Reaching for the Stars in the UVA Community

Dark Skies, Bright Kids is a primarily graduate student run program at UVA that provides outreach to elementary and early middle school-aged students in Charlottesville. The program brings astronomy into the classroom and fosters an early interest in science that is important to a future-ready workforce.

Virginia Coalfield Economic Development Authority Awards Grant for Ecological Education Center

Virginia Coalfield Economic Development Authority Awards Grant for Ecological Education Center

An up to $486,994 grant to the UVA-Wise Foundation will develop the Clinch River Ecological Education Center in St. Paul, Virginia. UVA's work on a grassroots effort known as the Clinch River Valley initiative set the process in motion and provided a foundation for the grant application.

New Corner Collaborative Space to Boost UVA Research

New Corner Collaborative Space to Boost UVA Research

The Research Collaboration Corner seeks to integrate research with education and community engagement, bridge industry and academics, and encourage meaningful connections across disciplines. Research is one way that UVA applies knowledge, assets, and resources to solve real-world problems and spur economic development in the Commonwealth.

Teaching Students to Thrive

Teaching Students to Thrive

The Contemplative Sciences Center at UVA is leading a push to transform students' lives, both during college and long after.

The Chronicle of Higher Eduation

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UVA Is Taking Five New Approaches to Understanding Autism

UVA Is Taking Five New Approaches to Understanding Autism

The Supporting Transformative Autism Research (STAR) initiative aims to improve the lives of individuals with autism through groundbreaking research and innovative models for intervention and training. Among multiple focus areas, the initiative will create a research-to-practice system to bring the latest evidence-based research into the community.

Researchers in the MIST: UVA Faculty Work to Advance the Internet of Things

Researchers in the MIST: UVA Faculty Work to Advance the Internet of Things

Researchers at UVA are bringing industry partners to the table to create cutting-edge technologies that produce tangible value for society. At the Multifunctional Integrated System Technology Center (MIST) site in Charlottesville, researchers are helping indsutry solve practical problems and enhancing professional development opportunities for students.

Applying Knowledge and Resources to Real-World Problems Through Research

Applying Knowledge and Resources to Real-World Problems Through Research

Faculty at UVA apply knowledge, assets, and resources to real-world problems through research and innovation. School of Medicine neuroscientist Jonathan Kipnis is transforming our understanding of the brain's relationship to the immune system, and has been awarded a prestigious NIH award for his work's potential to have a transformative effect on human health.

Opening Doors to College

Opening Doors to College

UVA is improving higher education access for low income, first-generation, and underrepresented students across the Commonwealth.

Illimitable

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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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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.