Roanoke Region of Virginia: Growing Research and Innovation
Technology is being created, manufactured, and distributed in the Roanoke Region’s innovation corridor.
Q4 2021
In the Roanoke Region of Virginia, we have a clear vision of the future. In our plan, businesses, government, and education work together seamlessly to build workforce and drive innovation. Lucky for you, we are well on our way.
Just like Roanoke’s burgeoning biotech hub, many of the innovation corridors on the horizon have excellent startup support, new infrastructure projects coming online each year, and coworking spaces and accelerators that create the perfect environment for collaborative research.
So, what does the Roanoke Region have that the others don’t?
For starters, our beautiful mountain metro is actually a place where people want to live. With trails, rivers, and greenways marbling our urban core, you can walk out the front door of your office and be mountain biking in minutes; a couple minutes more and you’re at your choice of 16 breweries; a few more and you’re home. No commute, no traffic, no urban sprawl — making attracting and retaining top talent effortless.
Location, location, location — it’s an old saying for a reason. Because it matters. In our innovation corridor you can create the latest technology, manufacture it here, distribute it here, and have it shipped to 2/3 of the U.S. population within a day’s drive — one-stop shopping for industries of any sector.
Regional leadership developed 50- to 100-acre, pad-ready sites that are municipally owned, have utilities in place, and are strategically located to make any innovation-based company thrive. With over $560 million in annual research spending at Virginia Tech, Virginia Tech Carilion School of Medicine (VTC), and the Fralin Biomedical Institute (the latter two located in downtown Roanoke), there has never been a better time for life science, innovation, technology, and advanced manufacturing in our region.
Don’t believe the hype? Ask any question you want during an unprecedented conversation with top innovation leadership. Join Michael Freidlander, Ph.D., the executive director of the Fralin Biomedical Institute; Don Halliwell, the chief financial officer of Carilion Clinic; and John Hull, the executive director of the Roanoke Regional Partnership, for a webinar on the future of innovation.
Get details at Roanoke.org/Innovation-Corridor.
Recent Project Announcements
Traxion Materials Expands Jacksboro, Tennessee, Production Operations
08/10/2026
Italy-Based Bertagni 1882 Plans St. Charles, Missouri, Operations
08/10/2026
Artisans Establishes Lexington, Kentucky, Manufacturing Operations
08/10/2026
Virginia Steel and Fabrication Expands Bland County, Virginia, Operations
08/10/2026
STERIS Plans Sanford, North Carolina, Manufacturing Operations
08/07/2026
Taiwan-Based MedVoyage Global Plans Fairfax City, Virginia, Headquarters Operations
08/07/2026
Kimberly-Clark Corporation Plans Yuma, Arizona, Operations
08/07/2026
DRC Industries Expands Columbus, Mississippi, Production Operations
08/05/2026
Epsilon Industries Expands Tuscaloosa, Alabama, Production Operations
08/05/2026
Qualis Engineered Plastics Plans Evansville, Indiana, Manufacturing Operations
08/05/2026
Swiss-Based Medacta International Plans Spring Hill, Tennessee, Operations
08/05/2026
James & James Plans Heber Springs, Arkansas, Manufacturing Operations
08/05/2026
GE Vernova Expands Findlay-Rostraver, Pennsylvania, Manufacturing Operations
08/05/2026
Wenger Group Plans New Oxford, Pennsylvania, Operations
08/03/2026
Most Read
-
Rethinking Environmental Review
Q2 2026
-
The RFI Is No Longer the Starting Line
Q3 2026
-
21st Annual Shovel Awards: The American Industrial Economy Remade in Real Time
Q2 2026
-
Where Early-Stage Life Sciences Companies Get Stuck Scaling Their Real Estate—and How to Move Forward
Q2 2026
-
Avoid These Red Flags, Deal Killers, and Blunders in Site Selection
Q2 2026
-
The Primary Problem
Q3 2026
-
Why America's Largest Companies Are Investing in Skilled Trades
Q2 2026