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The High Technology Foundation develops and manages the I-79 Technology Park, a specialized campus in Fairmont, West Virginia. This non-profit organization provides critical infrastructure, including advanced electrical and telecommunications capabilities, and offers land to high-priority federal operations. Its core function is to attract and facilitate the growth of technology-driven entities, creating an ecosystem that supports Continuity of Operations (COOP) compliance and fosters technological innovation.
The organization traces its origins to 1990 with the founding of the West Virginia High Technology Consortium (WVHTC) by Congressman Alan B. Mollohan. Recognizing the potential for federal installations to stimulate economic development, the WVHTC Foundation was formally established in 1993. This foundational insight leveraged government investment to cultivate a regional technology hub, leading to the rapid growth of member companies and the establishment of key federal presences.
The Foundation serves a diverse set of tenants, primarily federal agencies such as NASA, FBI, and NOAA, alongside private sector businesses seeking advanced infrastructure. It also engages in workforce development and business support initiatives. The long-term vision centers on strengthening and diversifying West Virginia's economy by building robust advanced technology industries, with a forward-looking emphasis on integrating artificial intelligence capabilities into the region.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 2, 2024 | Bluebirding | $100K Seed | West Virginia High Technology Foundation | — |