Growing regional entrepreneurship and small business initiatives by engaging Virginia Tech faculty with entrepreneurs, small businesses and business development leaders.
We work to engage university faculty with entrepreneurs, small business, and business development leaders to support regional entrepreneurship and small business initiatives. Virginia Tech's services to entrepreneurs include technical assistance for new product development, and business development services such as market analysis and networking opportunities.
OED has several Virginia Tech partners who provide services to entrepreneurs and small businesses throughout the state, including: The Launch Place http://www.thelaunchplace.org/ which provide business counseling and market research services to promote business development in southern and southwest Virginia, and; VTKnowledgeworks, a business accelerator that provides technical support and mentoring for high-tech start-up businesses.
Key Projects and Initiatives
Our past efforts to support entrepreneurship and small business development include projects in assessing business incubation proposals, as well as projects assisting small manufacturers in support of project development. OEDE faculty are also part of the university-led DC I-Corps http://www.dcicorps.org/ project which trains faculty and students in the commercialization of their technology. Looking ahead we are also working to identify opportunities for small businesses to find international markets, improve their competitiveness, and build relationships with regional partners, economic development assets, and Virginia Tech faculty.