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Innovative Capacity A region’s capacity to support creation of new knowledge to generate 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.

342

178 162

100

U.S. Avg.

59 40

44

Greensboro

Augusta

8

WinstonSalem

70

83

Columbia Greenville

2018 Midlands Regional Competitiveness Report

89

Charleston

94

Knoxville

Tallahassee

Lexington (KY)

Raleigh

The Indicators –

Innovation Awards: SBIR and STTR Awards per 100,000 residents

=

Intellectual Property Creation: Utility patents per 10,000 workers

+

Research & Development Expenditures: University and college R&D expenditures per 1,000 people

+

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

Research & Development Funding: Amount awarded from all sources per 1,000 people

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2018 Midlands Regional Competitiveness Report  

By 2025, Columbia, SC will be one of the Southeast’s most competitive and prosperous metros. Each year, it is our privilege to work with reg...

2018 Midlands Regional Competitiveness Report  

By 2025, Columbia, SC will be one of the Southeast’s most competitive and prosperous metros. Each year, it is our privilege to work with reg...

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