BLACKSBURG, Va., Sept. 21, 2010 – The Virginia Tech Corporate Research Center has been named the 2010 Outstanding Research Park by the Association of University Research Parks (AURP) as part of their 2010 Annual Awards of Excellence.
The 15th Annual AURP Awards of Excellence recognize the achievements of outstanding research parks and industry veterans and encourages the development of best practices among research and science parks.
"AURP recognizes exceptional leadership in innovation by honoring university research parks, individuals and companies who are driving innovation in their communities," said AURP President Harold Strong. "Among this year's AURP Awards of Excellence recipients, we are proud to name Virginia Tech Corporate Research Center the 2010 AURP Outstanding Research Park."
The Outstanding Research/Science Park Achievement Award recognizes parks that excel in bringing technology from the laboratory to economically viable business activities, thus promoting the growth of businesses, jobs and public revenue.
The Virginia Tech Corporate Research Center has developed 120 acres adjacent to the Virginia Tech campus. There are now 27 buildings in the center, totaling approximately 1 million square feet. There are currently more than 140 private companies and research centers in the Corporate Research Center that employ over 2,200 people. The incubator program, VT KnowledgeWorks, is currently working with over 50 start-up companies.
The Association of University Research Parks is a professional association of university related research and science parks. AURP’s mission is to foster innovation, commercialization and economic growth through university, industry and government partnerships. For more information, visit AURP’s website or contact Chelsea Simpson.
Information for this story was provided by AURP. For more information and the full, original text, read “AURP Names 2010 Awards of Excellence Recipients” from the Association of University Research Parks website.
Dedicated to its motto, Ut Prosim (That I May Serve), Virginia Tech takes a hands-on, engaging approach to education, preparing scholars to be leaders in their fields and communities. As the commonwealth’s most comprehensive university and its leading research institution, Virginia Tech offers 240 undergraduate and graduate degree programs to more than 31,000 students and manages a research portfolio of $513 million. The university fulfills its land-grant mission of transforming knowledge to practice through technological leadership and by fueling economic growth and job creation locally, regionally, and across Virginia.