Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40Technology Transfer The Technology-Based Economic Development (TBED) program is providing value by proactively impacting Idaho and the surrounding regional economy, igniting innovation, and strengthening regional workforce and partnerships. Driving Economic Impact across the Region INL is one of the largest employers in Idaho and therefore provides a significant economic impact on the state’s economy. During FY 2015, INL employed more than 3,700 people, making it the state’s fifth largest private employer and the state’s tenth largest employer when compared to all public and private businesses. The economic impact identified in the study only included INL operations managed by BEA and thus, is R&D focused. The study did not include the impact of other DOE contractors, the DOE itself or the Naval Reactors Facility. Combining INL operations with additional indirect and induced impacts, the laboratory adds nearly $1.6 billion to the state’s Technology-Based Economic Development Highlights total economic output and almost 9,300 positions to the Idaho job market. Other important impacts include the following: • INL ’s total output impact increased by $170 million from FY 2014 to FY 2015 – a 12% increase. • INL increased personal income in the state by nearly $703 million. • Average base salary of an INL employee is $88,635 annually. • INL subcontracted nearly $130 million to Idaho subcontractors. • BEA’s corporate office contributed $622,500 to charitable giving. • INL directly employed 3,771 workers in Idaho. • Secondary effects in Idaho accounted for an additional 5,522 jobs for a total of 9,293 jobs. • INL accounted for nearly 2.5% of statewide economic output – up from 2.3% in FY 2014. 30