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University of Tennessee Resources for Economic Development

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Title: University of Tennessee Resources for Economic Development


1
University of Tennessee Resources for Economic
Development
  • Beth Phillips
  • Economic Development Specialist
  • UT Institute for Public Service
  • Jim Slizewski
  • Regional Manager
  • Center for Industrial Services, IPS

2
The University of Tennessee System
  • UT has campuses in
  • Knoxville
  • Chattanooga
  • Tullahoma
  • Martin
  • Memphis
  • UT statewide institutes include
  • Institute of Agriculture
  • Institute for Public Service
  • Statewide enrollment of over 42,500 students
    Over 9,000 graduates each year
  • Statewide annual budget of over 1.4 billion

3
UT Mission
  • As a federally designated land grant institution,
    UT has a threefold mission of
  • instruction
  • research
  • and public service

4
UT Strategic Plan
  • In 2006 Strategic Plan, President Petersen, UT
    Board and executives defined economic development
    as one of six strategic areas of focus for UT.
  • Student Attraction
  • Student Retention and Success
  • Research
  • Economic Development
  • Outreach
  • Globalization

5
Statewide Economic Development Focus
  • UT campuses and institutes working in partnership
    to leverage resources to build Tennessees
    economy
  • Develop globally competitive workforce
  • Apply research and technology to grow TN economy

6
Economic Development Initiatives
  • UT-Battelle partnership at ORNL second five
    year contract by DOE
  • Leverages research and economic development
    capabilities of UT and ORNL
  • Joint Research Institutes for Biological,
    Computational, Neutron, and Materials Sciences.
  • Governors Chair positions for world class
    scientists
  • 50 increase in laboratorys research budget
  • Technology commercialization program has spun off
    more than 60 new companies.

7
Economic Development Initiatives
  • UT Health Science Center
  • Partnership with Memphis Bioworks Foundation to
    foster commercialization of technologies
  • New College of Pharmacy facilities in Memphis and
    Knoxville
  • Located at UT-Baptist Research Park in Memphis
    and UT Medical Center in Knoxville
  • Includes a Good Manufacturing Practices facility
    for research and mfr of new pharmaceuticals
  • Designed to position TN as a key player in the
    biotechnology industry
  • Increase pharmacy enrollment from 500 to 800
    students

8
Economic Development Initiatives
  • New REED Center at UTM (Regional Entrepreneurship
    and Economic Development)
  • New Business Incubator on Knoxville campus
    (partnership with UT Research Foundation, Knox
    Co, TVA, KUB, State of TN, EDA)
  • Plans for new Cherokee Research Campus in
    Knoxville

9
Economic Development Initiatives
  • TN Biofuels Initiative
  • single largest economic development opportunity
    for rural Tennessee in the history of the state.
  • (Dr. Joseph A. DiPietro, UT Vice President
    Agriculture)
  • Produce ethanol from switchgrass and woody
    biomass cellulosic ethanol GrassolineTM
  • UT and ORNL scientists working with private
    industry
  • 40M investment from State of TN
  • Partnership to Prepare Biofuels Professionals
    (advance degrees in bioscience)

10
Why Switchgrass/Biomass?
  • Switchgrass grows well in Tennessee on marginal
    soil
  • Large supply of woody biomass
  • Expands alternative fuels options beyond corn
    grain
  • More efficient energy use to energy production
    ratio
  • Corn grain 1 to 1.4
  • Switchgrass 1 to 5

11
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12
TN Biofuels Intiative Economic Benefits to
Tennessee
  • Farm and Rural Economies new jobs, higher farm
    incomes, increased profitability
  • 1015 commercial scale bio-refineries 16,000
    new jobs
  • TN could produce 1 billion gals of cellulosic
    ethanol replace 30 of petroleum consumption
  • Cleaner fuel reduce CO2 emissions by 50
  • Renewable resource

13
UT Institute for Public Service
  • Created in 1971 assigns IPS UTs public
    service role in all areas except agriculture
  • Link University expertise with community and
    workplace needs
  • Led by Vice President for Government and Public
    Relations Hank Dye, and Assoc, VP Mary (Taylor)
    Jinks
  • System-wide resources and offices
  • Deliver services through our agencies
  • MTAS (Municipal Technical Advisory Service) -
    1949
  • CTAS (County Technical Assistance Service) 1973
  • CIS (Center for Industrial Service) - 1963
  • LEIC (Law Enforcement Innovation Center) - 2000

14
IPS Economic Development Focus
  • Enhance the economic competitiveness of business
    and industry
  • Promote the development of new private sector
    jobs and investment through research, tech
    transfer, and commercialization
  • Build leadership and organizational capacity to
    help communities realize their full economic
    development potential

15
IPS Impact 2006
  • Answered 26,000 requests for assistance
  • Assisted in growth of Tennessee economy by 528
    million
  • Assisted in creating and retaining 12,000 jobs
  • Trained more than 15,000 people

16
How can IPS assist you?
  • Leadership Development
  • Local Government Leadership Program
  • TN Government Executive Institute
  • TN Government Management Institute
  • Municipal and County technical assistance,
    training, and expertise
  • Partnership with Governors Three Star Program
    Basic Principles and Practices course in economic
    development

17
How can IPS assist you?
  • Analysis of economic issues and opportunities
  • State of Manufacturing in Tennessee, CBERS
    (2005), (2007)
  • Impact of Retiree In-migration on Rural
    Communities (2006)
  • SGPB forums on Workforce Development (2007)

18
How can IPS assist you?
  • Business Development and Business Competitiveness
  • Center for Industrial Services
  • Jim Slizewski

19
IPS an entry point to UT system resources
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