UEDA Summit 2013 - Awards of Excellence - Leadership & Collaboration - Economic Development...
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Transcript of UEDA Summit 2013 - Awards of Excellence - Leadership & Collaboration - Economic Development...
University Economic Development Association2013 Awards of Excellence - Leadership and Collaboration
University of Georgia EDLCEconomic Development Leadership CouncilOffice of Economic Development
Malcolm McCoyDirector of Corporate Relations
Enhancing campus wide communication resulting in new economic development initiatives and industry partnerships
Context & Framework
2008 IssuesLack of interdisciplinary communication among economic development entities
Economic condition of local region Lack of manufacturing/biotech and
human health presence Increase in poverty rates
Economic condition of the University Significant decline in state support Extremely limited operating budget
Bigger IssueHow to engage UGA in various areas of economic development to improve the region and state without any $$...?Alignment- Economic Development under the Provost vs. OVPR and PSO
EDLC - Economic Development Leadership Council
Solution = EDLC•Sustainable mechanism to coordinate economic development
• Small Business Development & High-tech business development
• Public Service & Outreach & Corporate Relations• Government Relations & International Partnerships• Engineering & Carl Vinson Institute for Government• Research& Technology commercialization• Selig Center for Economic Growth & Family & Consumer
Sciences
Replicable, Original, Sustainable, Scalable
Originality“Necessity is the mother of invention”Lack of resources & increase in demand required a creative solution
ScalabilityFluid organizationNo desire to expand or create an enterprise
SustainabilityMinimal budgetary impactSupported by senior leadership and central administration
ReplicabilityCoffee shops are everywhere Requires no infrastructure
Value and sustainable change
1. Impact of EDLC on University “Silos”
• 17 Colleges• 100 + Institutes
& Centers• 8 Units in PSO• 4 Campuses
=
• J&J Umbrella of 200 companies
A Campus based
Enhancing campus wide communication
2. Impact of EDLC on Feedback Loops
Tax credits of up to 30 percent create significant cost savings for companies producing feature films, television series, music videos and commercials, as well as interactive games and animation.
Enhancing campus wide communication
3. Impact of the EDLC on Manufacturing & Industry Partnerships
• Addressing corporate needs- MBB
• Establishing new partnerships• Positioning students for career
opportunities
“One of the pillars of the university’s mission is service to the state, and that includes helping foster growth and prosperity.
I am convinced the University of Georgia can play an even greater role in economic development, and these changes signal our intention to do so.”
• Key priority under new administration
• Aligned to OVPR & PSO
• University establishes Atlanta Economic Development Office
• Corporate Connect new focus is Industry Partnerships
• 6 New ED Initiatives since August
• UGA President-elect Morehead announces increased emphasis on economic development
4. Impact of the EDLC on Economic Development
• Small Business Development High-tech business development• Public Service & Outreach Corporate Relations• Government Relations International Partnerships• Engineering Carl Vinson Institute for Government• Research Selig Center for Economic Growth• Family & Consumer Sciences
EDLC A sustainable mechanism to coordinate economic development
Enhancing campus wide communication resulting in new economic development initiatives and industry partnerships