[vc_row][vc_column width=”1/1″][vc_empty_space empty_h=”2″ mobile_visibility=”yes”][vc_custom_heading text_size=”h1″ text_font=”font-330413″ text_weight=”700″ text_color=”accent”]What We Bridge[/vc_custom_heading][/vc_column][/vc_row][vc_row row_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”0″ css=”.vc_custom_1539699628757{margin-bottom: 75px !important;padding-bottom: 75px !important;}”][vc_column width=”1/1″][vc_tabs vertical=”yes” history=”yes”][vc_tab title=”America’s Heartland Research Universities” tab_id=”1539588085-1-70″ slug=”Research Universities”][vc_column_text]America’s investment in research universities began in 1862, when the Morrill Act established our land grant college system. That investment has paid enormous dividends. According to some economic historians, America’s ascendency to an economic superpower – distancing itself from Britain and Europe by the early 20th century – grew out of our Morrill Act investments in heartland universities.
Today, America’s heartland research universities account for the lion’s share of our academic research productivity:[/vc_column_text][vc_row_inner][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/1″][vc_empty_space empty_h=”0″][vc_custom_heading text_size=”h3″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif”]Most of America’s Research Happens in the Heartland[/vc_custom_heading][vc_column_text][wpdatachart id=1][/vc_column_text][/vc_column_inner][/vc_row_inner][vc_empty_space empty_h=”3″][vc_column_text]America’s research universities account for a disproportionate share of startup new value creation – important in its own right, and a pretty good proxy for the societal impact of innovation:[/vc_column_text][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ mobile_visibility=”yes” shift_y=”0″ z_index=”0″][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/1″][vc_empty_space empty_h=”0″][vc_custom_heading text_size=”h3″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif” sub_reduced=”yes”]University Innovation Creates Disproportionate Value[/vc_custom_heading][vc_custom_heading text_size=”fontsize-174322″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif” sub_lead=”yes” sub_reduced=”yes” el_class=”doughnut-head”]Percentage of market value of venture-backed NASDAQ IPOs, by source 2015-17[/vc_custom_heading][vc_empty_space empty_h=”0″][vc_single_image media=”661″ media_width_percent=”100″ media_ratio=”sixteen-nine” alignment=”center” el_class=”doughnut-chart”][/vc_column_inner][/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ desktop_visibility=”yes” medium_visibility=”yes” shift_y=”0″ z_index=”0″][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/1″][vc_empty_space empty_h=”0″][vc_custom_heading text_size=”h3″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif” sub_reduced=”yes”]University Innovation Creates Disproportionate Value[/vc_custom_heading][vc_custom_heading text_size=”fontsize-174322″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif” sub_lead=”yes” sub_reduced=”yes” el_class=”doughnut-head”]Percentage of market value of venture-backed NASDAQ IPOs, by source 2015-17[/vc_custom_heading][vc_empty_space empty_h=”0″][vc_single_image media=”675″ media_width_percent=”100″ alignment=”center” el_class=”doughnut-chart”][/vc_column_inner][/vc_row_inner][vc_empty_space empty_h=”3″][vc_column_text]However, all that good research in the heartland, is at a real disadvantage compared to research in the tech hubs, when it comes to investment and growth:[/vc_column_text][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ mobile_visibility=”yes” shift_y=”0″ z_index=”0″][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/1″][vc_empty_space empty_h=”0″][vc_custom_heading text_size=”h3″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif”]Double Whammy: Heartland Series A Science Startups are Valued Lower…[/vc_custom_heading][vc_custom_heading text_size=”fontsize-174322″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif” sub_lead=”yes” sub_reduced=”yes” el_class=”doughnut-head”]Median Pre-Money Series A Valuation – Healthcare[/vc_custom_heading][vc_single_image media=”621″ media_width_percent=”100″ alignment=”center”][/vc_column_inner][/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ desktop_visibility=”yes” medium_visibility=”yes” shift_y=”0″ z_index=”0″][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/1″][vc_empty_space empty_h=”0″][vc_custom_heading text_size=”h3″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif”]Double Whammy: Heartland Series A Science Startups are Valued Lower…[/vc_custom_heading][vc_custom_heading text_size=”fontsize-174322″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif” sub_lead=”yes” sub_reduced=”yes” el_class=”doughnut-head”]Median Pre-Money Series A Valuation – Healthcare[/vc_custom_heading][vc_single_image media=”671″ media_width_percent=”100″ alignment=”center”][/vc_column_inner][/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ mobile_visibility=”yes” shift_y=”0″ z_index=”0″][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/1″][vc_empty_space empty_h=”2″][vc_custom_heading text_size=”h3″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif”]…And Attract a Lot Less Money[/vc_custom_heading][vc_custom_heading text_size=”fontsize-174322″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif” sub_lead=”yes” sub_reduced=”yes” el_class=”doughnut-head”]Median Capital