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| C1: ATP's
Investment Return to the Nation |
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An
Overall Look at Our Completed Projects* ATP
Delivers a High Return to the Nation
- The projected economic
impact of a handful of early ATP projects would pay for every ATP project
funded since 1990.
- New prosthesis
technology for repairing damaged knee ligaments is expected to deliver
$15B in net benefits, attributable to ATP, measured using a "quality-adjusted-life-years"
index for patients receiving this treatment (Tissue Engineering).
- New biocompatible
polymers for cartilage repair deliver $98M in estimated benefits, attributable
to ATP, for avoidance of second surgeries to remove implants, such as
pins and screws (Integra
LifeSciences).
- New stem cell replication
technology is estimated to produce $47M in cost savings alone, attributable
to ATP, by providing bone marrow transplants (Aastrom
Biosciences).
Some Basic Stats
for First Fifty Completed Projects
- Forty-two single
company projects of which thirty-one are small businesses; eight joint
venture projects, of which four are led by small businesses.
- Average total
cost per project is $4.2M (ATP + industry).
- Three year median
project length.
- A range of technologies:
- Electronics/computer
hardware/
communications: 38%
- Manufacturing:
22%
- Biotechnology:
14%
- Advanced materials/chemicals:
14%
- Information
technology: 12%
ATP Promotes
Collaboration
- Almost 85 percent
of ATP projects are engaged in collaborative arrangements, with other
companies, universities, federal laboratories, and non-profit institutions.
ATP Funds Challenging
and Important Technologies
- Participants in
one out of five projects received technical achievement awards from
Industry Week magazine, Discovery magazine, R&D
magazine, Computerworld magazine, and others.
ATP Generates
New Knowledge
- Half of ATP projects
file for patents.
- Two out of five
projects are granted patents.
- Of those projects
receiving patents, they receive two or more patents each.
ATP Disseminates
New Knowledge and Information
- Participants in
more than half of the projects published and presented papers in technical
and professional journals.
- More than 60% placed
commercial products or processes in the marketplace, providing others
with opportunity to collect information on the new technologies.
ATP Provides
National Benefits
- New products and
processes:
- Four out
of five ATP projects have brought, or are soon bringing, one
or more new products or processes into the marketplace.
- Eighty
new products or processes are in the marketplace or expected soon.
- New advanced capabilities
help small companies grow.
- Three out
of five small, single applicant companies have at least doubled
in size.
- Thirteen
percent have grown more than 1,000%.
- Vitesse
and Cree
were included in Fortune's "Fastest Growing 100 Companies."
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* Statistics in this factsheet are for the first 50 ATP-funded
projects that have been completed.
Date created: September
14, 2001
Last updated:
June 23, 2003
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