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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As part of the new institute, UVA's Biocomplexity Institute (BI) is contributing innovative AI research and solutions that will bolster efforts to detect illicit financial activity and address…
UVA Biocomplexity Insti…
To meet demand, Virginia is scaling up initiatives to develop and expand the workforce, including university-led development programs like the Commonwealth Cyber Initiative (CCI).
Virginia Economic Revie…
The plant in Chesterfield County, Virginia, is the result of university-generated knowledge and sustained basic research. UVA faculty are engaged in a Fusion Innovation Hub to build out the ecosystem.
MIT News
A statewide biopharma boom is fueled by talent emerging from Virginia's universities, which provide a steady pipeline of specialized labor.
Virginia Economic Revie…
The new UVA institute brings more attention to the proximity of Charlottesville to DC for federal government support efforts.
Cville Right Now
Afton Scientific will deepen its roots in Central Virginia with the assistance of a Youngkin-approved grant from the Commonwealth's Development Opportunity Fund.
The Daily Progress
AgroSpheres, developed through Darden's iLab Incubator, highlights how the University's entrepreneurial ecosystem fosters ventures that make a real-world impact.
UVAToday
The Virginia Catalyst Fund encourages collaboration with over 30 industry partners in collaboration with Virginia universities, including UVA.
Virginia Economic Revie…
Much of the industry's success wouldn't be possible without the talent that comes out of UVA, which has developed various ways to support researchers.
Virginia Economic Revie…
UVA is a member of the Virginia Alliance for Semiconductor Technology (VAST), a coalition established to elevate Virginia as a leader on the forefront of the burgeoning semiconductor industry.
Virginia Alliance for S…
AgroSpheres, a biotechnology company pioneering breakthroughs in sustainable crop protection and crop health.
Agrospheres
The University of Virginia and Virginia Tech are two of 21 East Coast universities partnering with semiconductor company Micron Technology Inc.
Washington Business Jou…