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Access to an Innovative Ecosystem <br />Companies in the Tri -Valley benefit <br />from an experienced entrepreneurial <br />community with a history of developing <br />World -changing technologies anchored <br />by two National Laboratories, <br />The Tri -Valley is home to two world-class <br />National Research Laboratories - Lawrence <br />Livermore National Laboratory (LLNL) and <br />Sandia Laboratory, collectively known <br />as "the Labs." The Labs attract a highly <br />educated demographic to the region and <br />provide an economic benefit as well. Studies <br />by IMPLAN (Impact Analysis for Planning) <br />estimate that every $1 million in scientific <br />R&D investment yields nearly $1.9 million in <br />economic output, $85o,000 in labor income <br />and lo full-time equivalent jobs.�3 With an <br />annual budget of $3 billion and over 8,000 <br />employees, the Labs' regional presence <br />is of enormous value to the Tri -Valley. <br />The Labs have made a dramatic transition from <br />"closed doors" to actively pursuing commercial <br />partnerships and technology transfers. <br />Companies from all over the world now <br />partner with LLNL to apply high performance <br />computing to business problems to obtain <br />insight, improve products and increase the <br />effectiveness of operational processes. <br />LLNL and Sandia have collaborated on a <br />number of initiatives to encourage technology <br />transfer and entrepreneurial innovation. The <br />jointly -run Livermore Valley Open Campus <br />(LVOC) is a research and development area <br />encouraging collaboration between the <br />Labs, large companies and startups. <br />LLNL and Sandia co-sponsor both the National <br />Laboratory Entrepreneur Academy (N LEA) <br />and a program called LabCorps to give <br />innovators and entrepreneurs a boot -camp like <br />experience in transferring ideas into application <br />culminating with presentations to investors. <br />With an annual <br />budget of $3 billion <br />and over 8,000 <br />employees, the Labs' <br />regional presence is <br />of enormous value to <br />the Tri -Valley. <br />Lawrence Livermore <br />National Laboratory <br />• 2018 Economic Contribution <br />from Licenses: $176 million <br />• License Income: $5.1 million <br />Annual Budget: $2.1 billion <br />• Number of employees: 6800, 1300 <br />phds, 2700 scientists engineers <br />• $88.7 million in procurement <br />awards to companies in Contra <br />Costa and Alameda counties <br />• 106 companies with active <br />commercial licenses <br />• Over $1.4 billion of products with <br />"LLNL Inside" sold in the past 5 years <br />35 <br />• 1428 employees <br />• 595 commercial licenses <br />• Annual Budget: $720 million <br />• Advanced Degrees: 84% of employees <br />10 <br />