Be a Leader in the Most Vibrant Biotechnology Cluster in Virginia
Biotechnology is booming in Roanoke. It’s a growing industry cluster in the largest metro area in Virginia’s Southwest region, backed by support from partners like Roanoke City, Roanoke Blacksburg Innovation Alliance, Virginia Tech, Fralin Biomedical Institute, Carilion Clinic, and more.
The unprecedented support is bolstered by an affordable cost of doing business with plentiful opportunities to expand. In Roanoke’s biotechnology cluster, you can achieve your goals and still have room to grow.

Biotech By the Numbers
Imagine a world where you control the future of biotech. The biotechnology cluster in Roanoke, VA makes that possible through concierge-level support, a collaborative community, and lower costs of doing business so you can manage your capital efficiently.
$598 Million
Virginia Tech
Virginia Tech, one of the top research institutes in the world, boasts $598 million in research spending annually.
450+ Faculty
Fralin Biomedical Research Institute
Located at the VT Carilion School of Medicine – Fralin Biomedical Research Institute has 450+ faculty & students.
$3.2 Billion
Carilion Clinic
Cailion Clinic is the largest employer in SWVA and contributes over $3.2 billion and 24,000 jobs to the economy.
55 Launched
Regional Accelerator and Mentoring Program
The Regional Accelerator and Mentoring Program has launched 55 startups to date.

Wrap Around Support to Power Your Vision
In Roanoke, it’s not just biotechnology industry that receives support, it’s the people driving the growth. Roanoke offers comprehensive resources to biotechnology pioneers to support them through the challenges of entrepreneurship from prestigious accelerators, to investor matching, business mentoring and even FDA support. In Roanoke, you’re not just a number, you’re part of a community invested in your success.

Incubator Labs in the Center of the Action
Biotechnology is quickly becoming the heartbeat of Roanoke, so it’s only natural that there’s an incubator lab at our center. Backed by $15.7 million from the state of Virginia and anchored by Carilion Clinic, the incubator lab features 40,000 square feet of wet/dry lab and office space, business accelerator programming, built in networking and community, all within a 10-minute walk or short bus ride of downtown.
The incubator lab is nearby to Carilion Roanoke Memorial Hospital, just a 15-minute walk or 4-minute drive. What’s more, Carilion Clinic has approval for over 350 FDA Clinical Trials and a service area of over 1,000,000 people in urban and rural areas.

Incubator Quick Facts
- 40,000 square feet of wet/dry lab and office space.
- Access to onsite business, investment and professional support services to accelerate your business.
- In the center of a walkable biotechnology community.
- Proximity to national partners.

Create in Good Company
The biotechnology incubator is surrounded by nationally ranked partners, all within walking distance including:
- Carilion Clinic Center for Simulation, Research and Patient Safety. Human Factors services available.
- The Fralin Biomedical Research Institute (Virginia Tech)
- Virginia Tech Carilion School of Medicine
- The Virginia Tech Animal Cancer Care and Research Center
- Carilion Clinic Cancer Research Institute (2027)
- Carilion Roanoke Memorial Hospital

Blaze Your Own Path
Connect with nationally recognized and established partners in higher education, research, government, non-profit and more. Enjoy a supportive ecosystem with wrap-around support. Benefit from a lower cost of doing business and save your capital for research. Get access to cutting-edge incubator labs minutes from the city center or mountain peak. And when you’re off duty, enjoy seamless access to outdoor and cultural amenities for a rich, and well-rounded life.
In other words, don’t follow the well-trod path. If you want to pursue uncharted territory in the lab and in your career, you can make it happen in Roanoke.
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Axon
709 S Jefferson St
Roanoke Va 24016
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Recens Respiratio
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Bacchus Therapeutics
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Good Family Foods
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2115 Colonial Ave
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1872 Pratt Drive
STE 1210
Blacksburg VA 24060
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1872 Pratt Drive
STE 1350
Blacksburg VA 24060
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Acomhal Research
4 Riverside Circle
Roanoke VA 24016
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Allis Innovations
709 S Jefferson St
Roanoke VA 24016
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Cairina
2345 Foxfield Ln
Salem VA 24153
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ThermaSENSE
709 S Jefferson St
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Archive Core
709 S Jefferson St
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709 S. Jefferson St.
Roanoke VA 24016
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Get In Touch
Want to learn more about opportunities in Roanoke’s Innovation Corridor? Reach out to Bradley Boettcher, Innovation Administrator of Roanoke’s Economic Development Office for more information.
