In 1997, the Battelle Memorial Institute, Ohio's largest research center, based in Columbus, managed a single lab for the U.S. Department of Energy with an annual budget of $1 billion. A decade later, Battelle oversees seven major laboratories for different federal agencies; budget: $4 billion in research funds annually. The institute has become a force in almost every area of emerging technology, especially life sciences and energy research. One of its children, Velocys, is working on a way to cut the cost of capturing the 3 trillion cubic feet of the world's stranded natural gas by converting it into easily transportable liquid.
Forbes names Columbus the #1 upcoming tech city.