Virginia Tech Corporate Research Center

The recipient of the 2010 Outstanding Research/Science Park Award given by the Association of University Research Parks (AURP).

World Class Business Environment

Home to over 100 companies engaged in diverse areas of technology.

The Virginia Tech Corporate Research Center (CRC) is a 230 acre research/business park located adjacent to the Virginia Tech campus in Blacksburg-Montgomery County, Virginia. The park is home to over 180 technology-based companies and research centers that collectively employ more than 3,000 knowledge-based workers. The CRC's award winning incubator program, VT KnowledgeWorks, accelerates the creation of next generation companies and fosters a regional culture of entrepreneurship and innovation.

Blacksburg-Montgomery County is an excellent place to grow a business.  The community consistently makes Forbes' list of "Best Small Places for Business & Careers" and was rated a "Best Place to Live and Launch" by CNN.Money in 2008.  View Full List of Community Recognitions. 

The Virginia Tech Advantage 

Located adjacent to an internationally renowned research university.

Numerous studies have shown that locating a high-tech company next to a major research university is a very successful strategy. The CRC is located adjacent to Virginia Tech, the largest research university in Virginia and among the top 50 in the nation. CRC companies can sponsor research, join industry affiliate groups or license Virginia Tech intellectual property.  Learn More

Phase II Sites Available 

CRC Phase II will double the current size of the park.

Take advantage of this first come, first serve opportunity.  Eighteen sites, ranging from 2  to 9 acres, are available for lease with a term of up to 60 years.  Sites are zoned Research & Development by the Town of Blacksburg and are served by all major utilities, including gas, electric, water, sewer and telecommunications.  Find Sites   

Find Available Suites

CRC flex space can quickly be converted into office, wet and/or dry labs to accommodate company needs.

The CRC has suites available for lease with a term as minimal as one year.  The park offers high-quality business services for its tenants as well as an innovative, entrepreneurial environment in which to conduct business.  CRC companies have access to conference rooms, a fitness center and restaurant as well as a shipping and copying center.  Search Suites     

Park Services & Amenities 

The CRC adds value through the availability of high-quality business assistance services.

 The CRC provides tenants access to discounted affiliate services, fellow tenant services, the Business Technology Center, childcare, conference rooms, a copying center, a dry cleaning service, CRC e-news, financial assistance, a fitness center, recruiting services, mail boxes and mail services, a restaurant, a skilled workforce, social networking events, top-of-the-line telecommunications, a local transportation system, a videoconferencing center, VT benefits, a business acceleration center, and new tenant welcome packs. Learn More

Contact Information 

To learn more about becoming a tenant at the CRC or joining VT KnowledgeWorks, contact:

Joe Meredith, Ph.D. - President CRC  
PH: 540-961-3600 x 2103
FX: 540-961-2304 

Jim Flowers - Director of VT KnowledgeWorks  
PH: 540-443-9100 ext.1
FX: 540-443-9106

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Contact Us

The Montgomery County Department of Economic Development (MCDED) offers a number of free and confidential services and resources to help companies large and small. We welcome the opportunity to provide direct assistance to companies interested in starting, expanding or relocating a business in Montgomery County, Blacksburg and Christiansburg. Contact us today!