The New Billion-Dollar Reason Why Northern Virginia Will Be the Next Tech Startup Hot Spot

Virginia Tech’s new Innovation Campus, in addition to Amazon’s HQ2, is expected to attract new talent to the area and boost funding for local companies.

Amazon isn’t the only big player setting up shop in Northern Virginia.

Virginia Tech is building its new $1 billion Innovation Campus in Alexandria, just south of Amazon’s behemoth second headquarters, the university’s president, Tim Sands, announced Monday. The Innovation Campus will offer graduate-level courses in artificial intelligence, cybersecurity, and quantum computing–industries that already have a strong presence in the region. What’s more, the new facility will include an incubator space for startups, offices for industry collaboration, and a ground-floor retail space. The first class of graduate students is expected to enroll in 2020 and Virginia Tech expects the campus to be fully operational in 2023.

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