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Economic and communityEconomic and community
development at Virginia Tech:development at Virginia Tech:
Understanding yourUnderstanding your friendlyfriendly
neighborhoodneighborhood land grantland grant
John Provo, Director
Office of Economic Development
May 2014
National Capital
Region
Hampton Roads
Petersburg
Southern Virginia
Southwest Virginia
Lynchburg
Roanoke
Blacksburg
Our core four strategiesOur core four strategies
Relationships with industry
Resilience through diverse strategies
Developing talent
Living laboratories
Knowledge incubation and acceleration
Translational approach to research
Community economic development
Reducing barriers, improving readiness, and growing
opportunities
Working with usWorking with us
We’re looking for reciprocally beneficial
partnerships
We’re typically a service provider not a real
estate solution
Faculty function like an individual business, but
we have intermediaries to help you “sell” to them
John Provo, Ph.D.
Director
Office of Economic Development (0373)
Outreach and International Affairs
Virginia Tech
702 University City Blvd.
Blacksburg, VA 24061
Website: http://www.econdev.vt.edu
Linked In: http://www.linkedin.com/in/johnprovo
Twitter: http://twitter.com/japrovo
Blog: http://www.ee.unirel.vt.edu/index.php/econdevelopment/
Tel: 540-231-4004

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The role of higher education provo

  • 1. Economic and communityEconomic and community development at Virginia Tech:development at Virginia Tech: Understanding yourUnderstanding your friendlyfriendly neighborhoodneighborhood land grantland grant John Provo, Director Office of Economic Development May 2014
  • 2. National Capital Region Hampton Roads Petersburg Southern Virginia Southwest Virginia Lynchburg Roanoke Blacksburg
  • 3.
  • 4. Our core four strategiesOur core four strategies Relationships with industry Resilience through diverse strategies Developing talent Living laboratories Knowledge incubation and acceleration Translational approach to research Community economic development Reducing barriers, improving readiness, and growing opportunities
  • 5.
  • 6.
  • 7. Working with usWorking with us We’re looking for reciprocally beneficial partnerships We’re typically a service provider not a real estate solution Faculty function like an individual business, but we have intermediaries to help you “sell” to them
  • 8. John Provo, Ph.D. Director Office of Economic Development (0373) Outreach and International Affairs Virginia Tech 702 University City Blvd. Blacksburg, VA 24061 Website: http://www.econdev.vt.edu Linked In: http://www.linkedin.com/in/johnprovo Twitter: http://twitter.com/japrovo Blog: http://www.ee.unirel.vt.edu/index.php/econdevelopment/ Tel: 540-231-4004

Editor's Notes

  1. We are in your neighborhood and we are as easy to deal with as we can be, and we are doing economic engagement broadly (ed/ced/wfd)
  2. Extension Outreach (Economic engagement and continuing education) Research partnerships Egs… Discovery, learning, engagement (reciprocal relationships between us and partners)
  3. So that’s a lot of places and partners. Where do I come in? I run a shop of “alignment specialists.” We are a small group, 6 fte, and anywhere form 4-8 grad students. We have diverse backgrounds, business, planning, economics, public administration. We make connections and build partnerships and initiatives, or run projects for companies, communities and agencies of all sizes from all parts of the Commonwealth. Extension service… College and institute AD’s for research and outreach… Special centers e.g. CDAC design, IPG non-profit management, CHPM small manufacturers Bottom line, individual faculty champions needed, intermediaries are there to help
  4. Translated from the academese which is in orange Applies to big an small, local or global
  5. -For example in Region 2000, we’ve been with them since we answered a call back in the Warmer administration about finding seed money for collaborative research projects with energy and wireless firms in the region. (Story: Human capital legacy of Ericsson) Over time and after a series of projects that has grown into the Center for Advanced Engineering and Research which is a multi-million dollar facility and developing unique assets in wireless testing to suppor a 25 firm cluster of firms and early startups to second stage Launch place-VTKW/DRF Purcellville (2 examples) -We also finished a project last year with Volvo Trucks and a number of their supplier firms. This was a $1.7m federally-funded consortium where community leaders, our office, and partner faculty from engineering worked not , but small family firms as well. Our engineering faculty are helped them realize a new product idea. New products, new markets, new jobs.
  6. People, Live work and play Ultimate top-line metric for me, how I help you grow jobs and opportunity in your community
  7. If you takeaway anything hope to have highlighted: -We’re often an answer, although not always the right one for a given question/opportunity…these things go best when there is a clear benefit for the university and the partner (that is as often educational as it is financial) -(Don’t join the free building club) -My job is to connect our assets to your opportunities, especially in ways that can translate into or contribute to the creation of jobs