TFIC supports projects that provide extremely high leverage per dollar in development of robust regional innovation ecosystems.
- Innovation Ecosystems Reference Model – Innovation ecosystems are the essential difference between average and high-performance regional economies, but ecosystems are often described in fuzzy terms. What is an ecosystem and what does it do? How do you visualize an ecosystem? How do you assess and communicate the performance of the various parts? TFIC has created a reference model and methodology to support investigations into these questions and more.
- High-Impact Firms – Building on the work of numerous studies into high-growth firms, sometimes called “gazelles” or high-impact-firms, TFIC is researching predictive growth methods. It is recognized that only a relative handful of US firm typically 3-5%) generate nearly all jobs growth every year. Is it possible to predict economic and jobs growth from recent performance, in order to more efficiently tailor economic development and workforce efforts? Can you “scan” for new sources of regional advantage before they are generally recognized?
Texas SBIR/STTR Network – TFIC developed a low-cost demonstration project focused on accelerating Texas SBIR attainment, which ranked seventh among states, but only 34th adjusted for population. TFIC created a comprehensive set of statewide efforts integrating outreach and partnering, education, proposal reviews, mentoring, and the Texas SBIR/STTR Summit and Conference. As a result, Texas boosted its performance (total award dollars) by more than 33% in 2013 , for the first time ranking fourth among all states.
Texas Association of Research Parks and Incubators (TARPI) – More than 30 of Texas largest research parks and incubators participate in TARPI, providing a platform to assist communities develop innovation infrastructure, and a forum for practitioners to exchange best practices, and learn about new trends and resources.
STEM Internship Network – Demonstration project that simultaneously addressed two concurrent needs: retaining our best STEM talent in Texas, while assisting the growth of young, high-potential firms. Young tech firms rarely have time to think about interns, but they need lots of help to achieve their high-growth potential. STEM graduate and undergraduates have numerous opportunities, but many leave Texas before they experience working for high-potential firms.
In addition, TFIC leads or supports a number of other initiatives:
– Central Texas RCIC
– Aerospace-Defense Manufacturing Technology Acceleration Center (MTAC)
– Workforce Collaboratives
– Cleantech focused job seeker website with internship match
– Competitiveness Benchmarks