Monday - April 27, 2015

"Just as we work aggressively to attract new businesses to our state, we must be equally aggressive and proactive in helping our existing businesses to grow, prosper and employ more Virginians.”

-- Bob McDonnell, 71st Governor of Virginia

About Innovate!HamptonRoads



Ten years after its founding and as a result of Vision Hampton Roads -- the Comprehensive Economic Development Strategy (CEDS) process -- the Hampton Roads Research Partnership transforms into Innovate!HamptonRoads™ with a renewed commitment to diversify the regional economy, following the "Economic Gardening" model.

The Hampton Roads Research Partnership was created to provide a mechanism for collaborative research leading to technology-based economic development with a consortium consists of seven colleges and universities, two federal laboratories and a research institute. The power to compete with other regions more effectively is enhanced by leveraging existing strengths in carefully selected areas, known as technology clusters. The intended result: substantially increased prosperity for Hampton Roads institutions, companies, and the community at large.

Today's Innovate!HamptonRoads™ is a synergistic collaboration whose goal remains to increase regional prosperity through technology-based economic development.

Innovate!HamptonRoads™ continues to facilitate research efforts among its members and with industry, leveraging state-of-the-art facilities and engaging the intellectual capital of more than 2,000 affiliated scientists and engineers. It’s focus has been expanded to connecting entrepreneurs, ideas and investment through our Technology clusters --- a unique mix of scientific talent, business acumen and existing infrastructure --- fueling an upwards-spiraling cycle of technology transfer and wealth creation.

Dept. of Commerce EDA

WASHINGTON, March 14, 2011 – The U.S. Commerce Department’s Economic Development Administration announced a $500,000 grant to the Hampton Roads Partnership of Norfolk, Va., to expand the region’s tech-based economy through support of the Innovate! Hampton Roads initiative, a network of seven regional incubators throughout Hampton Roads, Virginia.

Learn more at http://VisionHamptonRoads.com.

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