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Economic Development

We're not just a university, we're an economic engine.

As a public university, William & Mary is proud to be an important partner in the economic success of Virginia. Our students and faculty don’t work and learn in a bubble. Their intellectual, professional and social lives are enriched by meaningful interaction with the greater Williamsburg community and the wider Hampton Roads region.

Here's the best part: when W&M succeeds, so does Virginia. According to a recent study by Weldon Cooper Center for Public Service, William & Mary contributes nearly a billion dollars and more than 5,000 jobs to Virginia each year. And that only measures direct economic impact on payroll, construction, student and visitor spending, to name a few specific areas.

The indirect impact of W&M on the local community and state economy is even more valuable. Our office of economic development and business innovation is eager to connect our faculty and students to opportunities to work with business, non-profit, academic and public partners in collaborations that strengthen our programs and contribute to new economic opportunities both here and throughout Virginia. Our expert faculty and students can help your business research new technologies, develop business plans and test new product ideas.

Looking to spark a new business? Consider The Entrepreneurship Hub at William & Mary which provides the leadership, vision and hands-on experience needed to support students and other business visionaries pursuing entrepreneurial careers.

And let's not forget William & Mary's greatest asset: our incredible students. Learn more about the crucial role that W&M service plays in the success of the Williamsburg community.