Who We Are
The Innovation Accelerator (IA) is part of a public-private partnership with an agency of the federal government. The goal of this partnership is to support the commercialization efforts of our nation's Small Business Innovation Research (SBIR/STTR) Grantees. The IA has created a powerful and global social network that it deploys to support small, American-owned businesses seeking to take American innovations to market. IA supported companies have exited, forged significant strategic partnerships, and raised financing over the course of the past year.
Why American Innovation Matters
There is an increasing sentiment in both government and industry that our nation's economic competitiveness is predicated on our ability to innovate. Our nation is the world's best at creating world class science and engineering, and bringing it to market. And it is urgent that our nation maintains this advantage, and indeed to make it even greater. Conditions in today's angel and venture capital markets, though, are less favorable to early to mid-stage technology supported companies than is ideal. It is Innovation Accelerator's objective to work with such companies to improve their chances of delivering a commercial and economic impact.
"History should be our guide. The United States led the world's economies in the 20th century because we led the world in innovation. Today, the competition is keener; the challenge is tougher; and that is why innovation is more important than ever. It is the key to good, new jobs for the 21st century. That's how we will ensure a high quality of life for this generation and future generations. With these investments, we're planting the seeds of progress for our country, and good-paying, private-sector jobs for the American people."
-President Barack Obama, August 5, 2009
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