Innovation Based Economic Development

Innovation-Based Economic Development (IBED) encompasses five core elements: increasing research capacity, commercializing research, fostering entrepreneurship, increasing access to capital, and building a technically skilled workforce. Innovation Based Economic Development innovation ecosystem Vision Enhance Nevada’s national and global competitiveness in a knowledge-driven economy through fostering regional entrepreneurial-driven innovation systems. Attracting and growing technology-based companies in our state. Mission GOED’s IBED is the state’s lead entity for supporting the translation of basic research into useful market-based applications at Nevada’s universities, growing entrepreneurial and startup development, attracting and providing risk capital to startups and early-stage high-growth companies, while developing innovative solutions for the recruitment of a workforce into high demand occupations within Nevada’s key industry sectors. “Creating A Culture of Innovation in Nevada” Strategic programs Use-Inspired Research The Knowledge Fund advances Innovation-Based Economic Development by accelerating tech readiness levels, building research capacity, and supporting university startups and deep-tech companies. Knowledge Fund Small Business Funding SSBCI is improving access to capital for Nevada’s small businesses and startups by unlocking private loans and investments as well as providing technical assistance to help them grow and succeed SSBCI PROGRAM Innovation Workforce GOED pioneered the ICM™ methodology to drive labor market literacy and guiding job seekers to make informed career and training decisions in the age of automation and AI ICM PROGRAM Office Of Entrepreneurship Launched in 2023 as the first office of its kind with the mandate to elevate entrepreneurial opportunities and to reduce barriers for Nevada businesses less than 5-years old ENTREPRENEURSHIP OFFICE Press/Media Events Multimedia Annual Reports IBED Blogs Electrify Nevada Accelerator Powered by gener8tor Launches to Drive Clean Energy Innovation New program offers support and mentorship to energy technology startups in Nevada. 11/21/24 Read more GOED Knowledge Fund project will connect technology companies statewide to Small Business Innovation Research grants 11/12/20 Read more GOED SUPPORTED PROJECT AMONG NSF INNOVATION ENGINE AWARDEES UNIVERSITY OF NEVADA, RENO WINS HIGHLY COMPETITIVE NSF TYPE-1 ENGINE GRANT 05/11/23 Read more GOED career mapping innovation shines in Central Europe thanks to strategic partnership with local Aspen Institute 04/17/25 Read more Knowledge Fund supports CoLab Esports Innovation Lab Project 08/26/20 Read more $21 Million coming to Nevada’s ‘lithium loop’ tech hub Phares says he realized the potential of this area several years ago and relocated his company here, and it was inside his warehouse, where Senator Jacky Rosen made Tuesday’s big announcement 06/19/25 Read more Knowledge Fund Initiative Affiliated Company Awarded $58 Million 10/19/22 Read more Knowledge Fund supported DRI-spinout TuBiomics securing additional financing 08/24/23 Read more DRI’s WaterStart program GOED Knowledge Fund success story 06/30/20 Read more GOED Knowledge Fund project at University of Nevada, Reno key to three company expansions and job creation 07/29/20 Read more Tu Biomics, Agriculture Biotechnology Company spins out of DRI – $350,000 GOED Knowledge Fund project helped lead to creation of company 06/25/20 Read more Tubiomics Emerges As A GOED Knowledge Fund Success Story Nevada Based Company Makes Biotech Solutions Top 10 List 01/08/24 Read more GOED AND EDAWN PROMOTE STATEWIDE ENTREPRENEURIAL EFFORT Unification Of Entrepreneurship Efforts, Knowledge Fund Expansion, And Streamlining Tech Transfer 04/27/23 Read more 2025 Events No events found. The Latest Annual Reports Knowledge Fund Annual Report – 2024 11/02/24 Read more DRI – SEMI-ANNUAL REPORT – FALL 2022 10/04/22 Read more