Value of Grants in Inflation-Adjusted (2013) Dollars Per 1,000 Residents
The per capita inflation-adjusted value of SBIR grants increased substantially through 2004 nationally but has been lower since then. The 2013 value was 30 percent lower than the peak. Arizona’s figure generally has been below the national average; the differential in 2013 was 31 percent.
The per capita inflation-adjusted value of STTR grants increased through 2010 nationally but was 36 percent less than that in 2013. Arizona’s figure has varied from lower to higher than the national average since 2003; it was 13 percent lower in 2013.