OBJECTIVE:

The Virginia Tech Corporate Research Center is an economic development initiative of the Virginia Tech Foundation in cooperation with Virginia Polytechnic Institute and State University. The CRC's mission is to build creative partnerships between Virginia Tech's world-class research program and private/public enterprises.

LOCATION:

The CRC is located in Blacksburg, Virginia, two miles from the center of the Virginia Tech campus and adjacent to Virginia Tech's 4,700 foot airport runway which has full instrument approach capabilities.

SIZE:

The CRC occupies 120 acres. Seven buildings are complete, consisting of over 180,000 gross square feet of space. A 40,000 gross square foot building is under construction.

BENEFITS:

Tenant employees at the CRC are entitled to many faculty privileges at Virginia Tech including use of facilities, and discounts on various athletic and cultural events. The CRC provides a complete tenant services program including use of conference rooms, equipment, INTERNET access and consulting support.

SITES:

The CRC has numerous sites that can be built-to-suit and leased on a long-term basis. The covenants of the CRC prohibit low- technology manufacturing operations in the park. Multi-tenant offices and laboratory suites in a range of sizes are also available.

UTILITIES:

Water, sewer, and gas are provided in accordance with a fully- developed master plan. Electricity is provided by the Virginia Tech Electric Service and telephone service by Virginia Tech Communications Network Services via fiber optic cable to all buildings.

STATUS:

Over 30 tenant companies, employing over 650 people, reside at the CRC.

SERVICES:

On-site banking facilities are available. Access to Virginia Tech's computing facilities and the Blacksburg Electronic Village are provided.

21 REASONS TO LOCATE AT THE VIRGINIA
TECH CORPORATE RESEARCH CENTER

The Corporate Research Center provides:

1. A stimulating, high-tech, campus-like business environment.
2. A tenant services program that includes training, recreational opportunities, housekeeping, and free use of conference rooms and equipment.
3. Consulting support for tenant companies to help raise capital, develop business and marketing plans, and protect intellectual property.
4. Affordable lease rates that include all utilities except telephone service.
5. Many university faculty privileges for employees of tenant companies.
6. Financial services packages for both companies and their employees.

   The Corporate Research Center's proximity to Virginia Tech provides:

7. Access to a world-class research university ranked 14th in the United States in patents awarded and 16th in industry-sponsored research.
8. Access to large-scale computing and client/server systems.
9. Fiber optic access to the information superhighway - INTERNET.
10. Use of university equipment on a use-rate basis.
11. A large, highly-educated, affordable, potential employee pool.
12. The excitement of a major university athletic program.
13. The cultural richness afforded by a highly-diverse university.

    The community surrounding the CRC provides:

14. Outstanding secondary schools.
15. Numerous recreational opportunities like boating, fishing, hiking, water/snow skiing, mountain climbing, whitewater rafting/canoeing, and golfing.
16. Scenic beauty with concern for the environment.
17. Many urban amenities in a rural setting.
18. Progressive government.
19. An abundance of capable leaders.
20. Cultural diversity in dining and shopping.
21. Upscale and affordable housing.

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