VTIC expands this tradition by providing technical, scientific and business information to those outside of the academic community. This is primarily a for-fee service. The Business Assistance Center, which includes the New River Valley Small Business Development Center, is Radford University's primary vehicle for contributing to economic development. Businesses interested in information about expanding international opportunities will find the International Trade Center of Western Virginia of use. The Network offers incubator tenants counseling with business plan development, financial management and other business assistance.
Facilities are available to new or relocating businesses.
The corporation provides business assistance in the form of information and referral, financial assistance, and incubator and multi-tenant facilities. The center is part of an effort to enhance opportunities for business within the New River Valley. The Mission is to strengthen Virginia's economy by serving as state government's principal point of communication with Virginia businesses in order to provide access to resources that maximize the potential for their success. The staff of the Financial Services Division can assist new, expanding, and relocating companies in securing other public or private financing. The division also publishes the Virginia Capital Resources Directory, and administers the Commonwealth's annual federal allocation of private activity bond authority.