Photo Courtesy of Robert Clark Photography / Nephron Pharmaceuticals
Innovative Capacity A region’s capacity to support the creation of new ideas, products and processes
201
206
206
Augusta GA
7th/10 Percent of population aged 25 years and older holding a graduate degree
5th/10
131
125
Research & Development: Funding:
97
Amount awarded from all sources per 1,000 people
6th/10
48 Greensboro NC
WinstonSalem, NC
Columbia SC
OVERALL RANKING
OVER TIME 8
University and college R&D expenditures per 1,000 people
Academic Achievement:
66 43
SBIR and STTR Awards per 100,000 residents
University Research & Development Expenditures:
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.
94
Innovation Awards:
9th/10
What are SBIR and STTR awards?
100 U.S. Avg.
The Metrics
Greenville SC
Charleston SC
Knoxville TN
Tallahassee FL
Lexington KY
Raleigh NC
2015
2016
2017
2018
2019
2020-21
7 th
7 th
8 th
8 th
7 th
7 th
2020-21 Midlands Regional Competitiveness Report
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