Amazon HQ2

Amazon HQ2’s Effect on the NRV

VIRGINIA’S NEW RIVER VALLEY – While Northern Virginia may feel far away, Amazon’s new HQ2 locating in Crystal City will have a major effect on Blacksburg and the entire New River Valley.

Not only will Virginia Tech increase undergraduate enrollment, but it will also add over 100 jobs in Blacksburg.

The entire Commonwealth of Virginia will be affected as the General Assembly looks to increase the “tech talent pipeline” by increasing computer science undergraduate degrees by 25,000 across Virginia by 2039.

Radford University is slated to help in this initiative as well, especially with the IMPACT program, which is part of the Artis College of Science and Technology.

Read the full coverage of Amazon’s impact from Robby Korth at the Roanoke Times: https://www.roanoke.com/news/education/higher_education/virginia_tech/amazon-s-impact-hundreds-of-new-jobs-higher-enrollment-at/article_103e28e5-e03c-5a24-b28f-5a7e5479e320.html

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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.”

Virginia Tech Bowl Game Streak

Virginia Tech Secures America’s Longest Active Bowl Streak

BLACKSBURG, VA – The Virginia Tech Hokies officially hold the longest active bowl streak in America with 26 straight bowl game appearances.

The Hokies beat Virginia last month, which led to a conditional game with Marshall. After sealing the victory of 41-20, the Hokies will officially keep playing in the postseason.

Virginia Tech Bowl Game Streak Graphic from Virginia Tech Football Twitter.

The Florida State Seminoles have appeared in bowl games for the last 36 consecutive seasons, but their streak ended after losing to Florida. That puts Virginia Tech at the top of the list for active bowl game streaks.

College Football Bowl Game Streak Leaderboard:

1. Virginia Tech – 26 years
2. Georgia – 21 years
3. Oklahoma – 19 years
4. Louisiana State – 18 years
5. Wisconsin – 16 years & Boise State – 16 years
7. Alabama – 14 years
8. Clemson – 13 years
9. Oklahoma State – 12 years
10. Stanford – 9 years & Texas A&M – 9 years

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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.

VTCRC Media Day Onward NRV

PharmExec: Southeast Biotech Rising Tall in the Valley

~ A look at the booming life sciences scene in southwest Virginia and Raleigh-Durham and Winston-Salem, North Carolina—and the region’s advantages in location, talent, and funding compared to the more glamour spots up north by Michelle Maskaly ~

What the [hell] are you guys doing in southwest Virginia?”

That’s the response Josep Bassaganya-Riera, chairman and CEO of Landos Biopharma, which produces first-in-class oral therapeutics for autoimmune disorders, says he typically gets when he pitches his Blacksburg, Va.-based biotech to investors in hot spots like San Francisco and New York.

But Bassaganya-Riera, who grew up in Europe and has lived in various places around the world, wouldn’t think about headquartering his company anywhere else.

“There are beautiful mountains and it’s a great place to raise a family,” he says.

Southeast Biotech VTCRC Blacksburg

The area, surrounded by lush green valleys and sky-high mountain peaks, is also home to what some might call the region’s secret weapon when it comes to many industries, especially biotech: Virginia Tech, where Bassaganya-Riera is the director of the Nutritional Immunology and Molecular Medicine Laboratory at the school’s Biocomplexity Institute.

If you consider the university’s long history of standout engineering and science-related student programs in human and animal health, add in the abundance of resources being made available to professors and students to commercialize research, as well as the cultural collision of the data and science worlds, you have a breeding ground for biotech innovation.

To help foster that innovation, the Biocomplexity Institute of Virginia Tech was conceived in response to a major policy initiative that established biotechnology as a central area of economic growth for the state. Building on early successes in genomic sequencing, the institute quickly established itself as a leader in another emerging scientific field, the simulation of complex systems. According to its website, “today, the Biocomplexity Institute is answering challenges to human health, habitat, and well-being at a scale that would have been inconceivable only a decade ago.”

