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Fueling Innovation and Business Growth through Federal R&D Programs Event a Success

Nearly 150 executives from Indiana businesses attended Fueling Innovation and Business Growth through Federal R&D Programs in December 2014. The event, hosted by Rolls-Royce and the Indiana Aerospace & Defense Council (IADC), explored topics relevant to the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.

The SBIR and STTR federal programs are the small business community's  largest source of early stage and high-risk R&D funding. The event offered a variety of perspectives and best practices to bring more of this funding to Indiana, and featured remarks from Lt. Gov. Sue Ellspermann and panel discussions with:

  • Small Indiana companies using federal R&D contracts to develop new technologies and fuel business growth;
  • Large Indiana companies leveraging federal research programs and partnering with small businesses to support their own technology development and commercialization efforts;
  • Representatives from in-state universities with programs available to help small businesses and entrepreneurs develop and commercialize new technologies; and
  • University researchers using federal R&D programs to develop technologies and launch new businesses.

The Indiana Office of Small Business and Entrepreneurship (OSBE) and Elevate Ventures also spoke with attendees about the state's newest programs to support Hoosier companies in their pursuit of federal research and development awards. 

  

  

     

Information

Building National Security: The Economic Impact of Indiana's Defense Industry (2011) (Indiana Business Research Center; Kelley School of Business as Indiana University)

A Technical Analysis of the Economic Impact of U.S. Department of Defense Contracts in Indiana (2011) (Center for Business and Economic Research; Ball State University)

Indiana Defense Asset Study and BRAC-Affected Communities Analysis (2007) (Central Indiana Corporate Partnership)

 

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