Goal 5: Advance Idaho's Innovation and Commercialization Ecosystem
Key Findings
- Expand and coordinate state's technical and innovative resources
- Promote and administer Idaho Global Entrepreneurial Mission (IGEM) grants
- Connect businesses to Commerce resources and university research
- Support entrepreneurs seeking to start or expand emerging businesses
- Strengthen relationships with technology industry companies
- Advocate for environment conducive to new technologies and innovation
- Enhance partnerships with universities, private sector, Idaho National Lab, and others
- Engage with IGEM Council for grant program applications
Analysis
Small Business Perspective
This goal shows no consideration for businesses under 20 employees. While the support for entrepreneurs seeking to start or expand emerging businesses could potentially benefit some small, high-growth startups, the focus on university partnerships, commercialization of research, and technology industry relationships tends to favor larger companies or well-funded startups.
Big Business Perspective
This goal is 100% aligned with big business interests in the innovation and technology sectors. The emphasis on coordinating technical resources, promoting university-industry partnerships, and enhancing relationships with national laboratories caters to the needs and capabilities of larger companies with significant R&D budgets.