Catalyst Campus has two goals: to accelerate innovation services directly to the Department of Defense and to increase the economic development of communities. We are so happy to announce that we are hitting both goals! Our 2021 numbers are out, and we have doubled our results from two years ago. We measure impact through four categories – Jobs, Labor Income, Value Added and Total Revenue. From 2019 to 2021: Jobs increased 117%, Labor Income increased 147%, Value Added (contribution to the local economy) increased by 132% and Output increased by almost 100%.
- 2,593 jobs were attributable to Catalyst Campus in 2021
- These jobs generated $220 million in labor income for workers
- The contribution to the local economy was $312 million
- The total revenue generated was $540 million