The vision for the Technology Park is to serve as a thriving engineering, research and development center that will host multiple technical organizations and contribute to the economic growth of the region, modeled after the Research Triangle Park in North Carolina.

A group of organizations contributed to the development of this vision, including:

	BIDCO, the Business and Industry Development Council, now succeeded by the Charleston Area Alliance
	The Chemical Alliance Zone
	The Dow Chemical Company
	The Mid-Atlantic Technology, Research & Innovation Center (MATRIC)
	The West Virginia Development Office (WVDO)

The model for the Technology Park has three critical elements:

	A major research university with nationally renowned engineering and research capabilities to serve as an anchor. This will be a critical contribution to the credibility of the Technology Park. (A 58-acre segment of the park, including Building 740, has been donated to West Virginia University.)
	A diverse collection of technically oriented businesses and companies. (Approximately 12 organizations are currently housed within the park.)
	A nationally renowned contract research and development company. (Battelle, a contract research organization that conducts $3.3 billion in research and development annually, has joined the Technology Park.)

The plan for development includes the following elements that will contribute to long-term growth:

	Continued support of Dow businesses
	Multiple tenants focused on research and technology
	Partnerships with universities, including West Virginia University, WVU Institute of Technology, Marshall University, University of Charleston, and West Virginia State Univesity
	Support for economic growth and development for Dow, the state of West Virginia, and the greater region