Fostering an ecosystem

Without the correct ecosystem, however, it could all be lost. That’s where the Virginia Tech Corporate Research Center (VTCRC) comes into play. The 230-acre park is located adjacent to the Virginia Tech campus and within close proximity to Route 81, a main thoroughfare that makes desirable healthcare-related cities in North Carolina, as well as the nation’s capital, just hours away.

Created in July of 1985, the first building was completed in 1988, and is now home to 33 single-and multi-tenant structures. An expansion on the northwest side of the park provides enough land to construct 16 additional buildings. VTCRC is a for-profit, wholly-owned, private subsidiary of the Virginia Tech Foundation.

The center has the ability to work closely with the university’s teaching mission by identifying opportunities for classes to use VTCRC and its companies for projects, special studies, internships, cooperative education experiences, and on-site instruction.

VTCRC also assists with university research programs and initiatives that facilitate economic development activities throughout the university by matching the needs of VTCRC businesses, facilities, and programs with the research and professional capabilities of Virginia Tech, helping to increase the level of industry-sponsored research at the school.

Much of the credit for the research park’s success is given to Joe Meredith, president and CEO of VTCRC. He, and his staff, work closely with each of the businesses to provide as many resources as possible. In fact, one of the most touted attributes mentioned during a recent media day event was VTCRC’s flexibility, especially when it comes to space, whether it be wet lab or office space. Meredith is known to “tear up leases” and start from scratch to help companies adjust to their needs and keep them in the VTCRC, according to a number of entrepreneurs Pharm Exec spoke with.

Many of the businesses located in the park have roots that trace back to Virginia Tech, such as CELLINK, a 3D bioprinting company; CytoRecovery, a licensed technology that enables the recovery and testing of subpopulations of cancer cells in tumor biopsies; and TechLab, a full-service in vitrodiagnostic product manufacturer.

The fact these companies have been encouraged to stay local has had a direct impact on the economic development in the region by helping to keep talent in the area and also recruit new talent to the region. Rob Day, chief operations officer of Blacksburg-based TechLab, is a prime example. Day, who has been with the medical diagnostics company since 2000, grew up about an hour from VTCRC, and was faced with a tough choice when he first entered the workforce—leave the region for a job in his field or do something completely different.

“After graduating from Virginia Tech, I had limited opportunities in the area at the time,” Day told Pharm Exec. “I worked for about five years locally with a cosmetics factory and was able to then find employment at TechLab. It was quite unusual at the time to be employed in microbiology and immunology in southwest Virginia. However, over the last 20 years or so, we have seen an incredible morph of the area and the biotech industry. …I feel quite lucky to have found employment and been able to stay in this beautiful area.”

Location dollars

Southwest Virginia is visually about as far away from Kendall Square as you can get, and the people who live and work there are okay with that. In fact, area business development leaders are very transparent that the type of C-suite level executive you find in Blacksburg or the New River Valley would likely not be happy long-term in a San Francisco or Boston lifestyle.

The region gives those executives looking for a better quality of life access to world-class talent in a place they can do business without making a compromise. It’s why, no matter the pushback he may initially get from investors, Bassaganya-Riera has no plans of moving his biotech, especially in the early years. “When a company starts out they are usually in bootstrapping mode and budgets are lean,” he says, a consideration that also makes southwest Virginia an appealing location due to its much lower costs to rent and buy space compared to Boston, for example.

Bassaganya-Riera finds that fundraising and networking is not impeded by being outside of the major biotech hubs, and that current-day technology allows him to bring and supply the resources he needs virtually.

But not everyone shares his opinion. Ed Champion, president of Roanoke-based Altede, a biotech whose work centers around food allergy-testing technology that was developed at Virginia Tech, and others toldPharm Execthat raising capital is an issue for them, because it is the one missing piece of the biotech ecosystem puzzle.

