The Center for Advanced Engineering and Research (CAER) drives the growth and success of the region’s economy through the efforts of an industry-university collaborative science and engineering research organization that assists area companies in creating new products and processes. It accelerates the region’s transition to a knowledge-based economy by bringing university-level research and technology into a region where it was previously lacking. This initiative includes the engagement of research faculty from R&D partners and the research facilities to house the CAER’s activities. These R&D activities are targeted to the unique, high potential technology industry clusters that will drive economic growth in the region over the next 10-20 years, specifically the nuclear energy cluster and the wireless communications cluster. This R&D translates into new product innovations that can either grow existing businesses or spin-off new ones.