EDUCATION INNOVATION ECONOMIC DEVELOPMENT
EDUCATION INNOVATION ECONOMIC DEVELOPMENT Missouri Economic Development Finance Association October 13, 2016 Allen D. Kunkel, CEcD Associate Vice President for Economic Development
MISSOURI STATE UNIVERSITY AT A GLANCE Missouri State University is known for its statewide Public Affairs mission – a focus on Community Engagement, Cultural Competence, and Ethical Leadership. • • • • •
Located in Springfield, Missouri Second‐largest university in Missouri 26,000 students – 4 campuses 180+ undergraduate & 50 graduate programs Sponsored research exceeds $22 million
Kansas City St. Louis
Springfield
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DOWNTOWN DEVELOPMENT STABLE GROWTH Phase 1 • Meyer Alumni Center (1989) • Jim D. Morris Center (1990) • Levy Wolf (2000) • Hammons Field (2004) • Park Central Office Building (2007) Phase 2 • Acquisition of MFA Feed Mill from City of Springfield (2005) • Roy Blunt Jordan Valley Innovation Center (JVIC) (2007)
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REDEVELOPMENT CENTER CITY Phase 3 • Launch of IDEA Commons • Purchase of 5 properties from City of Springfield • Purchase of Willow Brook Foods • Lease of buildings in Brick City • Expansion of JVIC Phase 4 – The Future • Expansion of JVIC and The eFactory • Expansion of Cooperative Engineering Program • Redevelopment of owned properties • Opening of Vertical Innovations
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IDEA COMMONS URBAN INNOVATION PARK IDEA Commons Innovation, Design, Entrepreneurship, & Art Target Area ‐ 88 acres in downtown Springfield Anchor Facilities • Jordan Valley Innovation Center (JVIC) • Brick City (Art & Design, PharmD) • Robert W. Plaster Free Enterprise Center (The eFactory, Cooperative Engineering) Acquisition of property from City of Springfield
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IDEA COMMONS URBAN INNOVATION PARK • Develop a sense of place that’s attractive to young talent… scientists, artists, designers, and entrepreneurs • Transform an overlooked area of Springfield into a vibrant urban neighborhood with a unique brand • Repurposed University properties adjacent to residential, retail, commercial, and entertainment facilities • Expand opportunities for business development, commercializing research, and facilitating innovation • Develop University partnerships with entrepreneurs and local business
IDEA COMMONS URBAN INNOVATION PARK
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IDEA COMMONS URBAN INNOVATION PARK
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IDEA COMMONS URBAN INNOVATION PARK
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BUILDING ON SUCCESS JORDAN VALLEY INNOVATION CENTER The Jordan Valley Innovation Center (JVIC) operates under a mission of product development for its corporate partners and interdisciplinary educational experiences for students. Renovation of former MFA Feed Mill 75,000 sq. ft. state‐of‐the‐art research center and technology accelerator Open 2007 – First Phase Second Phase – 2008 Third Phase – 2009 City involvement was critical
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BUILDING ON SUCCESS JORDAN VALLEY INNOVATION CENTER
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THE JVIC MODEL JORDAN VALLEY INNOVATION CENTER • A technology accelerator; not a business incubator • Industry led technologies focused on market demand • Unique position on intellectual property • Focus on core competencies and emphasize technology integration and collaboration • Shared expertise, equipment, and facilities • Strengths include Biomaterials, Nanotechnology, Carbon‐based Electronics, Biological and Chemical Analyses, Biomedical Instrument Development, Advanced Manufacturing, Translational Research
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FUTURE EXPANSION JORDAN VALLEY INNOVATION CENTER
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BRICK CITY FOSTERING CREATVITY Former refrigerated warehouse complex • Four Buildings totaling 110,000 sq. ft. • Building 4 (2008) – MSU Art & Design • Building 3 (2011) – MSU Art & Design and The Marlin Company • Building 1 (2015) ‐ MSU Art & Design and UMKC PharmD Program • Building 5 (2015) ‐ MSU Art & Design • Private developer utilized historic tax credits
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BRICK CITY ART AND DESIGN
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THE NEW FRONT DOOR SUPPORTING ENTREPRENEURSHIP The Robert W. Plaster Free Enterprise Center 120,000 sq. ft. former poultry processing facility. • The eFactory • MSU/Missouri S&T Cooperative Engineering The eFactory is a technology‐focused business incubator and entrepreneurial development center (2013).
