research parks

EDA Announces $5M in Science and Research Park Development Grants

This week, the U.S. Department of Commerce’s Economic Development Administration (EDA) announced approximately $5 million in total funding for the 12 recipients of the 2014 Science and Research Park Development Grants, used for feasibility and planning for the construction or renovation of science or research parks. These grants, alongside i6 Challenge grants and Cluster Grants for Seed Capital Funds, comprise the EDA’s Office of Innovation and Entrepreneurship’s (OIE) Regional Innovation Strategies (RIS) program, an initiative designed to advance innovation and capacity-building activities in regions across the country. Additional information on the 2014 Regional Innovation Strategies program competition awardees can be found here.

$15M Solicitation for Regional Innovation Released

The U.S. Department of Commerce released a solicitation (EDA-HDQ-OIE-2014-2004219) for Regional Innovation Grants via the 2014 Regional Innovation Strategies (RIS) program. Under the RIS program, Commerce is soliciting applications for three separate Regional Innovation Strategy funding awards, including:

Average Job Gains for Research Parks Outperform Economy Overall, Survey Finds

Startups spun out of university research parks stayed in business longer than the overall national average and helped to improve regional competitiveness by establishing their companies within the area where they were incubated, according to a recent survey from the Association of University Research Parks (AURP). The survey reported the findings of 108 university research park directors over the past five years to demonstrate the extent to which the parks are focused on advancing innovation in their region. Among the top rated opportunities for enhancing growth, effectiveness and impact of research parks going forward are: developing and expanding the business services offered by incubators, capitalizing on more corporate outsourcing of research and deepening university-industry research partnerships, and strengthening collaboration between the park and its affiliated universities. Read the report…

States Target Research, Commercialization for Economic Growth

A continued trend toward improved fiscal conditions gave rise to targeted and riskier investments in research for several states this legislative session. In particular, lawmakers dedicated funds for life sciences research and for initiatives aimed at commercialization through partnerships with higher education and the private sector. Other states dedicated additional funds to expand promising research and technology-focused initiatives already underway.

Research Park RoundUp

As budgets for economic development tighten across all sectors, measuring and reporting impact becomes even more crucial for sustaining support. The Association of University Research Parks points to three impressive impact reports released this year from Indiana's Purdue Research Park, Nebraska Technology Park and North Dakota State University Research and Technology Park.

Research Park RoundUp

Included below are recent development plans and groundbreaking news for research parks announced by officials in Connecticut, Colorado, Kentucky, Massachusetts, Nebraska, North Carolina, Rhode Island and Wisconsin.

Research Parks RoundUp

Having the tools and resources to develop innovative concepts and products and move discoveries from the lab to the marketplace is an essential component for building tech-based economies. Research parks, a place where innovative ideas are borne, partnerships between university and industry are created, and companies grow and create new jobs, provide a foundation for the kind of economic growth necessary to compete in a global economy. Over the past few months, development plans and groundbreaking announcements from research parks across the nation have been made.

Research Park RoundUp: AURP and NRC Testify on Research Park Bill

A bill being debated in Congress would provide federal support for the development of research parks, a major contributor to scientific discovery, technology commercialization and new company formation. S. 583, entitled the Building A Stronger America Act and introduced earlier this year, would make available grants and loan guarantees for the development and construction of science parks to promote the clustering of innovation through high technology activities. The Senate Committee on Commerce, Science and Transportation will hear testimony today in support of the legislation from Brian Darmody, President of the Association of University Research Parks and Charles Wessner of the National Research Council. Over the past few months, several announcements for development of new research parks have been made from around the world. Following is an overview of select announcements.

Research Park RoundUp: An Expanding Role in the Next Economy

Historically viewed as an important contributor to job creation in emerging fields and a revenue generator for cities and states, science and technology parks serve an essential role in driving high-tech economies. A recent article in BusinessWeek predicts that as nations emerge from the global recession, science parks are likely to play an even larger role in the process of ensuring that local economies remain competitive. And with increasing international competition, many established parks are undergoing transformations, adding square footage and distinct features in order to stand out among the crowd.

Microsystems and Nanotechnology Product Center Opens in Alberta

The Alberta Center for Advanced Microsystems and Nanotechnology Products (ACAMP), funded with $8 million from the provincial Alberta government and $3.5 million from the Canadian government, recently commenced operations in the Edmonton Research Park. The new program will be structured around three central components to assist commercialization in this area: packaging and assembly, product development, and marketing.
As identified in the federal government’s science and technology strategy, Mobilizing Science and Technology to Canada’s Advantage (see the May 21, 2007 issue of the Digest), Alberta is poised to become a leader of Canada’s nanotechnology industry, as the province is home to Canada’s National Institute for Nanotechnology. ACAMP was developed in coordination with Alberta’s $130 million five-year nanotechnology strategy announced in 2007, which includes the goal of obtaining two percent of the world’s nanotech market by 2020.
More information on ACAMP can be found at:


Subscribe to RSS - research parks