# Presentation: 519495

## Technology-LedEconomic Development

- Technology-LedEconomic Development

**Jackie Kerby Moore**

## Technology & Economic Development Department

## Sandia Science & Technology Park

**“****A Master-Planned Technology Community”**

- 200+ Acres
- Affiliated with Sandia National Laboratories
- Pedestrian-Oriented, Campus-Style Park
- State-of-the-Art Fiber Optics Network

**Projections:  2,300,000 sf       6,000 Jobs**

## SS&TP Results

| Park Metrics | Results Since Park  Founded in 1998 | 2008 |
| --- | --- | --- |
| Number of Companies | 28 | 3 |
| Number of Employees | 2,118 | 14 |
| Number of Buildings | 18 | 0 |
| Square Feet of Occupied Space | 897,925 | 0 |
| Acreage Developed (out of 240) | 67 | 0 |
| Funds-In and In-Kind Services from Tenants to Sandia (i.e. CRADAs, Licensing Agreements) | $17,591,682 | $204,427 |
| DOE/Sandia In-Kind Services to Tenants (CRADAs) | $2,667,916 | 0 |
| Contracts from Sandia Procurement to Tenants | $285,863,912 | $84,971,082 |
| Contracts between Tenants | $7,745,347 | $706,913 |
| Public and Private Investment in the Park                                                                                                                                                               Public                                                                                   Private                                                                                   Total | 
$67,788,840
$241,957,115
$309,745,955 | 
$1,172,250
$16,940,610
$18,112,860 |

- FY08Q4

## SS&TP Economic Impact Analysis

| Jobs Created |   |
| --- | --- |
| Direct Jobs Created by Entities in the Park | 2,113 |
| Indirect Jobs Created as a Result of the Park | 5,441 |
| Total Jobs Created (Direct Plus Indirect) | 7,554 |
| Increase in Tax Revenue |   |
| Cumulative Impact on Taxable Consumption (Goods and Services) | $794,698,481 |
| Cumulative Impact on Gross Receipts Tax Revenue to the State of New Mexico | $39,734,642 |
| Cumulative Impact on Gross Receipts Tax Revenue to City of Albuquerque | $5,175,256 |
| Increase in Wages |   |
| Cumulative Increase in Wage and Salary Disbursements Attributable to Park Activities | $1,456,085,248 |
| Increase in Revenue to State of New Mexico as a Result of Personal Income Tax 
( 5% Rate) | $72,804,262 |
| Salary Comparison |   |
| Average Salary for Each Full-Time Job in the Park | $70,448 |
| Average Salary for each Full-Time Private Company Job in the Park | $67,542 |
| Average Salary for Each Full-Time Job in Albuquerque | $37,284 |

**12/31/07**

## New Mexico Small Business Assistance Program

**New Mexico ****Small Business Assistance Program**

**Sandia National Laboratories assists small businesses in NM by providing technical and business assistances in exchange for**
**gross receipts tax credits**

**Governed by the Laboratory Partnership with Small Business Tax Credit Act (a New Mexico State Law)**
**Joint Program between SNL and LANL**
**Allows up to $2.4M per lab per year in assistances and tax credits**
**Must be a New Mexico for-profit small business to qualify**
**Companies in rural counties are eligible for $20K per business each year**
**Companies in urban counties are eligible for $10K per business each year**

## NMSBA Joint Program Results

|   | 2000-2007
 | 2008
(estimated) |
| --- | --- | --- |
| Number of Assistances to Small Businesses | 2152 | 277 |
| Number of Companies Assisted | 1274  | 273  |
| Number of Counties Supported 
    (out of 33 counties) | 32  | 25 |
| Dollar Value of Assistances to Companies |   $13.1M | $3.3M |

## NMSBA Economic Impact Results

|   | 2001-2007
 | 2007
 |
| --- | --- | --- |
| Jobs Created/Retained | 568 | 73 |
| Average Annual Salary | $39,610  | $44,885  |
| Increase in Revenue | $12,572,700  | $603,000 |
| Decrease in Operating Costs | $7,561,900  | $610,000  |
| Investment in NM Goods/Services | $5,750,870  | $288,000  |

## Entrepreneurial Separation to Transfer Technology (ESTT)

- Entrepreneurial Separation to Transfer Technology (ESTT)

**Entrepreneurs terminate Sandia employment**
**Term of separation is two years with the option to request a third year**
**Entrepreneurs are guaranteed reinstatement by Sandia if they return before ESTT expiration**
**Participants may **_**start up**_** or help **_**expand**_** technology businesses**

## ESTT Program Results

**Separations by Calendar Year (138 Total)**

## ESTT Program Results

**ESTT Program Results**

**ESTT Employment Status (138 Separated Since 1994)**

## Synergy with SS&TP/NMSBA/ESTT

**MODE/EMCORE **** **
-  Sandian Tom Brennan formed MODE in 1996 through ESTT
- Sandian’s Richard Carson and Kevin Lear joined in 1997
- EMCORE purchased MODE in 1997
- Sandian Hong Hou joined in 1998
-  Located in the SS&TP in 1998
-  Further expanded in the Park in 2001, 2006, 2008
-  Received assistance from NMSBA** **in 2002
**TEAM Technologies**
-  Sandian Daniel Mulder joined Team Specialty Products in 1998 through ESTT
- Instrumental in expansion of company
-  Located in the SS&TP** **in 2000
-  Received assistance from NMSBA** **in 2001, 2002, 2003, 2004, 2005, 2006
**Ktech and Ktech/PolyFlow Engineering **
-  Sandian Mike Wilson joined Ktech in 2000 through ESTT
-  Located in the SS&TP in 2003
-  Ktech/Polyflow Engineering located in** **SS&TP in 2006
-  Received assistances from NMSBA in 2001, 2002, 2003, 2004, 2005

## Jackie Kerby Moore, Manager 

**Jackie Kerby Moore, Manager **
**Technology and Economic Development Department**
**Sandia National Laboratories**
**Phone: (505) 845-8107**
**Email: **_**[jskerby@sandia.gov](mailto:jskerby@sandia.gov)**_