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. 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. 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. 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. 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. Community – Connected
Campuses Provide a
Knowledge Economy
and
“Hot Spots” for Innovation
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
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. 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. DCED - Office of International Business Development and NEPA
Alsace Aventure - France
C Castle Group - Korea
Altiplano - France
INTEGNOL - Poland
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. 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. Jonathan Weber, Computer Security/ Computer
Science major - First Place
eDentified People Search -$10,000
19.
20.
21. Create an entrepreneurial
environment in Monroe County that
attracts innovative startup companies,
supports job creation, and encourages
research and development.
22. 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
23. Getting Connected - SCALABILITY
• Public and Private Universities
• Large and Small
• Rural and Urban
“A journey of 1000 miles begins with a single step.”
Confucius
24. 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!