Listen to SSTI's Interview with Bob Starzynski of Innovation Works
Listen to Bob Starzynski's response to the following questions in the 9-minute clip and full interview (approximately 17 minutes):
- Can you explain the historical sources of funding for the IAG fund and describe your more recent efforts to turn it into an evergreen fund?
- Why are grants considered the critical delivery mechanism for the fund?
- What are some of the critical components of the program that have contributed to its success?
Listen to the 9-minute condensed version of the interview or the full conversation (17 minutes).
About the Innovation Adoption Grant Fund
Innovation Works' Innovation Adoption Grant Fund provides grants of up to $50,000 for small manufacturers in Southwestern PA, matched by the companies own funds. Since 2004, the IAG Fund has awarded more than $1.5 million to more than 100 companies, generated an additional $2 million in matching investment in R&D from private industry, and created or retained more than 800 jobs with an average annual salary of $45,000.
About the Excellence in TBED Awards
The SSTI Excellence in TBED Awards recognize
exceptional achievement in addressing elements that have been found in
successful tech-based economies. These include a research base that
generates new knowledge, mechanisms for transferring knowledge into the
marketplace, an entrepreneurial culture, sources of risk capital, and a
technically skilled workforce.
For more information about the SSTI Excellence in TBED Awards, visit http://www.sstiawards.org.