Virginias Region 2000 is 2000 square miles of collaboration, innovation, and productivity in Central Virginia.
Home » Media Center » Archive » CAER awarded $7.6 million for nuclear energy research center




Bob Bailey

CAER awarded $7.6 million for nuclear energy research center

The Center for Advanced Engineering and Research (CAER) has been awarded $7.6 million from the Virginia Tobacco Indemnification and Community Revitalization Commission to build a nuclear energy research center in the region.
 
The announcement came following the Commission’s quarterly meeting held on Thursday in Bristol where board members voted to fund certain special projects for fiscal year 2009.
 
The award will go toward site preparation, design and construction, and basic equipment for a 25,000-square-foot research facility planned for the New London Business and Technology Center in Bedford County. The CAER center will house research labs, classroom space, and meeting rooms to support applied research and design activities.
 
“Bedford County is honored to be the site for this unique facility that will play a crucial role in advancing our region’s science and technology footprint,” said Bedford County Administrator Kathleen D. Guzi, who supported the selection of the New London site, located just off 460 West toward Bedford.
 
According to Bob Bailey, CAER executive director, the new center will provide local companies, research universities, federal laboratories, and other partners with a central point for applied research, product development, commercialization, and professional training. The CAER, which already has established several partnerships between companies, universities, and R&D labs, plans to attract up to $5-10 million in research contracts and grant awards within the first five years of operation.
 
“We will work closely with local companies to determine what research activities will help them solve specific problems and address the needs of the broader nuclear energy industry,” Bailey said, adding that the facility will also be utilized by other technology industries in the region, such as wireless and electronics.
 
Bailey says the next step is to select an architectural design and engineering firm and form an industry advisory group that will provide guidance in the design and construction of the center. “We are looking for a campus-like space with a university research feel,” he said.
 
“This is tangible evidence of our long history of regional cooperation and public/private partnerships being used to build a tech-based economic development program in this region,” said Bryan David, executive director of Virginia’s Region 2000 Economic Development Council. “This facility will add the physical infrastructure needed to propel us to the forefront of research and design in the Commonwealth of Virginia.”

For more information contact Bob Bailey at bbailey@caer.us or phone (434) 847-1447.