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Todd Hardy 
Senior Economic Development Advisor, 
Arizona State University
Barry Broome 
President and CEO, 
Greater Phoenix Economic Council
BUILDING AN ECONOMY AROUND 
HIGHER EDUCATION 
B A R R Y B R O O M E 
PRESIDENT & CEO 
GREATER PHOENIX ECONOMIC COUNCIL 
Se...
Market Size and Growth 
Greater Phoenix Population: More than 4 million 
• Greater Phoenix topped larger 
metros as the be...
Greater Phoenix Economic Council 
Region’s Economic Development Organization 
• A true regional model where public and pri...
GPEC Delivers Results 
Ranked Top 
US Economic 
Development 
Organization 
Site Selection 
Magazine – May 
2014 
Phoenix #...
Arizona State University 
One of the 
nation’s 
largest 
universities, 
with 80,000 
students at 4 
campuses 
ASU awards 
...
ASU Applied Research 
Collaborative Research Consortia 
• ASU’s $405 million research enterprise among the largest in the ...
ASU Applied Research 
Industry-led Research Initiatives 
• Adaptive Intelligent Materials and 
Systems (AIMS) Center 
• Al...
Arizona State University 
Entrepreneurship & Innovation 
Alexandria Co-Networking Network 
• Brings together entrepreneurs...
Arizona State University 
Entrepreneurship & Innovation 
ASU Startup Accelerator 
• Supports startup companies that incorp...
Arizona State University 
Entrepreneurship & Innovation 
Furnace Technology Transfer Accelerator 
• Startup accelerator de...
ASU & Economic Development 
International 
• Completed with contributions 
from ASU and ASU SkySong 
• The toolkit is desi...
ASU & Economic Development 
International 
• Innovative partnership with the 
Shanghai Advanced Institute of 
Finance 
• E...
Mesa Gateway Area 
Phoenix-Mesa Gateway Airport 
• 32 square miles; nearly two-thirds 
the size of San 
Francisco 
• Forme...
Mesa Gateway Area 
ASU Polytechnic Campus 
• Adjacent to the Gateway Airport 
• Nearly 11,000 students 
• 40 degree progra...
ASU SkySong 
Driving Economic Development 
ASU SkySong’s Corporate 
Engagement Team works with 
AAED, GPEC, ACA, MAG & 
TR...
Solar Industry 
University Assets 
Applied Research Models at ASU 
• World’s largest solar testing & certification project...
Economic Development 
ASU’s Engagement 
State Farm 
• New 2M SF office site on ASU 
land 
• Created special taxing distric...
Economic Development 
ASU’s Engagement 
• This summer Dr. Crow joined 
Senator McCain and GPEC on 
visit with Tesla head E...
Metropolitan Business Planning 
Velocity 
• Greater Phoenix region needs to shift from a consumption-based 
economy to one...
Velocity 
Metro Innovation Initiative 
• Engineering occupations are key to this growth, and advanced 
industries will gro...
Advanced Industry Investments 
• Identify and develop disruptive and 
breakthrough technologies in advanced 
industries 
•...
THANK YOU! 
Questions? 
602.256.7700 | www.gpec.org 
@GPEC 
Greater Phoenix 
Economic Council 
(Groups) 
gpecgreaterphoeni...
#UEDASummit
UEDA Annual Summit - Tuesday Lunch Keynote by Barry Broome
UEDA Annual Summit - Tuesday Lunch Keynote by Barry Broome
UEDA Annual Summit - Tuesday Lunch Keynote by Barry Broome
UEDA Annual Summit - Tuesday Lunch Keynote by Barry Broome
UEDA Annual Summit - Tuesday Lunch Keynote by Barry Broome
UEDA Annual Summit - Tuesday Lunch Keynote by Barry Broome
UEDA Annual Summit - Tuesday Lunch Keynote by Barry Broome
UEDA Annual Summit - Tuesday Lunch Keynote by Barry Broome
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UEDA Annual Summit - Tuesday Lunch Keynote by Barry Broome

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Barry Broome, introduced by Todd Hardy, of the Greater Phoenix Economic Council.

