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Vermont

Innovation Scorecard

Total Patents

6,133

National Rank

#37

Top Category

Electronics & Semiconductors

YoY Growth

-10.1%

Population

646,910

Patents / $B GDP

133

Patents / 100K Pop

948

Innovation DNA

Patent activity distribution across technology categories

Innovation Ecosystem

Economic and research indicators that shape Vermont's innovation landscape.

State GDP

$46B

Median Income

$81,211

Unemployment

2.6%

Bachelor's+

43.7%

Per Capita Income

$70,086

Fed. Spending

$2.8B

NIH Grants

133

NSF Awards

36

SBIR/STTR

571

~$215M awarded

Biz Formation

210/mo

STEM Workers

6.9%

23,945 employed

Sources: FRED, Census ACS, USAspending.gov, NIH RePORTER, NSF, SBIR.gov

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Patent Activity by Year

712
2016
749
2017
662
2018
695
2019
668
2020
555
2021
495
2022
633
2023
569
2024
395
2025

Top Patent Holders

RankOrganizationPatents
1International Business Machines Corporation 1,636
2GlobalFoundries Inc. 605
3BETA AIR LLC 423
4GLOBALFOUNDRIES U.S. Inc. 308
5Simmonds Precision Products, Inc. 123
6AdrenalineIP 103
7University of Vermont and State Agricultural College 79
8CALIFORNIA INSTITUTE OF TECHNOLOGY 76
9TRUSTEES OF DARTMOUTH COLLEGE 72
10Oracle International Corporation 62

Technology Categories

Universities in Vermont