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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.
Discover UVA's economic impact on the Commonwealth of Virginia
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$3M Grant Awarded To Advance Site Readiness at North Fork

$3M Grant Awarded To Advance Site Readiness at North Fork

Albemarle County has been awarded a $3M Virginia Business Ready Sites Program (VBRSP) Grant to advance site readiness at North Fork.
North Fork, A UVA Disco…
UVA Leverages $100 Million Gift to Launch Paul and Diane Manning Institute of Biotechnology to Transform Health Care

UVA Leverages $100 Million Gift to Launch Paul and Diane Manning Institute of Biotechnology to Transform Health Care

The UVA Manning Institute of Biotechnology positions UVA at the very forefront of cutting-edge medicine, such as cellular and gene therapies that revolutionize how diseases are treated and cured.
UVA Today
Launch of UVA|NOVA signals university's growing presence in northern Virginia

Launch of UVA|NOVA signals university's growing presence in northern Virginia

A strategic expansion of UVA's presence in northern Virginia will increase academic programming and research in this important economic region of the state.
UVA Today
UVA Launches guaranteed job interviews for nontraditional students

UVA Launches guaranteed job interviews for nontraditional students

Several companies, including some founded by UVA alumni, are offering guaranteed job interviews to students with certain certificates from the School of Continuing Education and Professional Studies.
UVA Today
Entrepreneurs in Residence Guide Development of Mobile Health Platform for People with HIV

Entrepreneurs in Residence Guide Development of Mobile Health Platform for People with HIV

A mobile health platform developed at the University of Virginia that is being licensed by a UVA Licensing & Ventures Group company - with guidance from its Entrepreneurs in Residence program…

UVA Today
UVA Supports Expanding Life Sciences Industry in Charlottesville

UVA Supports Expanding Life Sciences Industry in Charlottesville

Explore 2022's first quarter edition of the Virginia Economic Review featuring a story on UVA and its support for the life sciences industry in Charlottesville (p. 32).
Virginia Economic Revie…
How UVA Edge Helped These Students Gain Far More Than College Credit

How UVA Edge Helped These Students Gain Far More Than College Credit

A partnership between UVA's College of Arts & Sciences and the School of Continuing and Professional Studies, UVA Edge is a yearlong, six-course online program that helps adults develop skills…

UVA Today
Community Provides Input on UVA's Affordable Housing Sites

Community Provides Input on UVA's Affordable Housing Sites

View initial community input on the University's three proposed sites for Affordable Housing development.
University of Virginia
Where Business Meets Science: Q&A with Biotechnology Track Director Nikki Hastings

Where Business Meets Science: Q&A with Biotechnology Track Director Nikki Hastings

A new cross-curricular specialized course of study in the M.S.

UVA McIntire
Charlottesville, Albemarle, UVA Discuss 'State of the Community'

Charlottesville, Albemarle, UVA Discuss 'State of the Community'

Leaders from the area's largest employers discussed the challenges of attracting and retaining employees at the Chamber's "State of the Community" event.
The Daily Progress
Virginia Pledges $1 Billion for Tech Talent Pipeline

Virginia Pledges $1 Billion for Tech Talent Pipeline

UVA joined with Virginia colleges and universities to commit to doubling the state's tech graduates as part of a bold vision for a historic tech-talent pipeline initiative that was central to…

Inside Higher Ed
Locals' business ideas soon could get boost from Venture Central

Locals' business ideas soon could get boost from Venture Central

Planning is underway to advance Venture Central, an initiative designed by UVA, the city of Charlottesville, the Charlottesville Chamber of Commerce, and Albemarle County to spur startup success, job
The Daily Progress