Fermata Recognized for Sustainabilty Innovation

Fermata Energy Recognized for Sustainability Innovation

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Montgomery County, VA – Fermata Energy, who has a Blacksburg-based Innovation Lab, recently reported that they were recognized as an honoree in Fast Company’s World Changing Ideas Awards Sustainability Category. According to Fermata’s press release, “the awards recognize innovation in products, concepts, companies and policies to make our world safer, cleaner, more sustainable and more equitable.”

Fermata was selected as an honoree based on their pilot program, Vehicle-to-Grid (V2G) pilot at Girls Latin Apartments in Massachusetts. This groundbreaking initiative allows residents of an affordable housing complex to access electric vehicles that also serve as a power source for the building, helping to offset energy costs and promote energy independence in underserved communities.

Fermata Energy is a leading software platform services provider of intelligent Vehicle-to-Everything (V2X) bidirectional charging technology, including Vehicle-to-Grid (V2G), Vehicle-to-Home (V2H) and Vehicle-to-Building (V2B) solutions.

Companies like Fermata Energy understand that Virginia’s New River Valley is a region known for fostering cutting-edge research, workforce development, and economic growth. Plug into all that the NRV has to offer in our technology industry here.

Read Fermata’s full press release here.

Photo by Kindel Media.


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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Virginia Tech MIT Online Program Ranks Top 5 Nationally

Virginia Tech MIT Online Program Ranks Top 5 Nationally

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Montgomery County, VA – Virginia Tech recently reported that the university’s Master of Information Technology (MIT) program is ranked No. 4 nationally in the 2025 U.S. News & World Report Best Online Programs rankings, reinforcing the region’s reputation for cutting-edge education and workforce development. Virginia Tech continues to elevate Virginia’s New River Valley as a hub for innovation and excellence with its highly ranked programs.

The program, a collaboration between the College of Engineering and the Pamplin College of Business, has consistently earned top national rankings and was also recognized as the No. 2 online program for veterans.

Virginia Tech was ranked out of 97 different colleges and universities and selected based on their performance across a set of widely accepted indicators of excellence. Read about how the 2025 U.S. News & World Report Best Online Master’s in Information Technology Programs are ranked here.

Discover how Virginia’s New River Valley is a natural fit for top-tier education and talent here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

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Virginia Tech Honored with Federal Counterintelligence Award

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Montgomery County, VA – Virginia Tech recently reported that they were honored with the Department of Defense’s 2023 Jack Donnelly Award for Excellence in Counterintelligence. This award highlights Virginia Tech’s exemplary security program and leadership in preventing foreign entities from compromising national security.

Virginia Tech was one of only five recipients among over 12,000 eligible organizations and marks their second time receiving the award. Virginia Tech has also twice received the prestigious James S. Cogswell Award for Outstanding Industrial Security. Earning both awards multiple times is a rare distinction among universities and underscores Virginia Tech’s dedication and exceptional contributions to national security efforts.

Read Virginia Tech’s full press release here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

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Montgomery County Awarded Grant for Cleanroom

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New River Valley, VA – The Growth and Opportunity for Virginia (GO Virginia) recently awarded more than $2.5 million in grants to 21 projects focused on creating workforce pipelines for targeted industries and supporting the cultivation of critical industry resources to attract and grow Virginia-based businesses.

Montgomery County in partnership with the City of Roanoke received a grant for $100,000 “to survey the regionals needs to identify and implement a pilot cleanroom space.” The press release also stated that “The pilot cleanroom space in this project will be utilized to test and promote a state-of-the-art modular cleanroom model.” Cleanrooms are crucial for research and development in the production of products like microchips, medical devices, and pharmaceuticals. This asset in the region would build upon the strong innovative culture currently in the NRV.

Additionally, Radford University, in collaboration with the Commonwealth Cybersecurity Initiative Southwest Virginia and a coalition of Montgomery County, Pulaski County and the City of Radford was also awarded a grant for their “Developing IT and Cybersecurity Certification Pipeline (ITCCP) to Advance Cluster Growth” program. You can read more about that project here.

Read the full GO Virginia press release here.

