YesMontgomeryVA.orgTargeted IndustriesResearch & Development

Research & Development

Montgomery County, Virginia is home to a growing cluster of firms engaged in the research and development of new commercially viable products.  Companies range from a wide variety of disciplines including information technology, computer science, advanced materials, chemistry, defense technologies and biotechnology and life sciences.  

These companies are leveraging our lower costs of doing business, strong entrepreneurial networks, talented workforce, and access to highly specialized equipment and researchers at Virginia Tech to gain a competitive advantage in today's global, knowledge-based economy.  

Montgomery County Cluster:

Industry Classification



 Avg. Salary

 U.S. Avg.

Scientific Research & Development Services





Source:  U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages 2009

Featured R&D Companies: 

Intrexon Corporation (Blacksburg) - manufactures genetic material and employs modular DNA control systems to enhance capabilities, improve safety and lower cost in human the therapeutics, protein production, industrial enzymes and agbio.

Keraderm Corp. (Blacksburg) - is an early stage medical device company that has developed a patented, innovative, and effective treatment for nail infections.

Maxtena, Inc (Blacksburg) - performs research and development on antennas.

Revivicor, Inc. (Blacksburg) | commercializes therapies that can treat and cure serious human disease through regenerative medicine; namely, the replacement of cells, tissues, and organs.

Schultz-Creehan (Blacksburg) - addresses complex product development challenges through expertise in materials science and industrial engineering.

Techulon Inc (Blacksburg) - provides bio-polymers for research and therapeutics.

TORC Technologies, LLC (Blacksburg) - a robotics engineering and product development company focused on unmanned and autonomous vehicle systems.

VT Energy Systems (Blacksburg) - develops plug-in hybrid electric vehicles and vehicle-to-grid applications.

XP Power LLC - (Blacksburg) develops power supplies

Virginia Tech Resources

Research at Virginia Tech

Virginia Tech is consistantly recognized as a "Top 50" research university by the National Science Foundation and is well respected in the areas of engineering and the life sciences.  Virginia Tech strategically focuses its efforts on the four following research areas:

  • Critical sciences and technologies — namely, advanced materials, energy, and the environment
  • Social and individual transformation — the arts, the individual, social policy, growth of metropolitan regions, and transportation — asking the question, “what can we do to advance society?”
  • Health, nutrition, and foods — with an initial focus on infectious disease and food safety, vaccines, epdemiology, new foods
  • Innovative technologies and complex systems — includes high performance computing, wireless telecommunication, robotics, and nanoscience and nanotechnology

Four strategic institutes support the development and enhancement of the university's capacity in these areas:

Institute for Critical Technology and Applied Science - promotes cutting-edge research at the intersection of engineering, science, and medicine.  It's primary focus areas include:

  • Nanoscale Science and Engineering
  • Nano-bio Interface
  • Sustainable Energy
  • Renewable Materials
  • Safe Water
  • Cognitive and Communication Systems

Fralin Life Science Institute -promotes interdisciplinary research and education in the sciences.  It's primary focus areas include:

  • Vector-Borne Disease
  • Metabolic Disorders
  • Infectious Disease
  • Plant Molecular disease
  • Cell Biology

Institute for Society, Culture, and Environment - strengthens the university’s competitive position in the social sciences, arts, and humanities. It's primary focus areas include:

  • Global Issues Initiative
  • Human development and behavioral health
  • Rhetoric, representation, and public humanities
  • Social complexity and individual risk
  • Community arts, built environments, and urban formations

Virginia Tech Transportation Institute - is a federally designated Intelligent Transportation Systems Research Center of Excellence. A two-mile “smart road” test bed includes embedded monitoring and weather control.  Primary areas of research include:

  • safety and human factors
  • advanced product testing and evaluation
  • information application
  • advanced vehicle dynamics
  • transportation systems and operations
  •  roadway infrastructure.

Virginia Tech Centers, Labs, and Groups - View all reseach center, labs and groups doing research at Virginia Tech  

Resources for Business

The university will use its internationally known faculty, a broad range of research facilities, and a track record of cooperation across disciplines and organizations to help business and public and private groups worldwide address complex problems and respond to opportunities.

Frequently asked Questions about collaborating with business and Industry

Corporate and Foundation Relations -  Strengthening Tech's worldwide partnerships

Corporate Research Center - 120 acre business park with corporate office space & assistance for companies

Management Professional Development - Customized training for businesses

Organizational & Technological Advancement - Sharing knowledge with Virginia organizations

Connect with Researchers - Finding VT faculty members for research partnerships

Virginia Tech Business Technology Center - Helps emerging and evolving technology-based businesses

Virginia Tech Intellectual Property - License VT intellectual properties

VTKnowledgeWorks  - Incubator & business accelerator supporting local startups as they plan, launch & grow

Office of Economic Development - Creating successful partnerships with communities, business, and industry 

Contact the Economic Development Department

755 Roanoke St., Suite 2H
Christiansburg, VA.  24073

Phone Numbers:
(540) 382-5732 - Local
(866) 270-9185 - Toll Free

Click Here

8:30 a.m. - 5 p.m.
Monday - Friday

2017 Annual Report

2017 Annual Report - Montgomery County, Virginia Economic Development Department
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