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THE NEW FRONT DOOR SUPPORTING ENTREPRENEURSHIP
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The eFactory PROGRAM AND STRUCTURE The mission is to facilitate the successful growth and development of start‐up and emerging businesses and creating higher‐wage jobs. The eFactory grew from 5 tenant clients to 37, growing from 15 client employees to 130 employees, accounting for a 90 percent occupancy. • 2013 Missouri Governor’s Community/Redevelopment Project of the Year • 2014 Trade & Industry Development Magazine Corporate Investment and Community Impact (CiCi) Award • 2015 Springfield Business Journal’s Businesses Advocate of the Year.
FILLING THE GAPS ROUNDING OUT THE ENTREPRENEURIAL ECOSYSTEM The eFactory is dedicated to helping entrepreneurs and businesses in southwest Missouri start, grow and accelerate their companies.
start
grow
ACCELERATE
The eFactory offers a coworking center that provides a community of founders and entrepreneurs, working collaboratively in a fun, productive environment.
Business incubation is how The eFactory started, and its 20,000 sq. ft. of leasable space is home to 30 companies employing more than 130 employees.
A 12-week intensive program to jumpstart startup and emerging companies. Investment is joined by experienced business mentors, professional services and investor cultivation.
VERTICAL INNOVATIONS URBAN AGRICULTURE
VERTICAL INNOVATIONS URBAN AGRICULTURE Vertical Innovations • Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields Voluntary Cleanup Program • Cleanup and testing phase (2016) • Food production (Spring 2017) • Vertical farming through the incorporation of the core principles of aquaculture, both hydroponics and aquaponics.
A COMMUNITY EFFORT PARTNERS AND STAKEHOLDERS Building a robust creative, innovative and entrepreneurial ecosystem means engaging community partners, creating pathways for services, advocacy and expertise. The eFactory is supported by some of the best organizations in the region.
ANY QUESTIONS?
MISSOURI STATE UNIVERSITY AT A GLANCE Missouri State University is known for its statewide Public Affairs mission – a focus on Community Engagement, Cultural Competence, and Ethical Leadership. • • • • •
Located in Springfield, Missouri Second‐largest university in Missouri 26,000 students – 4 campuses 180+ undergraduate & 50 graduate programs Sponsored research exceeds $22 million
Kansas City St. Louis
Springfield
PHOTO CAPTION
DOWNTOWN DEVELOPMENT STABLE GROWTH Phase 1 • Meyer Alumni Center (1989) • Jim D. Morris Center (1990) • Levy Wolf (2000) • Hammons Field (2004) • Park Central Office Building (2007) Phase 2 • Acquisition of MFA Feed Mill from City of Springfield (2005) • Roy Blunt Jordan Valley Innovation Center (JVIC) (2007)
PHOTO CAPTION
REDEVELOPMENT CENTER CITY Phase 3 • Launch of IDEA Commons • Purchase of 5 properties from City of Springfield • Purchase of Willow Brook Foods • Lease of buildings in Brick City • Expansion of JVIC Phase 4 – The Future • Expansion of JVIC and The eFactory • Expansion of Cooperative Engineering Program • Redevelopment of owned properties • Opening of Vertical Innovations
PHOTO CAPTION
IDEA COMMONS URBAN INNOVATION PARK IDEA Commons Innovation, Design, Entrepreneurship, & Art Target Area ‐ 88 acres in downtown Springfield Anchor Facilities • Jordan Valley Innovation Center (JVIC) • Brick City (Art & Design, PharmD) • Robert W. Plaster Free Enterprise Center (The eFactory, Cooperative Engineering) Acquisition of property from City of Springfield
PHOTO CAPTION
IDEA COMMONS URBAN INNOVATION PARK • Develop a sense of place that’s attractive to young talent… scientists, artists, designers, and entrepreneurs • Transform an overlooked area of Springfield into a vibrant urban neighborhood with a unique brand • Repurposed University properties adjacent to residential, retail, commercial, and entertainment facilities • Expand opportunities for business development, commercializing research, and facilitating innovation • Develop University partnerships with entrepreneurs and local business