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UEDA Annual Summit - Tuesday Lunch Keynote by Barry Broome

  1. 1. Todd Hardy Senior Economic Development Advisor, Arizona State University
  2. 2. Barry Broome President and CEO, Greater Phoenix Economic Council
  3. 3. BUILDING AN ECONOMY AROUND HIGHER EDUCATION B A R R Y B R O O M E PRESIDENT & CEO GREATER PHOENIX ECONOMIC COUNCIL September 30, 2014
  4. 4. Market Size and Growth Greater Phoenix Population: More than 4 million • Greater Phoenix topped larger metros as the best place for recruitment and attraction (Expansion Management) • Arizona among the top 5 friendliest states for business and #1 for our quality and availability of workforce (CNBC) • Arizona is one of the top 10 states for doing business (Development Counselors International) • ASU ranked 5th in the nation for recruiting new hires (Wall Street Journal) WEST VALLEY 771,387 EAST VALLEY 1,406,273 PHOENIX 1,485,751 Population: Maricopa County 3,944,859 GPEC Communities 3,762,437 Maricopa County expected to grow more than 14% by 2020
  5. 5. Greater Phoenix Economic Council Region’s Economic Development Organization • A true regional model where public and private members collaborate to promote Greater Phoenix as a great place to grow business • Supported by Maricopa County, 22 cities and towns, and 180+ private-sector businesses • Services include regional operating costs analysis; economic impact and labor studies; HR employment assistance; connection to local resources, universities and companies; site selection • Since 1989, GPEC has assisted more than 570 companies in locating to the region resulting in $13 billion in capital investment and more than 100,000 jobs
  6. 6. GPEC Delivers Results Ranked Top US Economic Development Organization Site Selection Magazine – May 2014 Phoenix #1 in the nation in terms of growth in finance industry jobs, adding 8,300 from December 2012 – 2013 Forbes, 2014 Mesa’s Apple deal listed as the Top Economic Development Deal of 2013 Site Selection Magazine – May 2014 Phoenix 10th on CNN Money’s 10 fastest growing cities CNN Money 2014 Top metro for facilities and expansions in the Mountain West Region for 2013 Site Selection Magazine
  7. 7. Arizona State University One of the nation’s largest universities, with 80,000 students at 4 campuses ASU awards 17,000 degrees annually Top-tier of U.S. universities* W. P. Carey School of Business - 5 departments in top 20 rankings* W.P. Carey School of Business ranked 27th of 453 graduate programs Sandra Day O’Connor Law School ranked 31st *US News and World Report
  8. 8. ASU Applied Research Collaborative Research Consortia • ASU’s $405 million research enterprise among the largest in the U.S. for universities without a medical school • Industry research consortia are significant drivers of ASU’s research output • Research consortia leverage university core research expertise to provide applied research solutions for industry • Access to experienced researchers in multiple disciplines • Leading-edge research in cost-effective projects developed by industry leaders and university experts • Post-doc and advanced degree student researchers could act as pipeline of future talent to industry with job training through industry-sponsored research projects
  9. 9. ASU Applied Research Industry-led Research Initiatives • Adaptive Intelligent Materials and Systems (AIMS) Center • Alliance for Construction Excellence Membership • Center for Engineering Materials (CEMAT) • Connection One/ Wireless Integrated Nano Technology Center (WINTech) • Consortium for Embedded Systems (CES) • Construction Research and Education for Advanced Technology Environments (CREATE) • oFlexible Display Center (Membership) • Flexible Display Center (Membership) • Global Research Center for Strategic Supply Management Research Program • Health Sector Supply Chain Research Consortium (HSRC) • National Center of Excellence on SMART Innovations • Power Systems Engineering Research Center (PSERC) Industrial Membership • Quantum Energy and Sustainable Solar Technologies (QESST) • Sensor Signal and Information Processing Center (SenSIP) Industry • Water Quality Center (Membership)
  10. 10. Arizona State University Entrepreneurship & Innovation Alexandria Co-Networking Network • Brings together entrepreneurs, innovators, inventors, problem solvers and small business owners • Meet in collaboration spaces in public libraries across AZ • Spaces are free and open to the public • Form a statewide network of places for people to connect, collaborate and get access to valuable resources
  11. 11. Arizona State University Entrepreneurship & Innovation ASU Startup Accelerator • Supports startup companies that incorporate in AZ • Including alumni ventures and other non-ASU companies Edson Student Entrepreneur Initiative • Gives student entrepreneurs the opportunity to develop innovative ideas and launch viable businesses • Offers approximately 20 student-led teams up to $20,000 in seed funding each year • Offers office space, training and mentorship to launch their for-profit, more-than-profit or non-profit ventures
  12. 12. Arizona State University Entrepreneurship & Innovation Furnace Technology Transfer Accelerator • Startup accelerator designed to form, incubate and launch new companies created from technologies and IP licensed from premier research institutions • Provides seed funding, office space and access to top industry mentors to commercialize discoveries made in university research labs Rapid Startup School • Offers opportunity for participants to develop an entrepreneurial mindset while learning fundamentals of launching new venture • Designed to support at any stage of development
