Virginia Tech Corporate Research Center

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Virginia Tech
Corporate Research Center
Motto Ut Prosim (Latin)
Motto in English
That I May Serve
Type Private for-profit
Established 1985
President Dr. Joe Meredith
Academic staff
2900+
Location Blacksburg, in VA, USA
Colors Chicago maroon and Burnt orange[1]          
Mascot HokieBird
Affiliations Virginia Tech
Website www.vtcrc.com

The Virginia Tech Corporate Research Center, known locally as the 'Corporate Research Center' or the 'CRC' or 'VTCRC', is a science park on the Virginia Tech campus in Blacksburg, Virginia comprising 33 completed buildings on 230 acres (0.93 km2) of land. The CRC is located adjacent to the Virginia Tech Airport.

Organization[edit]

'CRC' is a for-profit wholly owned, private subsidiary of the Virginia Tech Foundation, and is, therefore, not a state entity. Created in July 1985, its first building was completed in 1988.

Objectives[edit]

  • Enhance the quality, stature and reputation of the university by increasing corporate and government research relationships with VT through tenancy at the CRC.
  • Provide facilities and support to the university and Virginia Tech Intellectual Properties, Inc., to help bring faculty research to commercial reality and transfer technology to the private sector.
  • Create and maintain attractive sites, buildings and physical environs for laboratories, offices and other uses in basic and applied research, quality assessment, prototyping and testing.
  • Provide research-related employment for VT undergraduates, graduate students, cooperative students, faculty, staff and their spouses.
  • Contribute to employment and economic growth in the region and the Commonwealth of Virginia through the expansion of the park, development of local infrastructure to support the park, support of Strategic Services and support of university outreach initiatives with non-VTCRC companies and communities.
  • Assist 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 VT thereby increasing the level of industry-sponsored research at VT.
  • To be a profitable subsidiary of the Virginia Tech Foundation, capable of returning income to the Foundation on an annual basis.
  • Assist the university with its teaching mission by identifying opportunities for classes to use the VTCRC and its companies for classroom projects, special studies, internships, cooperative education experiences, and on-site instruction.[2]

Location[edit]

Nestled in the heart of Virginia’s Technology Corridor and adjacent to the Virginia Tech (VT) campus, the Virginia Tech Corporate Research Center (VTCRC) is home to over 170 research, technology and support companies. The 230-acre park is located in a mountain setting, with easy access to the metropolitan areas of northern Virginia and the nation’s capital. An expansion on the northwest side of the park provides enough land to construct 15 buildings in addition to the 33 single- and multi-tenant buildings currently on-site. The VTCRC employs over 2,900 employees.[3]

Computer Science Department[edit]

Virginia Tech's Computer Science department, which was previously based in Torgersen Hall, was moved here in 2006.

Companies located in the CRC[edit]

The CRC currently has over 170 tenants and attracts technology, research and support companies. A list of tenants can be found at http://www.vtcrc.com/tenant-directory.

See also[edit]

References[edit]

  1. ^ "The Brand Guide: Virginia Tech Identity Standards and Style Guide" (PDF). Virginia Tech. May 2013. p. 45. Retrieved September 11, 2015. The burnt orange and Chicago maroon are the university's official colors that were adopted in 1896. 
  2. ^ About the objectives
  3. ^ About the CRC

External links[edit]