News

Metrics Dashboard Shows Research Triangle Region Cleantech Cluster Impact


RESEARCH TRIANGLE REGION, N.C. (June 22, 2015) – Research Triangle Region cleantech jobs, patents, capital investments and venture funding are among the Research Triangle Cleantech Clustereconomic impacts tracked by a new interactive metrics dashboard created for the Research Triangle Cleantech Cluster (RTCC).

“Our member businesses want accountability to ensure the organization is generating economic growth and benefit for the region,” said Lee Anne Nance, RTCC managing director and executive vice president of the Research Triangle Regional Partnership (RTRP), which manages the cluster. “Our new metrics dashboard puts that accountability and impact front and center so we can keep our eyes on the prize.”

The RTCC exists to accelerate the growth of the region’s cleantech cluster. The dashboard’s metrics are designed to track the success of the RTCC’s Program of Work, which focuses on promoting the region’s brand position as a global leader for cleantech, supporting the growth of the region’s cleantech ecosystem and convening cluster industries and partners in ways that promote innovation.

The dashboard, publicly available at www.researchtrianglecleantech.org/our_impact, contains the latest data available on measures RTCC members consider critical: cleantech employment, workforce share, capital investments, patents and venture funding.

Among the metrics the dashboard reports:

  • Regional cleantech companies announced $1.29 billion in recurring investment from July 2009 to June 2014, creating 10,500 jobs.
  • The region posts the largest concentration of cleantech employees compared to peer regions of Atlanta, Austin, Boston, Denver and San Diego.
  • The concentration of regional cleantech workers grew at double the rate of the closest peer region during 2004-2013.
  • Regional innovators generated 26 clean energy patents between 2002 and 2013.
  • Regional cleantech companies attracted more than $89.5 million in venture funding during 2011-2013.

Economic Leadership LLC, an economic development and information curation consultancy, developed the metrics dashboard using proprietary data compiled by the RTCC. The dashboard is a key component of the RTCC’s redesigned website, which aims to connect the region’s cleantech community, provide knowledge and resources that help cluster members innovate and grow, market and brand the region and its companies as global cleantech leaders and attract new cleantech-related business investment.

About the Research Triangle Cleantech Cluster

The Research Triangle Cleantech Cluster is an initiative of business, government, academic and nonprofit leaders working to accelerate the region’s cleantech economy through collaboration and partnerships that promote innovation and sector growth. The Research Triangle Regional Partnership (RTRP) formed and manages the RTCC with funding from industry board members ABB Inc., Cisco Systems, Duke Energy, Field2Base Inc., Itron Inc., Piedmont Natural Gas, Power Analytics Corp., PowerSecure International, RTI International, SAS, Schneider Electric, Sensus and Siemens and its members. RTRP leads economic development for the Research Triangle Region of North Carolina. For more information, visit www.reserachtrianglecleantech.org.

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Contact: Lee Anne Nance, (919) 840-7372