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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
$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.

Our Impact

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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.
A new way of thinking about Alzheimer's disease has yielded a UVA research discovery that could be the key to stopping the cognitive decline seen in Alzheimer's and other neurodegenerative diseases.
PS Fertility leverages patent pending research work on male fertility and cellular biology done at the University of Virginia Medical School.
UVA's School of Continuing and Professional Studies offers a program for busy public sector professionals who are eager to dive into hot topics related to Artificial Intelligence and the local…
The Innovation Award honors breakthrough product development that significantly improves election verification and auditing. The program provides hands-on training and unmatched real-world experience.
The CCI awarded 18 seed grants to nine Virginia public universities for a total of $1.61M to address how artificial intelligence can make networks more secure, create new vulnerabilities, and more.
Shen's new venture is providing artificial intelligence-based tools for telecom engineers in a space called ORAN, which is short for open radio access network.
UVA-affiliated startup BrightSpec launched the world's first commercial Molecular Rotational Resonance (MRR) instruments in 50 years. The team received a PittCon Today Excellence Award in recognition…
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.
Starting from the campus of the University of Virginia, AgroSpheres has created a comprehensive biomodality platform, injecting strong momentum into the sustainable development of global agriculture.