  13. 13. ASU & Economic Development International • Completed with contributions from ASU and ASU SkySong • The toolkit is designed to assist foreign companies with investment and expansion decisions in the United States • And specifically, the Greater Phoenix region • Available in English, Spanish, Chinese, German and French
  14. 14. ASU & Economic Development International • Innovative partnership with the Shanghai Advanced Institute of Finance • Executive MBA program offered in China • Works one on one with companies to achieve high-impact learning outcomes • Bridges connection between China and Arizona • Ongoing partnership with ASU to promote Greater Phoenix region to investors
  15. 15. Mesa Gateway Area Phoenix-Mesa Gateway Airport • 32 square miles; nearly two-thirds the size of San Francisco • Former Williams Air Force Base closed under Base Realignment Closure in 1993 • Now home to the Phoenix- Mesa Gateway Airport • Gateway hosts more than 40 companies, serves more than 35 cities with non-stop service, and contributes $1.3 billion annually to the Arizona economy • Able Engineering is housed in 191,000 SF at the airport; employs 300 with average salary of $90,000
  16. 16. Mesa Gateway Area ASU Polytechnic Campus • Adjacent to the Gateway Airport • Nearly 11,000 students • 40 degree programs • Home of the Advanced Technology Innovation Center • AZLabs, which conducts security and defense related research is adjacent to Gateway and ASU Polytechnic
  17. 17. ASU SkySong Driving Economic Development ASU SkySong’s Corporate Engagement Team works with AAED, GPEC, ACA, MAG & TREO to partner with industry and foster innovation and economic growth ASU Collaborates with Industry to: – Grow Business – Develop Workforce – Collaborate on Research
  18. 18. Solar Industry University Assets Applied Research Models at ASU • World’s largest solar testing & certification project: TUV Rheinland PTL – The most comprehensive, sophisticated, state-of-the-art facility for testing and certification of solar energy equipment in the world • Joint industry research: Solar Power Lab • Organic prototype; Advanced PV Center • Innovation: Solar America Initiative R&D federal grants • Multidisciplinary effort: LightWorks • University Partnerships: SkySong, ASU Technopolis, Arizona’s Technology Enterprises
  19. 19. Economic Development ASU’s Engagement State Farm • New 2M SF office site on ASU land • Created special taxing district • One of the nation’s largest redevelopment projects • Capacity for 8,000 employees Intel • ASU and Intel teamed up to create customized engineering degree for Arizona workers • Large talent pool at ASU for Intel to recruit from
  20. 20. Economic Development ASU’s Engagement • This summer Dr. Crow joined Senator McCain and GPEC on visit with Tesla head Elon Musk • ASU proposed in-factory bachelor of science engineering program • Coordinated partnership with area community colleges to fuel talent pipeline for future workforce • ASU Fulton Schools of Engineering one of the three largest programs in the US L to R: Dr. Michael Crow, Senator John McCain, Elon Musk, Barry Broome
  21. 21. Metropolitan Business Planning Velocity • Greater Phoenix region needs to shift from a consumption-based economy to one rooted in advanced industries • Investment in higher-ed will help pivot the economy • Greater Phoenix regional leaders have been working with the Brookings Institution on a Metropolitan Business Plan – Velocity • ASU sits on Steering Committee, along with other higher-ed institutions • ASU and UofA commissioned SRI International to do market assessment • By 2025 Velocity will add 200,000 advanced industry jobs, adding $14.6 billion in new tax revenue to the state, county and cities
  22. 22. Velocity Metro Innovation Initiative • Engineering occupations are key to this growth, and advanced industries will grow more than 71,000 engineering jobs • To meet the need created by growing advanced industries, the region’s higher-ed institutions will need to increase their capacity to produce engineering graduates at both community college and university level • In the entire state of Arizona, we produce only 33,450 engineers over 10 years • In order to fill the additional 71,202 engineering positions created by Velocity, Arizona will have to produce 37,752 more workers with 2 and 4 year engineering degrees
  23. 23. Advanced Industry Investments • Identify and develop disruptive and breakthrough technologies in advanced industries • Create mechanism for industry-led research, which will be more commercially viable and productive • Launch self-sustaining global research initiatives (EWI) • Connect export industries and SME’s in precompetitive cross-industry research and product development METRO INNOVATION Industry-led consortia identify technology and human capital opportunities STEM K-12 Tech Workforce Engineering Talent Development • Align supply of talent to the demand of the new economy • Identify and deliver a cohesive K-12 STEM program aligned to the talent needs of the new industries • Prepare a STEM skilled workforce through our community colleges to move into advanced industry careers • Modernize ASU’s engineering school to be Top 5 in the US Sustainable R&D Centers
  24. 24. THANK YOU! Questions? 602.256.7700 | www.gpec.org @GPEC Greater Phoenix Economic Council (Groups) gpecgreaterphoenix GPEC4JOBS
  25. 25. #UEDASummit

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