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• Company Transplantation• Business Formation• Industry Growth
See, for example, http://web.mit.edu/lis/papers/LIS05-010.pdf
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.
Grow Iowa’s Small- to Mid-Sized Manufacturersby
Making Connections
• Growth = Size + Innovation• Internships and full-time hires• Student design projects• Industry liaison
– Find companies– Scope projects– Support paperwork– Measure impact
Financial Sustainability
• Manufacturing Extension Partnership (MEP) account manager responsibility
• Seed funding -> Company fees
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
ISU College of Engineering Career Fair
Outcomes - Interns
• AY2011 ~300 COE interns in Iowa companies
• AY2015 ~600
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
Scalability
• Originally College of Engineering• Now includes Colleges of Design, Agriculture,
and Business
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
‘Simple’ Systems
Students that Hit the Ground Running
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.
Contact
Ron CoxAssociate Dean for Corporate Engagement, College of EngineeringDirector, Center for Industrial Research and Service (CIRAS)
Iowa State UniversityEmail: rcox@iastate.eduCell: 515-460-1123
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