Invested at Series A – Healthcare[/vc_custom_heading][vc_single_image media=”624″ media_width_percent=”100″ alignment=”center”][/vc_column_inner][/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ desktop_visibility=”yes” medium_visibility=”yes” shift_y=”0″ z_index=”0″][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/1″][vc_empty_space empty_h=”2″][vc_custom_heading text_size=”h3″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif”]…And Attract a Lot Less Money[/vc_custom_heading][vc_custom_heading text_size=”fontsize-174322″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif” sub_lead=”yes” sub_reduced=”yes” el_class=”doughnut-head”]Median Capital Invested at Series A – Healthcare[/vc_custom_heading][vc_single_image media=”673″ media_width_percent=”100″ alignment=”center”][/vc_column_inner][/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ mobile_visibility=”yes” shift_y=”0″ z_index=”0″][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/1″][vc_empty_space empty_h=”1″][vc_column_text]This shouldn’t be true. The schools in the tech hubs are amazing – Harvard and Stanford and Berkeley and MIT are true national assets. But the scale of the heartland research effort means that America has more than that research capacity, again, in the heartland:[/vc_column_text][vc_empty_space empty_h=”1″][vc_custom_heading text_size=”h3″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif”]Heartland Research Universities are Home to at Least 7 Stanfords’ Worth of Great Senior Researchers[/vc_custom_heading][vc_custom_heading text_size=”fontsize-174322″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif” sub_lead=”yes” sub_reduced=”yes” el_class=”doughnut-head”]National Academy of Science Members[/vc_custom_heading][vc_single_image media=”627″ media_width_percent=”100″ alignment=”center”][vc_empty_space empty_h=”2″][vc_column_text]At Research Bridge Partners, we bridge those great researchers in the middle to the resources that they need to drive their innovation into society to create prosperity and sustainability.[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ desktop_visibility=”yes” medium_visibility=”yes” shift_y=”0″ z_index=”0″][vc_column_inner column_width_percent=”100″ gutter_size=”3″ overlay_alpha=”50″ medium_width=”0″ mobile_width=”0″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ width=”1/1″][vc_empty_space empty_h=”3″][vc_column_text]This shouldn’t be true. The schools in the tech hubs are amazing – Harvard and Stanford and Berkeley and MIT are true national assets. But the scale of the heartland research effort means that America has more than that research capacity, again, in the heartland:[/vc_column_text][vc_empty_space empty_h=”1″][vc_custom_heading text_size=”h3″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif”]Heartland Research Universities are Home to at Least 7 Stanfords’ Worth of Great Senior Researchers[/vc_custom_heading][vc_custom_heading text_size=”fontsize-174322″ text_font=”font-330413″ text_weight=”700″ text_color=”color-prif” sub_lead=”yes” sub_reduced=”yes” el_class=”doughnut-head”]National Academy of Science Members[/vc_custom_heading][vc_single_image media=”678″ media_width_percent=”100″ alignment=”center”][vc_empty_space empty_h=”2″][vc_column_text]At Research Bridge Partners, we bridge those great researchers in the middle to the resources that they need to drive their innovation into society to create prosperity and sustainability.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_tab][vc_tab title=”America’s Startup Clusters” tab_id=”1539588085-2-96″ slug=”Startup Clusters”][vc_column_text]Not coincidentally, the nation’s elite commercialization universities sit in the middle of the densest concentrations of entrepreneurial capital and translational talent in the world. For every $1 dollar of research conducted by Bay Area universities, Silicon Valley venture capitalists have $15 dollars available to exploit commercialization opportunities. The situation is similar in New York and Boston, which respectively boast $4 and $5 in VC dry powder for each $1 in university R&D.
It’s a different story in the middle of the country, even though the heartland has some of America’s premier research universities. The University of Michigan has only has $0.20 in VC dry powder per $1 dollar in R&D. Even in Austin, Texas – a strong technology center and home to The University of Texas – there is only $0.70 in VC dry powder available to commercialize each university research dollar spent.
It’s the same story with business talent. Startup clusters like Boston and Silicon Valley have large stables of experienced entrepreneurs and executives readily capable of providing business-side expertise to science-based companies. For example, Partners’ Healthcare Innovation, Harvard Medical School’s hospital group’s commercialization program, employs about 80 people (and a $170 million internal fund) to help commercialize the university’s research. More importantly, those 80 leverage more than 10x that many executives in greater Boston.
These barriers make it difficult, if not impossible, for regions in the middle of the country to reproduce the concentrations of wealth and talent in the nation’s startup clusters. We bridge the universities and innovators and innovations in that “big middle,” to the commercialization capabilities on the coasts.[/vc_column_text][/vc_tab][/vc_tabs][/vc_column][/vc_row]