Useful Stats: SBIR/STTR awards by Metro (2013-2017)

Washington DC - ​Last week, SSTI examined the geography of “America’s Seed Fund,” the SBIR/STTR awards, on a state-by-state basis. A look at how the more than 25,500 awards were distributed at the regional level over the five-year period from 2013 to 2017 yields additional insight. The metropolitan areas with the largest concentrations of SBIR/STTR awards include knowledge hubs with large universities and access to federal R&D, such as Boston, Los Angeles, and Washington D.C. Smaller regions with a large federal R&D presence, like Huntsville, Alabama, Santa Maria, California and Dayton, Ohio also rank highly.

Compared to venture capital, the geography of SBIR/STTR deals is considerably less concentrated. Overall, less than half (44.2 percent) of the SBIR/STTR award dollars distributed between 2013 and 2017 went to the top 10 metropolitan areas. The top 10 metropolitan areas represent approximately 80 percent of all venture capital dollars, according to CityLab.
The map below includes the 254 metropolitan areas for which SBIR/STTR and Gross Metropolitan Product (GMP) data are available. The interactive, searchable map below highlights the average SBIR/STTR awards per year from 2013-2017 for a metro area, how 2017 compared to previous years, the concentration of SBIR/STTR awards, and the area’s ranking in these categories.

To read more:
https://ssti.org/blog/useful-stats-sbirsttr-awards-metro-2013-2017?utm_source=SSTI+Weekly+Digest&utm_campaign=15e55fe139-EMAIL_CAMPAIGN_2018_06_01_04_15&utm_medium=email&utm_term=0_ecf5992d4c-15e55fe139-220101229