Launch A Business

Our 45,000 square foot state-of-the-art facility is located in the Virginia Tech Corporate Research Center at 2200 Kraft Drive, Blacksburg. It features single office space for pre-launch operations, semi-custom office suites and lab space carefully programmed to accommodate modular growth of Member companies as they expand, shared conference rooms of various sizes, and a secure server facility. Please contact the VT KnowledgeWorks staff if you would like a tour of our high-tech facility or if you would like to rent office space at VT KnowledgeWorks.

Virtual Residency
  • real street address for virtual companies
  • highly flexible phone system
  • access to conference room facilities
  • VT KnowledgeWorks Website Presence including member profile with click-thru to member website and quarterly blog mention

FirstOffice Program
Four-month membership in VT KnowledgeWorks JumpStart Community for up to three people. FirstOffice offers:
  • Wi-fi
  • Coffee
  • Conference rooms
  • Peer interaction
  • Three 2-hour strategy sessions with two mentors including market opportunity review, product/service differentiation, and profitability plan
  • VTKW membership
FirstOffice also includes:
  • Local and regional start-up press releases
  • Commercial insurance offerings overview
  • Human resources issues and answers
  • Financial and administrative set-up
  • Banking services primer
  • Public relations tips
  • Internet impact tips
A real bargain at $750.

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JumpStart Community
  • A place for structured project collaboration among individuals
  • Lockable workstations or lockers
  • Wi-fi
  • Access to conference rooms on a reservation basis
  • Collaboration tables and white boards
  • Coffee maker and water cooler
  • An official street address for your business
  • Copy and fax machines
  • Other benefits, perks, and services of the VTCRC
 
Incubation Space
  • discount office and laboratory space for emerging companies, including program standard furniture, office supplies, and copying 
  • all CRC tenant services and facilities apply, including minimized property taxes
  • standard VTCRC policies, rules, and regulations apply
  • occupancy of incubation space is subject to formal application and acceptance under the following criteria
  • the company is a Member in good standing and financially able to pay rent on a regular basis
  • the company is separately incorporated, free-standing entity, not a division of some larger company
  • the company is equipped with a business plan that is documented and acceptable to the Director of VT KnowledgeWorks
  • the company’s local senior executive must participate in a Presidents' Council, subject to the then-current fees for Members
  • the total space available to any single company is 3,000 rentable sqft.  More space may be rented, but the rent discount will not apply beyond 3,000 sqft
  • the maximum time that the discount will apply is three years from first occupancy
  • the VT KnowledgeWorks Equity Participation Policy applies to all companies renting under this program

Conference Room Facilities
  • Lakeview – a “signature” room with a large, flat screen monitor, tele-conferencing hookup and table seating for 12-15
  • Retreat – a “parlor” setting, furnished with mixed, upholstered seating for as many as 12
  • Venture – a mid-sized meeting room, furnished with two square tables that can optionally connect, to accommodate seating for 8
  • Brainstorm & Innovation – smaller meeting rooms, furnished with a single oval table, 6 swivel chairs, and 2 soft chairs