The New River Valley Development Corporation that owns and manages the New River Valley Business Center announces today that they have successfully filled every available space in the building. The 55,000 square foot facility, established in the late 1990’s to support small businesses and serve as an incubator for business startups in the New River Valley, is now full for the first time. Over the past 20 years, the Business Center has been an economic driver for private enterprise in the New River Valley.
“The New River Valley Development Board has worked very hard over the years to provide a platform for people to start businesses of all types,” stated Christiansburg Mayor Mike Barber, Chair of the New River Valley Development Board. “What pleases me the most is that 32 different organizations have their offices here and are providing employment to over 85 people.”
The Center, which was founded in 1998 and located in Fairlawn, VA (Pulaski County), is supported by Pulaski and Floyd Counties, the Towns of Christiansburg, Pulaski and Blacksburg, and the City of Radford. “The Business Center provides more than office incubation space, offering up over 20,000 square feet of mixed-use manufacturing space that can also accommodate small manufacturers that are looking for a place to launch,” stated Michael Solomon Business Center Manager.”
“This is about so much more than simply reaching a milestone, it is about celebrating the diversification and number of jobs that exist because of this regional resource. The most exciting part of all of this is the growth potential for these companies that exists beyond the walls of the Business Center and the impact they will ultimately have in continuing to grow the New River Valley economy.”
– Jon Wyatt, Chair, Pulaski County EDA
The Business Center is located in the New River Valley of Virginia, and hosts 32 different organizations that represent many different business sectors that include advanced manufacturing, government services, the New River Valley Regional Commission, financial services, hemp processing and engineering services to name a few.
Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”
Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.