EDUCATIONINNOVATIONECONOMIC DEVELOPMENTMissouri Economic Development Finance AssociationOctober 13, 2016
Allen D. Kunkel, CEcDAssociate Vice President for Economic Development
AT A GLANCE
MISSOURI STATE UNIVERSITY
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Missouri State University is known for its statewide Public Affairs mission – a focus on Community Engagement, Cultural Competence, and Ethical Leadership.
• Located in Springfield, Missouri• Second‐largest university in Missouri • 26,000 students – 4 campuses• 180+ undergraduate & 50 graduate programs• Sponsored research exceeds $22 million
Springfield
Kansas City
St. Louis
STABLE GROWTH
DOWNTOWN DEVELOPMENT
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Phase 1• Meyer Alumni Center (1989)• Jim D. Morris Center (1990)• Levy Wolf (2000)• Hammons Field (2004)• Park Central Office Building (2007)
Phase 2• Acquisition of MFA Feed Mill from
City of Springfield (2005)• Roy Blunt Jordan Valley Innovation Center
(JVIC) (2007)
CENTER CITY
REDEVELOPMENT
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Phase 3• Launch of IDEA Commons• Purchase of 5 properties from City of Springfield• Purchase of Willow Brook Foods• Lease of buildings in Brick City• Expansion of JVIC
Phase 4 – The Future• Expansion of JVIC and The eFactory• Expansion of Cooperative Engineering Program• Redevelopment of owned properties• Opening of Vertical Innovations
URBAN INNOVATION PARK
IDEA COMMONS
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IDEA CommonsInnovation, Design, Entrepreneurship, & Art
Target Area ‐ 88 acres in downtown Springfield
Anchor Facilities• Jordan Valley Innovation Center (JVIC)• Brick City (Art & Design, PharmD)• Robert W. Plaster Free Enterprise Center
(The eFactory, Cooperative Engineering)
Acquisition of property from City of Springfield
URBAN INNOVATION PARK
IDEA COMMONS
• Develop a sense of place that’s attractive to young talent… scientists, artists, designers, and entrepreneurs
• Transform an overlooked area of Springfield into a vibrant urban neighborhood with a unique brand
• Repurposed University properties adjacent to residential, retail, commercial, and entertainment facilities
• Expand opportunities for business development, commercializing research, and facilitating innovation
• Develop University partnerships with entrepreneurs and local business
URBAN INNOVATION PARK
IDEA COMMONS
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URBAN INNOVATION PARK
IDEA COMMONS
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URBAN INNOVATION PARK
IDEA COMMONS
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JORDAN VALLEY INNOVATION CENTER
BUILDING ON SUCCESS
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The Jordan Valley Innovation Center (JVIC)operates under a mission of product development for its corporate partners and interdisciplinary educational experiences for students.
Renovation of former MFA Feed Mill
75,000 sq. ft. state‐of‐the‐art research center and technology accelerator
Open 2007 – First PhaseSecond Phase – 2008Third Phase – 2009
City involvement was critical
JORDAN VALLEY INNOVATION CENTER
BUILDING ON SUCCESS
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JORDAN VALLEY INNOVATION CENTER
THE JVIC MODEL
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• A technology accelerator; not a business incubator
• Industry led technologies focused on market demand
• Unique position on intellectual property• Focus on core competencies and emphasize
technology integration and collaboration• Shared expertise, equipment, and facilities• Strengths include Biomaterials,
Nanotechnology, Carbon‐based Electronics, Biological and Chemical Analyses, Biomedical Instrument Development, Advanced Manufacturing, Translational Research
JORDAN VALLEY INNOVATION CENTER
FUTURE EXPANSION
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FOSTERING CREATVITY
BRICK CITY
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Former refrigerated warehouse complex
• Four Buildings totaling 110,000 sq. ft.
• Building 4 (2008) – MSU Art & Design• Building 3 (2011) – MSU Art & Design and
The Marlin Company • Building 1 (2015) ‐ MSU Art & Design and
UMKC PharmD Program• Building 5 (2015) ‐ MSU Art & Design
• Private developer utilized historic tax credits
ART AND DESIGN
BRICK CITY
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SUPPORTING ENTREPRENEURSHIP
THE NEW FRONT DOOR
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The Robert W. Plaster Free Enterprise Center
120,000 sq. ft. former poultry processing facility.
• The eFactory• MSU/Missouri S&T Cooperative Engineering
The eFactory is a technology‐focused business incubator and entrepreneurial development center (2013).
SUPPORTING ENTREPRENEURSHIP
THE NEW FRONT DOOR
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PROGRAM AND STRUCTURE
The eFactory
The mission is to facilitate the successful growth and development of start‐up and emerging businesses and creating higher‐wage jobs.
The eFactory grew from 5 tenant clients to 37, growing from 15 client employees to 130 employees, accounting for a 90 percent occupancy.
• 2013 Missouri Governor’s Community/Redevelopment Project of the Year
• 2014 Trade & Industry Development Magazine Corporate Investment and Community Impact (CiCi) Award
• 2015 Springfield Business Journal’s Businesses Advocate of the Year.
ROUNDING OUT THE ENTREPRENEURIAL ECOSYSTEM
FILLING THE GAPS
The eFactory offers a coworking center that provides a community of founders and
entrepreneurs, working collaboratively in a fun, productive environment.
startBusiness incubation is how The eFactory started, and its 20,000 sq. ft. of leasable
space is home to 30 companies employing more than 130 employees.
growA 12-week intensive program to jumpstart
startup and emerging companies. Investment is joined by experienced
business mentors, professional services and investor cultivation.
ACCELERATE
The eFactory is dedicated to helping entrepreneurs and businesses in southwest Missouri start, grow and accelerate their companies.
URBAN AGRICULTURE
VERTICAL INNOVATIONS
URBAN AGRICULTURE
VERTICAL INNOVATIONS
Vertical Innovations
• Lease 2016• Reuse of agricultural icon• City funding and technical assistance for
enrollment in DNR Brownfields Voluntary Cleanup Program
• Cleanup and testing phase (2016)• Food production (Spring 2017)
• Vertical farming through the incorporation of the core principles of aquaculture, both hydroponics and aquaponics.
PARTNERS AND STAKEHOLDERS
A COMMUNITY EFFORT
Building a robust creative, innovative and entrepreneurial ecosystem means engaging community partners, creating pathways forservices, advocacy and expertise. The eFactory is supported by some of the best organizations in the region.
ANY QUESTIONS?