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Beyond their measurable economic impact, the federal facilities create a number of intangible benefits for their local communities, the state and broader social structure. These labs spur the development of new technologies, spawn tech transfer and spin-off companies and work collaboratively with private business, resulting in greater business investment in the state. The facilities and researchers also foster community relationships through education and volunteerism.

IMPACT OF COLORADO FEDERAL LABS ON BOULDER COUNTY: FY 2013-FY 2015

The economic impact of Colorado’s federal labs on Boulder County totaled $1.1 billion in FY 2015.

Impact Output ($millions) Value Added ($millions) Employment

2013 $1,070 $643 7,367

2014 $1,093 $664 7,592

2015 $1,099 $698 7,627

Source: Business Research Division, Feb. 2017

EXAMPLES OF COMMERCIALIZATION Private-PublicPartnershipSpin-off Companies Shared Equipment/Space

Tech Transfer

Licensed Technology

Patents

NOAA

NOAA

NOAA

JILA

JILA

JILA

INSTAAR

NREL

NREL

NREL

INSTAAR

NREL

NWRC

UCAR

LASP

NREL

NWRC

UCAR

CIRES

RMRS

RMRS

CIRES

UCAR

CIRES

Federal labs in Boulder have been demonstratively successful in tech-transfer and the creation of multiple spin-off companies.

USDA CIRES Source: Business Research Division, Feb. 2017

FEDERAL LABORATORY CONSORTIUM The Federal Laboratory Consortium for Technology Transfer (FLC) is the formally chartered, nationwide network of over 300 federal laboratories, agencies and research centers that fosters commercialization best practice strategies and opportunities for accelerating federal technologies from the labs and into the marketplace. Boulder ranks high among its peer cities with labs that are part of this network.

FEDERAL CONSORTIUM LABS (CITY) Compared to peer cities, Boulder ranks second with four labs as members of the FLC. Members of the FLC community include world–renowned scientists, engineers, inventors, entrepreneurs, academia and laboratory personnel who promote further innovation in Boulder.

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BOULDER INNOVATION VENTURE

Innovation Venture  

The Boulder Innovation Venture Report is a product of an initiative launched by the Boulder Economic Council of the Boulder Chamber in 2017....

Innovation Venture  

The Boulder Innovation Venture Report is a product of an initiative launched by the Boulder Economic Council of the Boulder Chamber in 2017....