Post by Logan on Mar 12, 2016 0:19:36 GMT -6
Virginia Carilion Research Institute gets $45 million in bond package
RICHMOND — The bond package agreement rolled out by the General Assembly on Friday includes about $45 million to double the size of the Virginia Tech Carilion Research Institute, a major expansion that local lawmakers hailed as one of the biggest economic development strides the region has seen in years.
“This is a great opportunity for our region as we move to diversify our economy and grow jobs,” said Del. Nick Rush, R-Christiansburg, a new member of the House Appropriations Committee.
The expansion will not only help usher in new jobs at the research institute itself, Rush said, it will help lead to the development of new technologies that could spur new businesses to form in the area.
“Innovation leads to more innovation, which leads to more capital, which leads to more opportunities for everyone,” he said.
Current plans call for a 105,000-square-foot addition that will allow the Roanoke-based campus to grow from 25 to 50 research teams, said Sen. John Edwards, D-Roanoke. The current teams already employ about 250 researchers and students engaged in cutting-edge research in neuroscience, cancer biology and other biomedical fields.
Read more: www.roanoke.com/news/politics/general_assembly/virginia-carilion-research-institute-gets-million-in-bond-package/article_dd3aeddd-3722-5ab4-a68e-1009608062ee.html
RICHMOND — The bond package agreement rolled out by the General Assembly on Friday includes about $45 million to double the size of the Virginia Tech Carilion Research Institute, a major expansion that local lawmakers hailed as one of the biggest economic development strides the region has seen in years.
“This is a great opportunity for our region as we move to diversify our economy and grow jobs,” said Del. Nick Rush, R-Christiansburg, a new member of the House Appropriations Committee.
The expansion will not only help usher in new jobs at the research institute itself, Rush said, it will help lead to the development of new technologies that could spur new businesses to form in the area.
“Innovation leads to more innovation, which leads to more capital, which leads to more opportunities for everyone,” he said.
Current plans call for a 105,000-square-foot addition that will allow the Roanoke-based campus to grow from 25 to 50 research teams, said Sen. John Edwards, D-Roanoke. The current teams already employ about 250 researchers and students engaged in cutting-edge research in neuroscience, cancer biology and other biomedical fields.
Read more: www.roanoke.com/news/politics/general_assembly/virginia-carilion-research-institute-gets-million-in-bond-package/article_dd3aeddd-3722-5ab4-a68e-1009608062ee.html