Virginia Tech Corporate Research Center: General Information

Tenants in the CRC are able to obtain business assistance from the Business / Technology Center (BTC). The BTC, founded by the CRC, has assisted in creating or retaining nearly 600 jobs and helped to create 50 new companies. The purpose of the BTC is to serve as an educational and research resource for small high-tech companies. Virginia Tech faculty and student interns are often used to provide counseling services. When special requirements arise, the BTC hires outside consultants with subject matter expertise. Areas of assistance provided by the BTC include:
•	Business plan and proposal development
•	Accounting and record keeping
•	Business startup procedures
•	Finding sources of capital
•	Marketing and sales
•	Financial analysis
•	Patent searches
•	Legal issues
The BTC subsidizes the cost of the services that it provides based on the maturity of the company. The BTC gives schedule priority to the CRC tenants. CRC tenants are also eligible for a greater subsidy of project costs by the BTC. Please contact Dr. Dick Daugherty to obtain additional information.
Costs: Tenants pay a percentage of total project costs.