U.S. Department of Commerce Announces $15 Million Grant Competition to Spur Regional Innovation
Contact: Public Affairs Department, (202) 482-4883 Thursday, September 4, 2014
WASHINGTON — U.S. Secretary of Commerce Penny Pritzker today announced the launch of the Economic Development Administration’s (EDA) $15 million 2014 Regional Innovation Strategies Program competition to spur innovation capacity-building activities in regions across the nation. Under this program, EDA is soliciting applications for three separate funding opportunities, including: the i6 Challenge, Science and Research Park Development grants, and cluster grants to support the development of Seed Capital Funds.
U.S. Department of Commerce Invests $2 Million to Expand Clemson University Incubator
WASHINGTON, June 18, 2014 - U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to build a Research One building at the Clemson University International Center for Automotive Research (CU-ICAR). The Research One building will provide space for private-public partnerships focused on developing new technologies in the automotive, mobility and IT fields, supporting the intersection of productivity, innovation, and entrepreneurship.
AURP Recognized for Contributions to Inaugural America’s Competitiveness Exchange on Innovation and Entrepreneurship
This April, AURP participated with 47 others from 19 countries at the first America’s Competitiveness Exchange on Innovation and Entrepreneurship (ACE) organized by the United States Department of Commerce and the Inter-American Competitiveness Network (RIAC). At this event many shared best practices in public-private partnerships and investments in advanced technology centers and innovation hubs as part of a national initiative to advance strategic economic and commercial priorities. These efforts are seen as central to promoting mutual economic growth, job creation and global competitiveness.
University Research Parks Drive Innovation and Growth
University research parks are a successful way to advance innovation and create economic growth in regions across North America, according to a new report, “Driving Regional Innovation and Growth,” prepared by Battelle Technology Partnership Practice (TPP) in partnership with the Association of University Research Parks (AURP). Further, university research parks are an effective way to create new employment opportunities for existing technology companies, according to the report.
Highlights of the report, based on a survey of North American university research parks, reveal:
• The creation of an environment that encourages innovation and entrepreneurship is the top priority of university research parks
• Innovation-driving services are offered by nearly all university research parks.
• In the last five years, 963 new businesses have graduated from the responding research parks incubators or related startup space. Only 19 percent of these startup companies were no longer in business, compared to the national statistic of over 50 percent.
• Average job gains for research parks over the period 2007 to 2012 were 27 percent, well outperforming the economy overall (as based on 85 university research parks who responded to a similar survey back in 2007).
Custom Programs Taught by Community Innovation Experts
Bring your stakeholders together with this custom program taught by highly experienced, successful research park directors and university-led economic development experts. By focusing on your region’s unique strengths and minimizing challenges, AURP’s on-site seminars help communities find the path to successful high technology economic development endeavors.
Learn from AURP’s team of university research park experts,who have actually built and operated the world’s leading research parks. Their experience and advice will be invaluable as you tackle challenges: just getting started or “remodeling” your innovation efforts. AURP’s “Creating Communities of Innovation” is tailored to your community, your challenges and your own assets.
Create your own successful Community of Innovationwith AURP’s “Creating Communities of Innovation.” Take the first step today!Read more.
Highlighting the University of Arizona Science & Technology Park
Video Courtesy of Tucson 12 - the City Channel
University research parks are where the world’s brightest minds go to work. In these environments of innovation, startup businesses are provided the resources they need to flourish, forming new jobs and industries. More mature companies partner with universities on projects and find easy access to an educated workforce and suppliers.
NPR: Notre Dame and Ignition Park Reinvent South Bend
Listen to the NPR story on how Notre Dame and Ignition Park are reviving the once "dying town" of South Bend, Indiana. South Bend may be best known as the home of the Fighting Irish, but it was once the home of Studebaker automobiles. When Studebaker closed in 1963, it left a gaping hole in the town, where unemployment is at 10.4 percent, according to the latest data from the Bureau of Labor Statistics. Now, the city is working hard to create a second act for the commercial life of South Bend. In recent years, some of Studebaker's former assembly plants have been torn down, and one former site on the company's old grounds has been renamed Ignition Park. Listen Now.
History of the Research Triangle on CSPAN
Narrated by The Research Triangle Park's President & CEO Bob Geolas