Stout Technology Park Development Corporation

Economic development partners:

City of MenomonieUniversity of Wisconsin-

StoutXcel Energy

Building Foundations for Technology Jobs.2011 Lake Superior Business & Technology Conference

Development Corporation

501(C) 4Incorporated 1989Opened in 199011 member board

3 Officers 7 Ex-officio Reps 1 Director

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Strategic LocationI-94 “IQ” CorridorProximity to Twin CitiesHigh quality of lifeRegional workforceBaldrige winnerMulti-level incentivesMultiple broadband options

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Benefits to company

High Quality WorkforceStaff-training Mini-grantsMalcolm Baldrige quality award

partner Access to grant/research Opps Close tie to faculty/students Adjunct status

Benefit to University/Community

Real world lab, opportunity for researchNext-step incubation possibilitiesVisible contribution to communityMonthly Tech Talk Business Briefs

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Impact

Building valuation over $65 millionAnnual real estate taxes nearly $715,000More than 1,300 people work in the ParkAnnual payroll nearly $50 millionWage impact on community estimated

to surpass $232 million annually

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StatisticsTwenty-eight buildingsApproximately 403 total acresCurrently 180 developable acres

Includes City and Foundation properties Available Commercial Zone acres = 13 Available Technology Zone acres = 167

Fifty-nine entities conducting business

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Advancing Polytechnic FocusThe expertise of UW-Stout faculty, staff, students and other private sector specialists is harnessed to foster discovery and innovation .

Facilitate student learning through researchConnect faculty/staff experts with private

sector businesses to solve technical problems and create intellectual property

Assist start-up businesses and assist the community with economic development

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Inspiring Innovation

Advance knowledg

e

Enhance student education

Produce economic impact

Add value to industry

Applying research Solving challenges

Applied research carries product development from basic research to commercialization

Product life cycle and collaborative resources drive project efforts

Product lifecycle

Clients, Business & Industry

Needs Resources

Technology Real-world lab Support staff Co-op stations

Problem solving

Technical expertise

Training Real-time problems

UW-Stout, UW System,Partners

Needs Resources Education

interaction Faculty, staff,

students Staff development Expertise New technology Technology

New skills Facilities

Bridging the gap and keeping the ball rolling…

Discovery

Center

Results-focused, year-round innovative projects