Local economic leaders, such as Brian Hamilton, economic development director for the Montgomery County Economic Development, and Charlie Jewell, executive director of Onward New River Valley, both acknowledge that the southwest Virginia area doesn’t have the same financial ecosystem for biopharma companies as it does for technology companies, but that it can be looked at as a chicken and egg situation. As biotech companies become successful and are acquired, it will naturally create a financial ecosystem as the founders decide to invest in other local companies.

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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.

Virginia Tech Football Entrance

Virginia Tech Ranked the #1 Most Electric Entrance in College Football

VIRGINIA’S NEW RIVER VALLEY – Locals know how rowdy Lane Stadium gets, but the news has gotten out. The Virginia Tech Hokies stadium entrance to Metallica’s Enter Sandman was ranked the #1 Most Electric Entrance in College Football by Fanbuzz.

The entire stadium, from the band, to the student section, to people who are probably too old to do it, jump in unison to as the song builds to its climax. The Hokies’ football team walks from their locker room to the stadium, files into the narrow tunnel, and bursts onto the Lane Stadium field. It’s electric, it’s crazy, and it’s our favorite entrance in all of college football.

Other universities mentioned include Miami, South Carolina, and Clemson, but Virginia Tech took home the number one spot.

To see the full ranking, visit Fanbuzz.

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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.

NRV number 17 best college town

NRV Named #17 Best College Town by AIER

VIRGINIA’S NEW RIVER VALLEY – The Blacksburg-Christiansburg-Radford MSA (known as the New River Valley) was ranked the number 17 best college town in America (2017) by the American Institute for Economic Research. The NRV is home to over 40,000 students thanks to Virginia Tech, Radford University, and New River Community College.

NRV best college town
“It should come as no surprise that Virginia Tech supplies Blacksburg with high levels of innovation. In terms of bars and restaurants, ask any Tech student and they’ll tell you to head downtown to T.O.T.S., Gillie’s, or Sharkey’s for some amazing brews and grub. The MSA of Blacksburg also includes Radford University, a key player in the regional economy.”

AIER compiled the Best College Town results based on economic, demographic, and quality of life data points. Each “college town” has a population of less than 250,000.

AIER also gave the NRV the number 3 ranking for bars and restaurants.

Virginia Tech and Radford University often receive accolades and top rankings for their academic programs and fun atmospheres. Most recently, Virginia was ranked as the #15 Best College Tailgate in the U.S.

For more info about the other college rankings, visit AIER.

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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.

roam nrv bike share launches

NRV Bike Share Launches in Blacksburg and Christiansburg

VIRGINIA’S NEW RIVER VALLEY – The NRV’s new bike share program, Roam NRV, has officially launched. Powered by Gotcha, the bikes are located in Blacksburg and Christiansburg and on the Virginia Tech Campus. Bikes can be found at “hubs,” which are detailed on the Roam NRV website.

According to the Roanoke Times, there is consideration to expand the program in the future. Some of the hubs may also change location depending on use or the potential for businesses to sponsor them.

Riders can reserve bikes through the Social Bicycles (SoBi) mobile app for Apple and Android.

For more information visit the Roam NRV website and start roaming the NRV today!

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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.

Virginia Tech Ranked the #15 Best College Tailgate

BLACKSBURG, VA – Virginia Tech was named the #15 Best College Tailgate in the U.S. by INSIDER with the help of Scott Backstrom, founder of Tailgate Master.

“The Hokies know how to give a Virginia Tech game day experience. Arrive early and check out the Hokie Walk and the Hokie Village for music and more!”

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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.

Mahindra Group Expands to the NRV in the VT Corporate Research Center

BLACKSBURG, VA – Mahindra Group, one of the world’s largest farm equipment production companies is expanding to Virginia’s New River Valley with an office at the Virginia Tech Corporate Research Center.

