The Institute of Advanced Learning and Research (IALR) recently announced its first commercial spin-off, Dan River Plants, LLC.
Dan River Plants uses micropropagation technology to create, clone and grow plants at a rapid rate. The technology was developed through collaboration between IALR’s Institute for Sustainable and Renewable Resources and Virginia Tech’s College of Agriculture and Life Sciences.
Micropropagation utilizes plant tissue cultures to grow identical plants by an order of magnitude, yielding rapid and reliable results. The company is producing both decorative plants, such as lilies, roses and azaleas, as well as biofuel crops.
Dan River Plants plans to invest $1.3 million and create 27 new jobs to establish a facility at Ringgold East Industrial Park in Pittsylvania County, Va.
IALR was established in 2000 through partnerships among Virginia Tech, Averett University, Danville Community College, Pittsylvania County, City of Danville, Future of the Piedmont Foundation, Tobacco Indemnification Commission and the Commonwealth of Virginia.
The center uniquely operates as a research and development facility, education leader, business incubator and conference center.
IALR has strategically positioned itself to capitalize on the expertise found in Southern Virginia. The center focuses on four main areas of research, including sustainable and renewable resources, analytical chemistry, polymers and composites, and vehicle research.
IALR is yet another example of the innovative research and collaboration with universities that supports Virginia businesses, from start-up to late stage. To learn more about opportunities to co-locate with Virginia’s leading universities at R&D centers across the Commonwealth, click here.