Innovative Capacity

A region’s capacity to support the creation of new ideas, products and processes

What are SBIR and STTR awards?

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are two of the largest sources of early-stage capital for technology commercialization in the United States. They allow US-owned-and-operated small businesses to engage in federal research and development that has a strong potential for commercialization. SBIR awards can be procured directly by small businesses, while STTR awards require formal collaboration with a research institution.

The Metrics

Innovation Awards: SBIR and STTR Awards per 100,000 residents University Research & Development Expenditures:

8th/10

University and college R&D expenditures per 1,000 people

Academic Achievement:

Percent of population aged 25 years and older holding a graduate degree

5th/10

Research & Development:

Funding:

Amount awarded from all sources per 1,000 people

7th/10 7th/10