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EDUCATION INNOVATION ECONOMIC DEVELOPMENT Missouri Economic Development Finance Association October 13, 2016 Allen D. Kunkel, CEcD Associate Vice President for Economic Development

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Page 1: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

EDUCATIONINNOVATIONECONOMIC DEVELOPMENTMissouri Economic Development Finance AssociationOctober 13, 2016

Allen D. Kunkel, CEcDAssociate Vice President for Economic Development

Page 2: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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

Page 3: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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)

Page 4: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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

Page 5: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

URBAN INNOVATION PARK

IDEA COMMONS

PHOTO CAPTION

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

Page 6: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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

Page 7: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

URBAN INNOVATION PARK

IDEA COMMONS

PHOTO CAPTION

Page 8: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

URBAN INNOVATION PARK

IDEA COMMONS

PHOTO CAPTION

Page 9: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

URBAN INNOVATION PARK

IDEA COMMONS

PHOTO CAPTION

Page 10: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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

Page 11: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

JORDAN VALLEY INNOVATION CENTER

BUILDING ON SUCCESS

PHOTO CAPTION

Page 12: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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

Page 13: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

JORDAN VALLEY INNOVATION CENTER

FUTURE EXPANSION

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Page 14: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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

Page 15: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

ART AND DESIGN

BRICK CITY

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Page 16: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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).

Page 17: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

SUPPORTING ENTREPRENEURSHIP

THE NEW FRONT DOOR

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Page 18: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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.

Page 19: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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.

Page 20: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

URBAN AGRICULTURE

VERTICAL INNOVATIONS

Page 21: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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.

Page 22: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

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.

Page 23: EDUCATION INNOVATION ECONOMIC DEVELOPMENT2016+-+Kunkel.pdf• Lease 2016 • Reuse of agricultural icon • City funding and technical assistance for enrollment in DNR Brownfields

ANY QUESTIONS?