Its mission, which is outlined in the Code of Virginia (§23.1-200), is "to promote the development of an educationally and economically sound, vigorous, progressive, and coordinated system of higher education in the Commonwealth of Virginia."
Its purpose, as stated in the Code of Virginia (§23.1-200), is "to encourage the growth of an educationally and economically robust, dynamic, forward-thinking, and integrated system of higher learning within the Commonwealth of Virginia."