The Office of Economic Development (OED) works with industry to help companies access intellectual capital to develop new materials and processes that will improve efficiency and increase their market share.  

Project Examples

a woman attaching a door to the body of a small airplane

Future of Virginia Aviation

The OED is working to create a plan to strengthen the aviation and aerospace workforce in Virginia.

"Office of Economic Development talks aviation in Richmond"

"Office of Economic Development visits Liberty University"

image of small blue satelite floating  in space

Proposal to Expand Small Satellite Research

The OED evaluated a proposal by the Virginia Space Grant Consortium for the Small Satellites Virginia Initiative program and found the prorgam could bring up to $16.2 million to the state.

"Virginia small satellite initiative investment could return millions" (PDF)