Current Situation
In 2017/2018, the number of research and development (R&D) partnerships was 1,093. This was less than the number reported for the previous year, but still higher than the baseline of about 1,000 partnerships. At the current pace of progress, it is unlikely that the goal of 2,000 partnerships per year by 2024 will be met.
Year | Number of Partnerships | Baseline | Target |
---|---|---|---|
2013-2014 | 1045 | 1000 | 2000 |
2014-2015 | 1192 | 1000 | 2000 |
2015-2016 | 1172 | 1000 | 2000 |
2016-2017 | 1221 | 1000 | 2000 |
2017-2018 | 1093 | 1000 | 2000 |
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What This Means
The number of R&D partnerships is measured by Springboard Atlantic as Industry Engagement Activities, which tracks awarded funding with industry partners to develop commercial, institutional or joint industry partnership, or solutions.