MERIC NEWS LETTER

Missouri's Business Climate Tool in Action: SBIR & STTR Data

The Business Climate Comparison (BCC) online tool recently launched by the Missouri Economic Research and Information Center (MERIC) contains a wide-range of data comparing state population, education, and economic information. The tool allows users to compare any number of states and the District of Columbia across 72 indicators that are sub-divided into eight easy-reference categories, including Population, Income, Education, Taxes, Cost of Living, Business Climate, Labor and Infrastructure.

In the sub-categories of data under Business Climate, Missouri ranks very favorably when compared to adjacent states. When ranked nationally or against states with similar population, Missouri ranked toward the middle for most categories of data.

Small Business Innovation Research and Small Business Technology TRansfer

An example of available data with the MERIC BCC tool is the SBIR and STTR programs. These federally-funded programs encourage small businesses to explore their technological potential and provide the incentive to profit from its commercialization.

The major difference between the SBIR and the STTR is the STTR is a cooperative effort among small business interests and U.S. research institutions, while the SBIR is funding for small business concerns alone. Qualifications, funding agencies and other details about both programs can be found online at: http://www.sba.gov/sbir/indexsbir-sttr.html


SBIR/STTR combined allocations
2004 figures


2004 figures

The BCC tool can be found on the MERIC website at: http://www.missourieconomy.org/indicators/bcc/index.stm

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