The Evaluation of the U.S. Small Business Administration’s Regional Cluster Initiative — Year One Report

Date: January 1, 2012
Location: College Park, MD

In September 2010, the U.S. Small Business Administration (SBA) launched the Regional Cluster Initiative, a pilot program to promote and support ten clusters — geographically concentrated groups of interconnected businesses, suppliers, academic institutions, service providers, and associated organizations — across a wide variety of industries and regions throughout the United States. The SBA’s Cluster Initiative provides funding to the organizing entities of the ten clusters in order to increase opportunities for small business participation within the clusters, promote innovation in the industries on which the ten clusters are focused, and enhance regional economic development and growth. This report describes the preliminary findings and outcomes from the first-year evaluation of the SBA’s Initiative. Read More