Through strategic partnerships with governments, universities and industries, Global Innovation Lab trains and supports entrepreneurs in their communities to overcome local challenges, create jobs, and drive sustainable economic development. We do this work applying the same principles that helped develop Austin as a globally recognized center of innovation. Our accomplishments to foster innovation-based economic development have:
- Provided high-quality training programs in 44 countries
- Created 15,000 new jobs
- Generated $1.5 billion in global economic impact
We help local stakeholders build world-class incubators. We work with stakeholders to define strategy and goals, recruit the best companies, and develop entrepreneurs to succeed in local and global markets.
Drawing on the principles of technology transfer developed at The University of Texas at Austin, we work with university researchers and support staff to move technologies from universities to the market. We assist with policy, technology reconnaissance, researcher training, IP review, market research, valuation, licensing, and spin-offs.
Working with new venture teams, we move those teams beyond passion for an idea and through the hard work of market validation, product development, and deal creation supported by our global network, to achieve measurable results.
We help cities and regions become globally competitive by applying the principles of the Austin technopolis to their region, adapting to their local strengths, challenges and culture. We help cities improve quality-of-life for their citizens by applying principles of innovation to address their greatest development challenges.