What economic benefits does ASL bring to Spokane and the region?
ASL, like any startup venture, will initially expend significant funds for equipment and facilities. The costs of personnel salaries and benefits plus operations will grow in time and eventually become the major expenditure. Approximately 6-8 people will be employed for each $1 million in research expenditures. Economists project that for every research-funded-hire, another 2.15 jobs are created indirectly. That is, for every $1 million expended, 20-25 jobs will be created in the Spokane community. Research grant and contract awards for ASL in Spokane are expected to grow to $3-$5 million per year. This will equate to approximately 60-100 well-paying positions. In addition to the direct support of new positions, ASL will serve Spokanes technology based companies through availability of research infrastructure and, more importantly, through jointly funded, cooperative research and development contracts coming from sponsors outside the region. These partnerships will directly benefit Spo