It is with mixed emotions that I announce that I will retiring from my position as Executive Director of the Center for Advanced Engineering and Research (CAER) on December 31, 2020.

During my 13 years with the CAER I have seen the region work together to accomplish quite a lot. During this period, the region’s tech based economic development program has yielded over 300 jobs, close to $50 million in capital investment, and multiple public and private partnerships. In particular, the planning, design, construction, and operation of the CAER research and development facility will always be one of the proudest achievements of my career.

However, it is time for me to move on to new challenges, both personally and professionally. The CAER and the Lynchburg Regional Business Alliance have collaborated on the drafting of an integrated technology-based economic development (TBED) work plan for the region that will continue the regional efforts to build R&D capacity, support technology commercialization, build a strong STEM workforce, and develop a vibrant entrepreneurial culture. I am confident the future is bright for the region.

After December 31 I will continue to support the LRBA’s work where I am able, but I will no longer be involved in the planning or implementation of any new TBED initiatives in the region. My CAER contact information will stay the same through December 31 but after that I can be reached at BobBailey [at] OutcomesConsultingServices [dot] com

Beginning January 1, 2021 any inquiries regarding tech based economic development opportunities should be addressed to the Lynchburg Regional Business Alliance. The contacts there would be:

I am grateful to the CAER board, the Lynchburg Regional Business Alliance and to the regional economic development organizations for the opportunity to be a part of this effort over the last 13 years. I look forward to seeing what comes next for the region.

With gratitude,

Bob Bailey

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