This review of the first group of completed projects suggests that billions of dollars are likely to flow into the U.S. economy, greatly exceeding the ATP's investment. Thus, the ATP appears to be on track in fulfilling its mission to stimulate economic growth by helping American companies and their research partners overcome significant technical challenges to produce economically valuable new technologies.

This report--which is just one element of ATP's evaluation program provides an assessment of the status of these projects. The report also includes:

• a snapshot of each of the 38 completed projects; and
• a general analysis of the 38 projects as a group, touching on several technology and commercialization issues by looking at several across-the-board issues.

It is important to note that this set of completed projects consitutes only a portion of ATP's portfolio, and that it is not a representative sample but simply the first group to be completed at the time the report was initiated. Because the technology development efforts are for the most part still works in progress, this report is not expected to be the last word on their accomplishments. It remains the task of future studies to provide a more comprehensive assessment of their long-run impacts.