Explore more about the innovative business culture in Virginia’s New River Valley here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

This is an image of a river with a trail bridge surrounded by mountains with fall foliage.

Virginia’s New River Valley Featured in Virginia Economic Review

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New River Valley, VA – The Virginia Economic Review recently featured Virginia’s New River Valley in their latest edition “Big Thinking for the Future: The Innovation Issue”. The NRV is celebrated as a vibrant center for creativity, culture, and groundbreaking innovation.

In the article “A Research Hotbed by an Ancient River”, the region is recognized for its thriving tech sector that is fueled by a talent pipeline from Virginia Tech, Radford University, and New River Community College . The presence of these universities has resulted in the creation of numerous innovative industries in the region.

Beyond its economic achievements, the Virginia Economic Review highlighted the NRV’s unique charm. With its small-town appeal, rich cultural heritage, and breathtaking natural beauty, the region offers an unparalleled quality of life.

The NRV is strategically positioned as a hub for growth and opportunity due to its excellent connectivity via Interstate 81 and nearby Interstate 77 and its business-friendly environment. Discover more about why the New River Valley is a hub for innovation and culture here.

Read the full “A Research Hotbed by an Ancient River” article here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

NRV Companies Selected for RAMP 2024 Fall Cohort

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Montgomery County, VA – The Roanoke-Blacksburg Technology Council recently announced four innovative start-up companies that have been selected to participate in the Regional Accelerator and Mentor Program (RAMP). RAMP connects high-growth potential technology-based businesses with regional resources.

Of the four companies selected, three reside in Virginia’s New River Valley (NRV). They are listed below.
  • Drivingo (Blacksburg, VA) – Drivingo pioneers customer experience with touchless interfaces, conversational AI, and bespoke omnichannel retail systems. Drivingo boosts interactions across the hospitality and tourism industry from banks to grocery stores and airports, and the fast-food industry.
  • Accordium.AI (Blacksburg, VA) – Accordium.AI is developing a large language model platform to revolutionize the way users negotiate. This innovative application aims to assist sales, procurement professionals, executives, negotiators, and individuals involved in mergers and acquisitions by offering a comprehensive platform for negotiation preparation, role-playing, coaching, and execution. By creating a bounded universe embedded with a proprietary negotiation system, users will be able to enhance their negotiation skills effectively. The application will provide tailored role-play scenarios and coaching sessions to meet the unique needs of each user, ultimately empowering them to excel in complex sales, price negotiations, and various other high-stakes situations.
  • Portcullis Research (Blacksburg, VA) – Portcullis is developing techniques to improve supply chain and lifecycle security for physical documents, trusted supply sources, and other routine business processes. These techniques integrate existing technologies to give companies and government agencies better lifecycle management of documents and assured supply chain artifacts.

According to RAMP’s website, the companies will participate in a 12-week cohort program and “receive $20,000 in non-equity funding, expert mentoring, and free office space with high-speed internet in downtown Roanoke’s Gill Building. RAMP alumni also receive two years of free membership in the Roanoke-Blacksburg Technology Council; one year of membership in Virginia BIO; three years of membership in the Shenandoah Club; membership in Morrow; discounted office space; and three additional years of ongoing support through Exit RAMP – a suite of ever-growing and developing coaching and support services.”

Read RAMP’s press release here.

The NRV offers an ideal environment for businesses to thrive. With a rich pool of talent, a prime location, and a vibrant, forward-thinking business community, the NRV is the perfect place for businesses to call home. Learn more about doing business in the NRV here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Citizens Telephone Completes Fiber Build in Floyd

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Floyd County, VA – Citizens recently reported that they have completed the fiber build in Floyd County as of August 2024. According to their recent press release, Citizens is the first company in Southwest Virginia to have connected every home in a single county to 1 Gbps fiber internet.

Citizens Telephone Cooperative began connecting Floyd County to fiber internet in 2017 with the assistance of federal and state funded grants and the Line Extension Customer Assistance Program. The press release goes on to say that “the extensive network spans 715 miles across Floyd County, passing over 10,000 homes. Nearly 4,500 residents and businesses have connected to the 1 Gbps service.” In a world where remote work, online banking, virtual education, and telemedicine are becoming the norm, this connectivity is an important infrastructure milestone for Floyd County and the region.

