6. Return on Investment
Returning on Investment Grants (ROI)
Battelle Report
SFAz contracts with Battelle Technology Partnership, the world’s largest independent non-profit research and development organization, to track the return on grant investments.
The June 2009 Battelle report on the first two years and initial $60 million of investment found SFAz’s work has had a significant impact with the following results:
- $109.8 million in industry match and additional dollars raised; or $2.18 in new monies raised for every State grant dollar distributed
- Involved 54,517 students and 681 teachers in K-12 STEM education activities
- 11 innovation-based spin off companies established in Arizona
- 292 publications
- 50 patents filed and issued
- Nine (9) technology licenses in place
- 757 jobs created related to SFAz grants
Return on Investment, Second Battelle Report, Press Release July 8, 2009 >>
Performance Report, Full Document - July 2009
Return on Investment, First Batettle Report, Press Release February 27, 2009>>
Performance Report Summary - February 2009 >>
Performance Report, Full Document - February 2009 >>
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Note: For more specific details of Investment Grants by Program results, Visit our Grants Program- Home Page>> and refer to the individual investment grant program.
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