R&D magnets

R&D magnets are research-intensive organizations, which can be an integral part of an anchor institution or a separate entity. Their core mission is to advance translational R&D at a scale that impacts the district’s innovation ecosystem. This includes corporate centers of excellence, denoting areas of research specialization and translation. R&D magnets advance innovation ecosystems as they possess the talent, technologies and ground-breaking processes that are magnetic to corporates and start-ups.