Every state, regional and local government agency responsible for economic development is concerned about maintaining economic vitality, encouraging technological innovation, and ensuring the workforce is trained, ready and able to meet the needs of a globalized and dynamic world economy. Creating an ecosystem that spurs technology innovation can prove challenging if large parts of the business community are unable to adopt and afford those technologies key to their long-term vitality. Given Fraunhofer’s capacities to transform cutting edge research into real world solutions for industry, the State Alliance Program serves as a springboard for state governments to engage Fraunhofer researchers for long term cooperation. By bringing together state officials, academic researchers, Fraunhofer experts, and businesses to understand and overcome those barriers. With reducing costs, boosting quality and efficiency, developing new products and services, the state is more likely to maintain a healthy and competitive business ecosystem.
Additionally, Fraunhofer USA staff have experience working for and with state and local economic development programs. We understand the challenges and responsibilities of government officials charged with job creation and retention, workforce development, business creation and preservation, fostering business environments conducive to growth and innovation, as well as helping to bolster the state’s strategy to attract out-of-state and international businesses looking for expansion opportunities.