The Innovation Corridor (IC) technology and investment platform is comprised of two of our nation’s preeminent federally funded research labs, the National Renewable Energy Lab (NREL), and the University Corporation for Atmospheric Research/National Center for Atmospheric Research (NCAR), as the founding co-anchor national labs. More about our lab partners here.
Enterprise partner, Fortune 150 Arrow Electronics, is a $27 billion a year global provider of products, services and solutions for users of electronic components and enterprise computing. Arrow leads the world in Smart Cities IoT. In partnership with the Innovation Corridor and the Colorado Smart Cities Alliance, September 2018, Arrow announced its second innovation center outside of Hong Kong, in south metro Denver.
We provide what the market has been demanding; connecting our world-class national labs with private industry and highly sought-after entrepreneurs. We decrease time to market.
The founder’s business partners are the lead owners/developers of the new World Trade Center – Denver complex. When completed in the Fall of 2020, the Innovation Corridor will have prime space in the new complex, a center of international economic activity.
With 318 World Trade Center Association licensees around the world in 88 countries, WTC is the globe’s largest business development enterprise and serves as an “international ecosystem of global connections”. We will provide the following:
- Showcases, Catalogued Tech, Events
- Center for Investment Coordination
- Hub for High-Impact Tech
- Incubators and Accelerators
The Innovation Corridor will be a highly accessible and hyper-connected hub supporting emerging technologies and entrepreneurs, enterprise partners, and governmental entities.
Achieving dominance in emerging technologies is the world’s most important battle for economic power.
Catalyzing Cross-Industry Collaboration
We catalyze cross-industry collaboration regionally, nationally and globally, supporting enterprise and entrepreneurs. The IC fosters the deployment of Advanced Energy, Energy Efficiency, and Emerging Technologies (including, AI/Machine Learning, Autonomous and Connected Vehicles, Smart Cities IoT, and Supercomputing), with the unique talent, facilities, and resources to:
- Test and validate high-impact innovations
- Connect entrepreneurs and scientists
- Attract capital and make investments
- Model complex opportunities at scale
- Deploy novel business plans
- Support the growth of our entrepreneurial ecosystem by mentoring and connecting
- Assist in elevating Colorado and our region to the global stage
The Innovation Corridor is a force multiplier that accelerates high-impact technologies into the marketplace and streamlines the ability of third parties and enterprises to access the one-of-a-kind resources, facilities, research scientists, and staff located only at federally funded research institutions.
Assemble premier national labs into a sophisticated and robust network with other public partners and private industry.
Advocate for our region’s and our nation’s advanced industries.
Attract the capital and corporate partnerships needed to scale high-impact companies and technologies.
Integrate our nation’s best and brightest researchers and entrepreneurs with a robust, innovation-oriented ecosystem.
We can only see a short distance down the road,
but we can see plenty there that needs to be done.
Eric H. Drummond
Founder and CEO
Eric Drummond is an entrepreneur, business development ecosystem builder, former mayor, and was a partner at one of the globe’s largest international law firms, now with 46 offices in 21 countries. Drummond has more than 25 years of business, corporate, and complex administrative law practice, with a focus in emerging technology, advanced energy, telecommunications, climate, and capital formation.
Early in his career in Austin Texas, Drummond was part of the team that formed the then-third largest Public Utility Holding Company with significant post-merger work involving some of the nation’s largest nuclear power generating stations. After President Clinton signed the Telecommunications Act of 1996 into law, Drummond served for over 10 years as one of five regional counsel for the enterprise that would become the largest wireless carrier in the world.
After moving to Colorado in 2004, he served as Chair of his community’s Economic Development Commission and on City Council. In 2007 Drummond was elected Mayor, allowing him to maintain and support earlier economic development initiatives. In 2008, the city was recognized by Fodor’s/Frommer’s Travel Guide as one of the “10 Coolest Small Towns in America”.
In addition, he has represented the U.S. Department of Energy in the nation’s $32.4 billion Section 1705 Loan Guarantee Program. Drummond was appointed to Colorado’s Renewable Energy Development Team by the Governor in 2011. In 2012, he was asked to assist in creating the Energy Fellows Institute (f/k/a the Cleantech Fellows Institute), where he founded the Clean Energy Generation program, ultimately serving as Co-Managing Director.
An advocate for Colorado’s innovation and business community, he was appointed to the Board of Directors of the Colorado Venture Capital Authority by the President of the Senate in 2013 and currently serves as the Chair. In 2014, Drummond was appointed to the 5-member Foundation Board of Directors for the University Corporation for Atmosphere Research (UCAR) in Boulder, Colorado. UCAR manages the National Center for Atmospheric Research (NCAR), the nation’s premier federally funded research lab in weather forecasting, climate, and the earth sciences, on behalf of the National Science Foundation.
Drummond is currently the President of Global Strategy for FORMATIV, the lead owner and developer of the new World Trade Center – Denver, and the Founder and CEO of the Innovation Corridor. Drummond received his Bachelor of Arts in Philosophy (emphasis in Symbolic Logic) from the University of Texas at Austin and his Doctor of Jurisprudence from the University of Texas School of Law.