Read Citizens’ press release here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Skyphos Ranked as Top 5 Lab-On-A-Chip Startup

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Montgomery County, VA – StartUs Insights recently named Skyphos, based in Montgomery County, as one of the “Top 5 Lab-On-A-Chip startups impacting engineering.” StartUs Insights uses AI to find and analyze promising startups, technologies, and trends. They evaluated 90 Lab-on-a-Chip startups to identify the top solutions worldwide.

Lab-on-a-chip (LOC) technology condenses multiple laboratory functions into a single microchip. These chips, ranging from millimeters to a few centimeters in size, perform tests using tiny amounts of fluid, such as body fluids, cell solutions, or chemicals.

Skyphos has developed a 3D printing technology that allows researchers to modify designs on demand, significantly reducing development time and costs. Their patent-pending processes and materials have the potential to revolutionize the LOC industry and the medical field.

Read the article from StartUs Insights here.

With its innovative businesses, supportive community, strategic location, and access to skilled talent, it’s clear why pioneering companies like Skyphos choose to grow in Virginia’s New River Valley. It’s simply a natural fit. Discover more about the trailblazing businesses of the NRV here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

NRV Researchers Receive Funding for Cybersecurity Projects

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New River Valley, VA – Virginia Tech recently reported that “the Commonwealth Cyber Initiative (CCI) will be investing approximately $700,000 in seven experiential learning projects that give students crucial cybersecurity, on-the-job training in areas such as privacy protection and mobile software development.”

Of the seven projects selected, Radford University spearheads a project about technology enabled internships with mentoring and Virginia Tech leads another one concerning the “use and abuse of personal information” with technology.

According to CCI’s website they are “Virginia’s main access point for cybersecurity research, innovation, workforce development, and news. In this community, researchers find funding and collaboration, students discover diverse career possibilities, and new innovations come to life.”

Read the full article here.

See the full list of projects here.

The NRV has exceptional education programs from world-class universities that are producing some of the best IT workforce in the country, making the region a natural fit for companies in the cybersecurity and the information technology sectors. Discover more about the innovative IT landscape in the NRV here.

Photo by fauxels

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Innovative Startups Find Opportunities in the NRV

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New River Valley, VA – Virginia’s New River Valley (NRV) is the perfect location for businesses to flourish. It’s not hard to see why many startup businesses choose to be part of the economic landscape in the NRV. With its easy access to talent, strategic location, and an innovative businesses community, the NRV is a natural fit for any business.

Several NRV startups are innovating in different sectors across the region.

  • Good Food Groups, LLC located in Pulaski County seeks to manufacture functional foods that contain a substance that helps individuals maintain weight, build muscle, and lose fat. They were recently selected to participate in the RAMP program that gives them access to regional resources and support. Learn more here.
  • MacroVation, LLC also located in Pulaski County designs sustainable biomaterials such as additives that rend plastics biodegradable after use and 3D printable materials from seaweed to manufacture medical devices. MacroVation was also selected to be part of the RAMP program.
  • Fermi Energy in Montgomery County is developing electric vehicle batteries that would help solve supply chain issues of hard-to-get materials like cobalt and nickel. Their goal is to create a battery that would come from locally sourced materials. Through Virginia Tech, they won $2.9 million in grant money from the U.S Department of Energy. Read the full story of them in the Cardinal News here.
  • Vegg Inc. has also found a home in Pulaski County. They are introducing novel solutions for indoor farming by repurposing old school buildings for vertical farming companies. WSLS recently featured a story on them. You can watch the story here.
  • Cowden Technologies in Montgomery County is automating the logistical requirements of uncrewed systems. This is a system that uses robotics to support the drone ecosystem. Cowden Technologies was recently accepted into the NVIDIA Inception program that will give them access to cutting edge technology, venture capitalists, and technical resources. Read the press release here.
  • MOVA Technologies in Pulaski County uses air capture technology for air purification and air pollution control. They recently closed on a $2 million seed funding round that will help with the organization’s growth. Read the full MOVA press release here.

Find out how your business can become a part of this innovative landscape in the NRV here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.