Mark Stimpfig’s Post

In our latest guide, we delve deep into the intricacies of selecting the optimal location for your European tech or life science venture in the U.S. Gain valuable insights into industry clusters, talent availability, regulatory landscapes, cost structures, and more. This strategic blueprint equips you with the tools needed to navigate the complexities of expansion successfully. Don't miss out on this essential resource for informed decision-making. 🌐 https://lnkd.in/efjTc5hc #SiteSelection #BusinessGrowth #USMarketEntry Mark Stimpfig Tamara Medina Ian Collins Chris Howie Mindy Daeschner

Thinking about expanding your European tech or life science company to the U.S.? It's no small feat. This guide delves into the complexities of site selection, offering a roadmap to navigate the challenge. Explore industry clusters, talent pipelines, and more to chart your expansion course. 🌍 #ExpansionStrategy #USMarketEntry  #SiteSelection https://lnkd.in/eemjkWwe

Geographic Funding Biases: Overcoming the Silicon Valley effect. Funding shouldn't depend on location. Believe in your potential. Here's how to overcome biases: - Build a strong network. - Showcase your expertise. - Embrace virtual opportunities. Where do you see innovation flourishing?🌍 #GeographicBias #StartupLife #Innovation

12 Tech Hubs Across America... scale up the production of critical technologies, create jobs in innovative industries, strengthen U.S. economic competitiveness and national security, and accelerate the growth of industries of the future in regions across the United States. The Tech Hubs Program is a flagship initiative of President Biden’s Administration to invest in and grow the economies in communities across the country, advancing America’s global leadership in critical technologies, and strengthening our national and economic security. https://lnkd.in/eDeTsisw

💬 “Development of space for innovators can be achieved in such a way that it acts as the connective tissue between the public sector, prospective investors, innovators and wider industry.” This month in Forbes, our Chief Scientific Officer Kath Mackay welcomes the intervention by Michelle Donelan MP, Secretary of State for Science, Innovation and Technology, to offer targeted support to some of the most promising science and tech businesses, meaning more substantive mentoring and funding for truly game-changing businesses within these sectors. Yet she also reminds us of the importance of doing more to continually improve the innovation ecosystem at a wider, more holistic level. Securing the right physical space and infrastructure is hugely important to supporting innovators to scale, especially when that infrastructure serves as the scaffold for cross-sector synergies and strategic collaboration. ➡ See here for the full article: https://lnkd.in/eJ82YPAg #Infrastructure #Collaboration #Science #Tech #InnovationEcosystems #ThoughtLeadership

"In October 2023, the U.S. Economic Development Administration selected 31 ✨ #TechHubs ✨ designees from a pool of 379 applications, making them eligible for multi-year implementation awards. Now, the #EDA has provided implementation grants of between $19 million and $51 million to 12 consortia to execute their locally developed plans for achieving global economic prominence in a key industry within 10 years. Those funds will support focused cluster strategies, accelerate commercial scale-up, and develop the workforce of the future, all while achieving key national goals, such as securing America’s national security, strengthening its supply chain resilience, and improving #economic inclusion. As such, the new 🎉 awards stand out as especially prominent elements of the nation’s ongoing, multi-program drive in recent years to boost national economic development by leveraging what we call 'place-based industrial policy,' the idea that intentional efforts to unlock growth in new places represents a plausible strategy for boosting the nation’s technological advantages, global competitiveness, and #nationalsecurity. Given all of this, then, it is worth pausing to consider this week’s announcement and take a brief look at the nature of the awards (and the winning consortium organizers) as well as what’s next for the program. Here are three initial takeaways." 🔎 Read on! Mark Muro, Joe Parilla and Francesca Ioffreda for The Brookings Institution

Greater Phoenix showcase reveals why it's challenging Silicon Valley for international tech expansion. Watch the video below to find out why. https://lnkd.in/e4u43jbu

I'm please to announce that my article, titled "When and how should an incumbent respond to a potentially disruptive event?," has been accepted and published in the Journal of Economic Dynamics and Control. This work explores the concept of strategic ambivalence and its impact on optimal investment timing, particularly in situations where an incumbent, say, in the tech industry, can respond in different manners. Read more here: https://lnkd.in/ePkXkni8

Greater Phoenix showcase reveals why it's challenging Silicon Valley for international tech expansion. Watch the video below to find out why. https://lnkd.in/e6R7xqei

Small companies do great research. I just read this article about top industries funded in 2024. Here is it, crafter by Jason Bovell CPA from New York. Take a look!