IDEA COMMONS URBAN INNOVATION PARK
PHOTO CAPTION
IDEA COMMONS URBAN INNOVATION PARK
PHOTO CAPTION
IDEA COMMONS URBAN INNOVATION PARK
PHOTO CAPTION
BUILDING ON SUCCESS JORDAN VALLEY INNOVATION CENTER The Jordan Valley Innovation Center (JVIC) operates under a mission of product development for its corporate partners and interdisciplinary educational experiences for students. Renovation of former MFA Feed Mill 75,000 sq. ft. state‐of‐the‐art research center and technology accelerator Open 2007 – First Phase Second Phase – 2008 Third Phase – 2009 City involvement was critical
PHOTO CAPTION
BUILDING ON SUCCESS JORDAN VALLEY INNOVATION CENTER
PHOTO CAPTION
THE JVIC MODEL JORDAN VALLEY INNOVATION CENTER • A technology accelerator; not a business incubator • Industry led technologies focused on market demand • Unique position on intellectual property • Focus on core competencies and emphasize technology integration and collaboration • Shared expertise, equipment, and facilities • Strengths include Biomaterials, Nanotechnology, Carbon‐based Electronics, Biological and Chemical Analyses, Biomedical Instrument Development, Advanced Manufacturing, Translational Research
PHOTO CAPTION
FUTURE EXPANSION JORDAN VALLEY INNOVATION CENTER
PHOTO CAPTION
BRICK CITY FOSTERING CREATVITY Former refrigerated warehouse complex • Four Buildings totaling 110,000 sq. ft. • Building 4 (2008) – MSU Art & Design • Building 3 (2011) – MSU Art & Design and The Marlin Company • Building 1 (2015) ‐ MSU Art & Design and UMKC PharmD Program • Building 5 (2015) ‐ MSU Art & Design • Private developer utilized historic tax credits
PHOTO CAPTION
BRICK CITY ART AND DESIGN
PHOTO CAPTION
THE NEW FRONT DOOR SUPPORTING ENTREPRENEURSHIP The Robert W. Plaster Free Enterprise Center 120,000 sq. ft. former poultry processing facility. • The eFactory • MSU/Missouri S&T Cooperative Engineering The eFactory is a technology‐focused business incubator and entrepreneurial development center (2013).
PHOTO CAPTION
THE NEW FRONT DOOR SUPPORTING ENTREPRENEURSHIP
PHOTO CAPTION
The eFactory PROGRAM AND STRUCTURE The mission is to facilitate the successful growth and development of start‐up and emerging businesses and creating higher‐wage jobs. The eFactory grew from 5 tenant clients to 37, growing from 15 client employees to 130 employees, accounting for a 90 percent occupancy. • 2013 Missouri Governor’s Community/Redevelopment Project of the Year • 2014 Trade & Industry Development Magazine Corporate Investment and Community Impact (CiCi) Award • 2015 Springfield Business Journal’s Businesses Advocate of the Year.
FILLING THE GAPS ROUNDING OUT THE ENTREPRENEURIAL ECOSYSTEM The eFactory is dedicated to helping entrepreneurs and businesses in southwest Missouri start, grow and accelerate their companies.
start
grow
ACCELERATE
The eFactory offers a coworking center that provides a community of founders and entrepreneurs, working collaboratively in a fun, productive environment.
Business incubation is how The eFactory started, and its 20,000 sq. ft. of leasable space is home to 30 companies employing more than 130 employees.
A 12-week intensive program to jumpstart startup and emerging companies. Investment is joined by experienced business mentors, professional services and investor cultivation.
VERTICAL INNOVATIONS URBAN AGRICULTURE
VERTICAL INNOVATIONS URBAN AGRICULTURE Vertical Innovations • Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields Voluntary Cleanup Program • Cleanup and testing phase (2016) • Food production (Spring 2017) • Vertical farming through the incorporation of the core principles of aquaculture, both hydroponics and aquaponics.
A COMMUNITY EFFORT PARTNERS AND STAKEHOLDERS Building a robust creative, innovative and entrepreneurial ecosystem means engaging community partners, creating pathways for services, advocacy and expertise. The eFactory is supported by some of the best organizations in the region.
ANY QUESTIONS?
