UEDA Summit 2013 - Awards of Excellence - Leadership & Collaboration - Virginia’s University Based Economic Development Officers
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UEDA Summit 2013 - Awards of Excellence - Leadership & Collaboration - Virginia’s University Based Economic Development Officers

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Virginia is recognized for a rich array of higher education resources. This system of autonomous public and private institutions impacts economic development through the work of Virginia’s ...

Virginia is recognized for a rich array of higher education resources. This system of autonomous public and private institutions impacts economic development through the work of Virginia’s University Based Economic Development officers (UBED).
UBED meeting participants include state supported 4-year degree granting instititutions, economic development agencies, community colleges, private non-profit institutions, and industry. These meetings provide a forum for sharing best practices across higher education institutions and exposing agencies and industry to the assets found in Virginia’s universities. UBED is also professionalizing the practice of university-based economic development in the state.
In 2012 UBED’s role became more formalized through a memorandum of understanding (MOU) signed by the CEO of the Virginia Economic Development Partnership (VEDP), the Chair of the State Council of Higher Education for Virginia, the Chancellor of the Virginia Community College System, and the presidents of Virginia’s 15 public four-year degree-granting institutions. This MOU affirms that the parties will intentionally leverage the capabilities of Virginia’s institutions of higher education for economic development outcomes. UBED and the staff of VEDP were designated to operationalize this MOU, which we believe is one-of-a-kind in the United States. Virginia is now home to several university-industry collaborations spanning multiple schools and involving major industry partners in areas including advanced manufacturing, environmental design, life sciences, logistics and nuclear engineering.
Under the MOU, UBED and VEDP are currently exploring opportunities for international campus locations and international business development offices and alumni networks and gubernatorial trade missions to generate new leads for economic developers and new private sector resources for universities.

Read the Case Study: http://universityeda.org/value-to-members/best-practice-sharing/awards-of-excellence/awards-of-excellence-2013-finalists/virginias-university-based-economic-development-officers/

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  • 1. Describe the need/problem that the project/initiative addressed, who identified the need or problem, and how your organization became involved.The University-Based Economic Development team in Virginia was launched in the mid-2000s as an initiative of the director of economic development for Virginia Tech, Ted Settle, who recognized that a better linkage among Virginia’s autonomous universities could lead to stronger economic development outcomes. Because each university in Virginia had an identified economic development liaison, Settle was able to reach out to this group and through regular meetings, began to build an alliance and knowledge network that found common ground in their work, even though each representative was organizationally housed in differing functions within their own institutions.The challenge in Virginia that confronted the economic development organizations – state, regional and local – in the mid-2000s was the absence of a portal into higher education resources. And without such a portal, Virginia’s economic development program was missing a key link – that of bringing to bear the capabilities of higher education resources to economic development prospects.In an effort to address this issue, the UBED team early on asked for representation from the Virginia Economic Development Partnership to serve on the team. Through this systematic interaction, trust was built and knowledge shared in such a way that the economic development efforts began to more effectively utilize higher education resources, both in marketing and in work with specific business prospects.
  • Every part of the state represented, main campuses on the map and well all deploy around the state through a variety ways, including several unique partnerships such as…..
  • 1) We all had someone doing some of this, e.g. business incubation, continuing education, extension and outreach, research administration2) Almost 10 year ago we started talking, making connections and building collaborations 3)Greater exposure to higher eds diversity among economic development agencies (VEDP, DBA, regional groups, etc) as well as relationships with VCCS, SCHEV
  • There is a realization that economic development can contribute to higher education’s missions of teaching, research, and service….corporate partnerships support or researchers, help train (eventually hire) our students, and collaborative investments help us grow. Forgive me a couple of handy vt examples CrcVtcsomrc2. Describe the originality, scalability/replicability, and sustainability of the project/initiative.o Describe what your organization did that was innovative or unique.o Describe the benefits/impacts realized and/or anticipated from this project/initiative.
  • All that work helps new and existing companies grow in Virginia, startup businesses bring new technology to market, improvingqol in our communitiesSampling of some corp partners benefiting from R&D pships and talent pipelines 3. Describe the assistance provided by your organization and the extent of your organization’s role relative to other resources or providers that were involved.
  • RFI for specific companies or strengthening existing collaborations physical like CAER, CCAM, CCALS, virtual VBHRC life sciences corp, new proposals like NAED, MIIA
  • Collaboration & Leadershipo What impact did this collaborative effort have on the impacted region?o Describe the university’s leadership role.

UEDA Summit 2013 - Awards of Excellence - Leadership & Collaboration - Virginia’s University Based Economic Development Officers UEDA Summit 2013 - Awards of Excellence - Leadership & Collaboration - Virginia’s University Based Economic Development Officers Presentation Transcript

  • Virginia’s University Based Economic Development Officers A diverse partnership delivering unique results
  • • Intro oed
  • How did we get here? • We all had someone working with companies, communities, and agencies • We knew we could improve our game by connecting • We started meeting together, building partnerships and collaborations View slide
  • What’s in it for us? View slide
  • What’s our process • Formalized in the new MOU • Regional “road show,” networking and best practices • Quarterly meetings around the state involved member schools, statewide affiliates, regional allies • Forum for floating opportunities
  • Conclusions