Grow Iowa Manufacturers Through Student Connections
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The document discusses efforts by Iowa State University's College of Engineering to support small and mid-sized manufacturers in Iowa through initiatives like internships, student design projects, and industry partnerships. It notes that in 2014, 71 student design projects sponsored by 49 Iowa companies reported creating 95 jobs and $30 million in impact. The goal is to help Iowa's manufacturing industry grow through innovation and connections between students and companies.
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Grow Iowa Manufacturers Through Student Connections
- 3. • Company Transplantation • Business Formation • Industry Growth See, for example, http://web.mit.edu/lis/papers/LIS05-010.pdf
- 4. Current State – Iowa Manufacturing • 8th most manufacturing dependent economy • ‘Branch plant’ state • Wages are 86% of U.S. manufacturing wage • Engineer, drafter, and technician jobs are 75% of U.S. • 26th in patent activity (50% from 4 of 99 counties) • 9,300 Iowa State University engineering students • 8th largest undergraduate engineering enrollment in U.S.
- 6. Grow Iowa’s Small- to Mid-Sized Manufacturers by Making Connections • Growth = Size + Innovation • Internships and full-time hires • Student design projects • Industry liaison – Find companies – Scope projects – Support paperwork – Measure impact
- 7. Financial Sustainability • Manufacturing Extension Partnership (MEP) account manager responsibility • Seed funding -> Company fees
- 8. New Structure Dean Associate Dean for Education Associate Dean for Corporate Engagement Other Duties as Assigned Career Services Business Outreach (CIRAS) Online Education K-12 Outreach Associate Dean for Research
- 9. ISU College of Engineering Career Fair
- 13. Outcomes - Interns • AY2011 ~300 COE interns in Iowa companies • AY2015 ~600
- 14. Outcomes - Student Projects • In past five years, 99 of 104 companies were SMMs • Companies reported 134 new/retained jobs Year Projects with Iowa Manufacturers Company Reported Impact 2009 26 $0 2010 39 $2.8M 2011 23 $9.4M 2012 52 $0.8M 2013 88 $23.3M 2014 71 $30.1M
- 15. Scalability • Originally College of Engineering • Now includes Colleges of Design, Agriculture, and Business
- 16. Replicability Most UEDA member institutions have something like CIRAS: • EDA University Center • Manufacturing Extension Partnership • Small Business Development Center • Incubators • SBIR/STTR Outreach • Cooperative Extension
- 17. ‘Simple’ Systems
- 18. Students that Hit the Ground Running
- 20. The Future Capstone student design projects through the Center for Industrial Research and Service (CIRAS) provide direct benefits to Iowa companies. In CY14, 49 Iowa companies, sponsoring 71 projects, reported a collective impact of 95 jobs and $30 million to their bottom lines.
- 21. Contact Ron Cox Associate Dean for Corporate Engagement, College of Engineering Director, Center for Industrial Research and Service (CIRAS) Iowa State University Email: rcox@iastate.edu Cell: 515-460-1123