A New STATE OF BUSINESS Centers of Excellence Program The Vision A New STATE OF BUSINESS Presenter:...

A New STATE OF BUSINESS

Centers of Excellence Program

The Vision


Presenter: Linda Butts

Sr. Advisor to the CommissionerND Department of Commerce

Goal: To increase wealth for North Dakota people.

How do we do that? Good paying jobs through innovative processes and outcomes.

Governor Hoeven is committed to measuring success of state e.d efforts not just by counting jobs but by measuring people’s wealth/wages/income.


What’s the point of state economic development efforts?

Globalization is forcing us and everyone around the world to find new competitive niches in rapidly changing markets.

Presents opportunities those who are nimble, like ND


Today’s Competitive Landscape

20th Century Model- Recruit

21st Century Model- Stoking innovation and fostering entrepreneurs that exploit the regions assets.

• The capacity to innovate and to grow entrepreneurs increasingly separates regions that can keep pace from those that can not.

• Regional strategies are increasingly being shaped by regions assets like scholarly research.


Economic Development Strategies are changing

– If innovation is the “fuel” for reinventing our economy, higher education is a primary source for the fuel.

– Many states are developing new incentives to unleash the enormous resources housed within higher education.

– Centers of Excellence: ND’s answer to stimulating innovation and regional economic growth.


Stoking Innovation

What is a Center of Excellence (COE) for Economic Development?A hub of research and development around which related businesses expand and dynamic new businesses cluster.

Vision: Centers of Excellence will help stimulate innovation in North Dakota’s

target industries and create new industry niches.


Centers of Excellence Program

Overall Concept

A Vision essential to North Dakota’s future:– Connects potential of colleges and

universities across the state with private industry to generate higher paying, skilled jobs, and career opportunities for the future.

– Will create and attract new businesses, and foster the expansion of existing businesses.

– Create centers that nurture our best and brightest minds to commercialize ideas into products, skills, and services.


11 Centers Approved for Funds

• North Dakota’s research institutions are a unique asset we must maximize for growth.

• Legislature has provided for $50 million that will

be leveraged to generate at least $150 million in total funding resources. $20 million during the 2005-07 biennium and legislative intent for $30 million in future biennia.

• Eleven Centers of Excellence across the state have been approved for funding.


Centers of Excellence Projects:

1. Bismarck State College – National Energy Center of Excellence

2. NDSU – Center for Advanced Electronics Design and Manufacturing

3. UND Energy and Environmental Research Center – National Center for Hydrogen Technology

4. Lake Region State College – Dakota Center for Technology Optimized Research

5. North Dakota State University – Center for Agbiotechnology: Oilseed Development

6. North Dakota State University – Center in Surface Protection


Centers of Excellence Projects

7. University of North Dakota Research Foundation – Center of Excellence in Life Sciences and Advanced Technologies

8. University of North Dakota – Center of Excellence for UAV and Simulation Applications

9. Valley City State University - Institute for Customized Business Solutions

10. Williston State College - Petroleum Safety and Technology Center

11. Dickinson State University – Center for Entrepreneurship and Rural Revitalization – Institute for Technology and Business


Bottom Line: Grow Jobs, Increase Wealth

The 11 approved Centers of Excellence

Projects project the creation

of nearly 5,000 new jobs by 2010.


Examples

NDSU Advanced Electronics Design and Mnfg. • AmeriPride increase of $3.6 million in product sales & 15

new high tech jobs plus 25 additional production jobs• Clinical Supplies Management increase of up to $1 million

in sales & 7 to 10 new jobs • Pedigree Technologies potential for an additional $25-50

million in sales realized within 5-7 years with possible 400 new jobs.

BSC National Energy Center of Excellence• 3350 new construction jobs and 973 new technician jobs

will be created as a result of new plants being constructed.


Monitoring the Program

• Department of Commerce set up a 10-year review program that calls for annual functional reviews of each center based on 12 specific criteria.

• The goal is for Commerce to work with the Universities to measure success and ensure the transparency that is necessary for ongoing legislative support.


Key Issues for Legislative Support

• 2-1 match of private to public dollars• In-kind support: Is it legitimate?• Sustainability of project: Can the facilities ultimately

support themselves without public dollars?• Creating private sector jobs• Measurable benefits to the community and economy• Was the project possible without state COE funding?• Tracking- is there accountability in the existing grants


Growing ND from WithinOur growth will come from cultivating the resources

we have:• Technology Based businesses and Advanced

Manufacturing: helping existing companies grow and remain competitive

• Energy and Agriculture – unique time in ND history where the “marriage” of two of our most abundant assets have global significance

• Tourism, state’s 2nd largest industry: Legendary campaign emphasizing historical attractions, badlands, outdoors, cities/cultural attractions

• Research Institutions – Centers of Excellence


R&D is Vital

Your work is vital!

Commerce looks forward to working closely with you to help build partnerships between you and private sector business people who need your research capacity

Ultimately, it’s a win-win for everyone, and it’s what ND needs to ensure a bright future!


A New STATE OF BUSINESS Centers of Excellence Program The Vision A New STATE OF BUSINESS Presenter:...

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