This segment of the state’s economy and the ecosystem it supports transforms research, knowledge and know-how, via collaboration, into products, processes, services and systems.
The Innovation Institute implements a unique model for the state to spur economic growth, working hand-in-hand with industry leaders, academic researchers and policymakers. As an agent of the Commonwealth, the Innovation Institute uses this model to fuel economic growth, create wealth and generate improvements in the regions’ standard of living.
Our unique, “fact-based” approach to economic development is a central tenet of how we approach our mission to support growth in the Commonwealth’s innovation economy.
The Innovation Institute combines its investments with specialized direct services that involve the key stakeholders necessary for continuing success and follow-on public and private investment.