Report details MSU-industry engagement

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> A new report finds Mississippi State actively engaged with a wide variety of industries that are growing local, regional and state economies, while also contributing to partnerships that foster international exchange and trade.
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> “Our central economic development objective is to strengthen collaborations between the university, organizations and businesses to create high-wage jobs,” said Melvin Ray, the university’s associate vice president for economic development.
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> The MSU Office of Research and Economic Development today [Nov. 26] released “University-Industry Engagement Report, FY2013” that details the university’s economic development-related activities and their impact. The entire report is available at www.research.msstate.edu/ecodev.
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> 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, institutes and the campus-based Mississippi Agricultural and Forestry Experiment Station.
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> According to its chief research officer, the university’s commitment to help expand the state’s economy is by design.
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> “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, vice president for research and economic development.
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> Among other points, the report notes that:
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> –The highest number of completed projects was in Oktibbeha (60), Lee (29) and Hinds (28) counties.
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> –Sizes of companies receiving assistance in the 2013 fiscal year ranged from student-led start-ups to multi-national corporations.
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> –A neutral, third-party has estimated that, in collaborative work with a number of companies, the Center for Advanced Vehicular Systems Extension Office had a $1 billion annual impact over the past five years.
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> “We deploy a wide range of tools to enhance opportunity and establish profitable connections, such as the Economic Development Assistance Network,” Ray said.
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> “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 their expertise,” he added.
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> For other information about MSU’s economic development efforts, contact Ray at mray@research.msstate.edu or 662-325-3570.
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