Digital Planet - Executive Summary v1 - WITSA

Virginia’s Center for Innovative Technology (CIT) exists to stimulate economic growth withinthe Commonwealth by serving its technology-based businesses. Through a variety ofbusiness, technical and financial assistance programs, CIT helps Virginia companies to:• acquire or develop technologies;• turn technologies into products;• bring technology-based products to market; and• get new products into production.CIT has also taken the leadership role in developing five key technology industries:Aerospace and Transportation Technologies, Advanced Manufacturing, Biotechnologyand Biomedical Applications, Electronics and Advanced Materials, Energy andEnvironmental Technologies, and Information Technology and Telecommunications. Inaddition, CIT facilitated the creation of and is busy implementing Virginia’s Blueprint forTechnology-Based Economic Growth, a document outlining recommendations forVirginia’s emergence as a global technology leader.In FY95 through FY97, CIT helped Virginia’s technology-based companies create/retain9,854 jobs and 222 companies, and increased Virginia’s overall competitiveness by$278 million.For more information regarding CIT, contact your local CIT office at 1-800-3-TECHVA,your industry director at (703) 689-3000 or visit our website at www.cit.org.The Fairfax County Economic Development Authority provides a wide array of servicesand information designed to promote Fairfax County, Virginia as a business location fordomestic and international companies. Fairfax County is recognized around the world asone of the leading centers of the information technology industry and is the internationalheadquarters of the World Information Technology and Services Alliance (WITSA). TheCounty’s technology companies are on the cutting-edge in the areas of telecommunications,satellite communications, the Internet, software development and systems integration.For more information on Fairfax County, Virginia, please visit our web site atwww.FairfaxCountyEDA.org.Digital Plant — The Global Information Economy