• Company Transplantation• Business Formation• Industry Growth

See, for example, http://web.mit.edu/lis/papers/LIS05-010.pdf

Current State – Iowa Manufacturing

• 8th most manufacturing dependent economy• ‘Branch plant’ state• Wages are 86% of U.S. manufacturing wage• Engineer, drafter, and technician jobs are 75% of U.S. • 26th in patent activity (50% from 4 of 99 counties)

• 9,300 Iowa State University engineering students• 8th largest undergraduate engineering enrollment in U.S.

Grow Iowa’s Small- to Mid-Sized Manufacturersby

Making Connections

• Growth = Size + Innovation• Internships and full-time hires• Student design projects• Industry liaison

– Find companies– Scope projects– Support paperwork– Measure impact

Financial Sustainability

• Manufacturing Extension Partnership (MEP) account manager responsibility

• Seed funding -> Company fees

New Structure

Dean

Associate Dean for Education

Associate Dean for Corporate Engagement

Other Duties as

Assigned

Career

Services

Business

Outreach

(CIRAS)

Online

Education

K-12 Outreach

Associate Dean for Research

ISU College of Engineering Career Fair

Outcomes - Interns

• AY2011 ~300 COE interns in Iowa companies

• AY2015 ~600

Outcomes - Student Projects

• In past five years, 99 of 104 companies were SMMs• Companies reported 134 new/retained jobs

Year Projects with Iowa Manufacturers Company Reported Impact

2009 26 $0

2010 39 $2.8M

2011 23 $9.4M

2012 52 $0.8M

2013 88 $23.3M

2014 71 $30.1M

Scalability

• Originally College of Engineering• Now includes Colleges of Design, Agriculture,

and Business

Replicability

Most UEDA member institutions have something like CIRAS:• EDA University Center• Manufacturing Extension Partnership• Small Business Development Center• Incubators• SBIR/STTR Outreach• Cooperative Extension

‘Simple’ Systems

Students that Hit the Ground Running

The Future

Capstone student design projects through the Center for Industrial Research and Service (CIRAS) provide direct benefits to Iowa companies. In CY14, 49 Iowa companies, sponsoring 71 projects, reported a collective impact of 95 jobs and $30 million to their bottom lines.

Contact

Ron CoxAssociate Dean for Corporate Engagement, College of EngineeringDirector, Center for Industrial Research and Service (CIRAS)

Iowa State UniversityEmail: rcox@iastate.eduCell: 515-460-1123