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11/21/13 - Report examines Mississippi State’s engagement with industry

A new report finds that Mississippi State is actively engaged with a wide variety of industries that are growing local, regional and state economies, and also contributing to international partnerships that foster global exchange and trade.

“Our central economic development objective is to strengthen collaborations between the university, organizations and businesses to create high-wage jobs,” said Melvin Ray, MSU’s associate vice president for economic development.

The Office of Research and Economic Development at MSU today [Nov. 21] released the new report detailing the university’s economic development-related activities and their impact.

Titled “University-Industry Engagement Report, FY2013,” the document provides a summary of the land-grant institution’s efforts to enhance economic opportunity in Mississippi and beyond based on a survey of participating MSU research centers and institutes.

According to its chief research officer, the university’s commitment to growing the state’s economy is by design.

“We have taken purposeful steps to make innovation, entrepreneurship and community engagement priorities on our campus. We have been building that culture with students, faculty and staff,” said David Shaw, Mississippi State’s vice president for research and economic development.

Among its findings, the report notes:

-- MSU centers, institutes and Mississippi Agriculture and Forestry Experiment Station scientists completed projects throughout the state.

-- The highest number of completed projects were found in Oktibbeha (60), Lee (29) and Hinds (28) counties.

-- The size of companies receiving assistance in FY13 ranged from student-led start-ups to multi-national corporations.

-- In its collaborative work with a number of companies, the Center for Advanced Vehicular Systems Extension Office is estimated by a third-party to have had a $1 billion impact annually over the last five years.

The entire report is available for download at www.research.msstate.edu/ecodev.

“We deploy a wide range of tools to enhance opportunity and establish profitable connections, such as the Economic Development Assistance Network,” Ray said.

“EDAN was created as a resource for economic developers, business owners, entrepreneurs and others in business and industry, and is designed to quickly connect them with Mississippi State experts -- and expertise,” Ray explained.

For more information about Mississippi State’s economic development efforts, please contact Ray at mray@research.msstate.edu or 662-325-3570.

Jim Laird | Public Affairs


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