Thanks to a major investment from GO Virginia, Northern Virginia’s first Innovation District is taking shape, laying the groundwork for growth in high-tech industry sectors like life sciences, aerospace, defense, and semiconductors.
Governor Glenn Youngkin announced last week that the commonwealth will invest $2.6 million into Northern Virginia’s first Innovation District, with an additional $1.3 million coming from local businesses, government, and higher education partners. The funding will help launch the Innovation District and roll out programs aimed at making Northern Virginia a national hub for research-driven industries, while giving residents the chance to pursue strong, lasting careers without leaving their communities.
“GO Virginia continues to be a catalyst for innovation and collaboration, enabling regions to pursue economic opportunities aligned with state priorities,” said Governor Glenn Youngkin in announcing $6.8 million in state economic initiatives directed to talent development, cluster scale-up, regional site development, and startup ecosystem expansion “These projects reflect a collective commitment to building robust talent pipelines, supporting industry growth, and strengthening the economic competitiveness of every region in Virginia.”
The Innovation District, led by George Mason University and in partnership with Prince William County and the City of Manassas, will accelerate scientific advancement, bolster startups and established employers, and create high-quality jobs.
Click here to continue reading.