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UEDA Summit 2012: Awards of Excellence - East Stroudsburg University Innovation Center (East Stroudsburg University of Pennsylvania)

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UEDA Summit 2012: Awards of Excellence - East Stroudsburg University Innovation Center (East Stroudsburg University of Pennsylvania)

  1. 1. Community-Connected Campus
  2. 2. Pennsylvania
  3. 3. ESU Innovation Center $11.25 Million, 51,000 sq. ft. facility Grand Opening - May 4, 2012
  4. 4. 1836 - One of the fastest growing counties in PA Population - 169,842 History of tourism 25,000 commute daily to NY/NJ Unemployment: 10% PA unemployment: 8.1% Per capita income: $31,252 PA per capita income: $42,291
  5. 5. Attract new enterprises that create jobs with good pay, contribute to the tax base, and balance the burden for financing public facilities and services, especially schools. Diversify the County’s economy and support and upgrade tourism and other existing industries. Pursue, as a priority, the retention and expansion of existing Monroe County businesses. Develop required infrastructure to support economic development.
  6. 6. East Stroudsburg University of PA - 1893 Record enrollment 7,500 Ninth largest employer in Monroe Economic Impact $109.9M annually Competitive Academic Programs Global Partnerships R&D Opportunities Entrepreneurship
  7. 7. Gov. Thomas Corbett • Visit to Silicon Valley “It is critical for our start-ups and entrepreneurs to have the resources needed to develop ideas into production, job creation and ultimately a successful and growing business,” said Corbett. “New business growth equals jobs for our citizens. ”
  8. 8. President Barack Obama • “State of the Union” Address “ We need to out-innovate, out-educate, and out-build the rest of the world….America will once again have the highest proportion of college graduates in the world.”
  9. 9. Community – Connected Campuses Provide a Knowledge Economy and “Hot Spots” for Innovation
  10. 10. Community Partners
  11. 11. FUNDING PARTNERS PA Department of Community & Economic Development Economic Development Administration Appalachian Regional Commission Gaming Funds - Local Share Account - Monroe County U.S. Department of Education Pennsylvania State System of Higher Education
  12. 12. Community-Connected Partnerships Resulted in $10M in funding
  13. 13. ESU Innovation Center Research and Economic Development Entrepreneurial Leadership Center Northeast Wildlife DNA Laboratory Wet Labs Computer Training Labs Conference Facilities Faculty Research Offices Sterling Strauser Gallery
  14. 14. ESU Innovation Center Attract and grow companies Collaborate with faculty and students Cultivate business networking opportunities Develop entrepreneurs Encourage capital investments Create life sustaining jobs
  15. 15. DCED - Office of International Business Development and NEPA Alsace Aventure - France C Castle Group - Korea Altiplano - France INTEGNOL - Poland
  16. 16. Business Accelerator • Created 118 jobs; retained 143; • 16 high tech companies • Placed over 160 students in externship/internships • 17 technologies commercialized • Student and faculty-owned companies • Technology Transfer and Commercialization
  17. 17. LYME-Aid represents the FIRST commercialized faculty and student research in the 119 year history of ESU and almost 30 year history of the Pennsylvania State System of Higher Education
  18. 18. Jonathan Weber, Computer Security/ Computer Science major - First Place eDentified People Search -$10,000
  19. 19. Create an entrepreneurial environment in Monroe County that attracts innovative startup companies, supports job creation, and encourages research and development.
  20. 20. Getting Connected - REPLICABILITY • Know your Community, State and National agenda • Have a plan… strategic, feasibility study, etc. • Identify Leader(s) • Identify, Cultivate & Maintain Partnerships • Leverage Funds: public, private, in-kind, cash • GET STARTED “duct tape and chicken wire” • X-FACTOR Create Momentum, excitement
  21. 21. Getting Connected - SCALABILITY • Public and Private Universities • Large and Small • Rural and Urban “A journey of 1000 miles begins with a single step.” Confucius
  22. 22. Getting Connected SUSTAINABILITY • Create the CULTURE- Community Connected Campus – one person at a time… • LEVERAGE Successes – Tell your story • Seize OPPORTUNITIES • Re-think what we do • NEVER, NEVER, NEVER Give up!
  23. 23. University Economic Development Association Community-Connected Campus QUESTIONS?

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