Mahindra Group NRV: Mahindra group expands to Virginia's New River Valley in the VTCRC

The expansion was announced yesterday on-site at the VTCRC. It is now the largest internationally headquartered tenant in the park.

“Mahindra Group strives to be at the forefront of technology and innovation with a view to improve lives of our customers,” said Rajesh Jejurikar, President of Mahindra & Mahindra’s Farm Equipment Sector. “We believe that leveraging the ecosystem of a leading academic institution such as Virginia Tech will foster innovation and enable us to stay ahead globally.”

“The Virginia Tech Corporate Research Center offers the perfect setting for both research and testing,” said Aravind S. Bharadwaj, CTO for Mahindra’s Farm Equipment Sector in Chennai, India. “The commonwealth’s rural communities married with Virginia Tech’s research expertise were the winning factors in narrowing down to Virginia Tech.”

Read more from Virginia Tech.

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Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of all worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

NRV Company TORC Is Disrupting the Auto Industry

If you haven’t heard, automated and driverless technology is thriving in Virginia’s New River Valley.

That’s right, NRV Company TORC and their revolutionary technology are disrupting the auto industry. Founded in 2005, TORC continues to create and refine self-driving technology for varying environments, from city street bustle to off-road adventure.

TORC actively works with mining and defense parters to minimize risk, meaning companies like Caterpillar are able to eliminate liability in dangerous work environments thanks to TORC’s innovation.

TORC Company Overview Video

This inventive company, founded by Virginia Tech students, hit the cover of Virginia Business this month with their groundbreaking technology.

“As the automotive industry moves us tantalizingly closer to a sci-fi future of roadways thrumming with such self-driving cars, Virginia has positioned itself as a hotbed for developing and testing autonomous vehicle technologies,” said Richard Foster, Virginia Business writer. “This is in large part due to innovative research work coming out of state universities such as Virginia Tech and the University of Virginia, as well as companies like Torc.”

Resources in the NRV like Virginia Tech and VTTI, and companies like TORC, are making unmanned systems research and production possible.

It looks like this disruptive technology is our future.

“If you think about it,” said TORC CEO Michael Fleming, “automobiles have been designed around the driver for the last 100 years. And one of the things that really excites me is, over the next 100 years, we’re going to design cars around passengers, because the driver is going to be a computer…”

Click here to read the full Virginia Business cover story.

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Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of all worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

VIP Media Day title, CRC, Virginia's New River Valley

VT Corporate Research Center to Conduct VIP Media Day

VTCRC Media Day

NEW RIVER VALLEY, VA – The Virginia Tech Corporate Research Center (VTCRC), located in Blacksburg, VA and adjacent to Virginia Tech, is hosting the first-ever VIP Media Day on Sept. 18, 2018.

The purpose of the VIP media junket is to provide a way for local, regional, and national media outlets to learn more about the VTCRC, local companies, Blacksburg, Montgomery County, and the rest of Virginia’s New River Valley. Many of the companies in the VTCRC have a global footprint and a lot to offer the region.

“It is our goal that invited media will be paired with companies whose research and development interests them the most. Media will leave with exclusive content and expert contacts for future editorials, videos, blogs, etc.” said Dr. Joe Meredith, VTCRC President & CEO.

Event Summary

  • Press kits and personalized schedules
  • Complimentary Lunch
  • Presentations
  • Helicopter flyovers
  • Media mingle
  • Swag bags
  • VIP Media Day will help with recruiting efforts for the VTCRC and participating companies and organization, which will help make a positive impact regionally.

    VTCRC Media Day, CRC Media Day Blacksburg, CRC Media Day, Media Day NRV

    Part of the programming will allow the VIP guests and media to participate in a complimentary flyover of the research park and the Virginia Tech campus.

    For questions, or to submit credentials and obtain a press pass, contact Melissa Vidmar at melissa.vidmar@vtcrc.com.

    Additional details can be found at www.vtcrc.com/events/2018vipmediaday.

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    Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of all worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.