David HawpeCourier-JournalMay 22, 2006

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1996

Issue facing community:How do we replace lost

manufacturing jobs

Response:Boyle Report – Plan to build

new job clusters

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Boyle Report

1996 – Boyle Report/GLI Visioning CommitteeLouisville needs a top research university to “unleash the potential of economic growth in all sectors of its economy”

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1997

Issue facing state:How do we replace lost

manufacturing, mining, and agricultural jobs

Response:House Bill 1 – Postsecondary Education Improvement Act – Increase economic opportunity

and quality of life

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House Bill 1

1997 – HB 1The University of Louisville shall become “a preeminent nationally recognized metropolitan research university”

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1998

Issue:How does U of L meet community

and state mandates

Response:Develop a strategic/business plan “Challenge for Excellence” 1998-

2008

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The Challenge includedU of L’s “Vision for Excellence

in 2008,” which included11 goals to be met by 2008

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1. Achieve classification as a Carnegie Research I university

COMPLETED

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2. Have a national reputation for its quality undergraduate program

ACT Scores 1997 2005

State 20.1 20.2U of L 21.3 23.9

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Increased graduation and retention rates

Wall Street Journal survey named U of L one of the 30 top “feeder schools” to nation’s top graduate schools

Record number of student awards (Fulbright, Goldwater, Rotary, etc.)

Honors Program growth from 278 in 1999 to 818 in 2005

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3. Have at least 20 nationally recognized research and graduate/professional programs

9 nationally recognized programs 2005 – several programs up for reconsideration

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4. Attain designation as a National Institutes of Health Cancer Center

Comprehensive Cancer Center application to be submitted in October 2006

More than 15 new cancer drugs under development

Nationally sponsored research funding grew from $300,000 in 1999 to $36 million in 2005

Cancer capital campaign topped its $41 million, five-year goal in only 18 months; campaign continues

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5. Have 75 endowed chairs and professorships in key fields

COMPLETED 54 endowed chairs and

professorships in 1999 107 endowed chairs and

professorships in Fall 2005

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6. Graduate at least 140 doctoral students per year

COMPLETED 78 doctoral graduates in 1999 144 in 2006

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7. Increase federal research funding to more than $40 million annually and increase total sponsored funding to $80 million per year

COMPLETED Federal research funding rose from $14.8 million

in fiscal 1999 to $70.6 million in 2005 Total funding rose from $21 million in fiscal 1998

to $98.9 million in 2005 Fastest growth among research universities,

according to NIH

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8. Increase endowment from $255 million to $500 million

COMPLETED Endowment is currently $689 million

(March 31, 2006) Endowment ranks 88th among 745

NACUBO universities; highest among Kentucky public universities

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9. Increase significantly the number of business start-ups that develop from university research activity

COMPLETED Business start-ups grew from 0 to

19 between 1998 and 2006 Aptamera, other successes

Identify & Evaluate•LDG Sleep Therapeutics -Agreed to Partner 5/06•Orthopedic Products -Progress toward Partnership•Medical Imaging Products -Early stages of evaluation

Stage I: Create the Business

•BioInformatics/e-commerce - Progress toward incorporation•ImmunoTheragnostics - Agree to partner 5/06•ULSD Diagnostic/Therapeutic - Agreed to partnership and developed business model•Cardiovascular Device - Conceptual framework in development

Stage II:Prepare for Seed Funding •EndoProtech, Inc. - Received KSTC R&D Voucher Funding•InnoRem, Inc. - KSTC R&D Voucher InitiatedAllTranz, LLC - Partnership Formed•AsotaBio, Inc.*•Inflamed Inc.*

Stage III:Prime for A Round Investment

•Pradama Inc. - Raised $450K in seed funding•RhinoCyte, Inc. - Closing on $460K seed financing •Software Solutions Group Inc. - Securing significant venture capital financing•Ocular Transplantation LLC - Identifying strategic partners•Mindstreet, LLC - Proposal for partnership submitted

•3DR, Inc.•ApoImmune Inc.•Laboratory Partners, Inc.**•PGX Labs

*InflaMed, AsotaBio (founders have moved)**Funding in Place

Origination Launch

Compellingopportunity

Stage I Stage II

Begin seed fundingprocess

Prospecting

Approx. 4months

Approx. 4months

A Round

Possibleelimination point

IND510(k)

Seed Round

Possibleelimination point

Pre-clinical

Stage III

Approx. 12 months

MetaCyte begins the company creationprocess again with a new concept

Clinical*

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10. Increase the number of patents and licenses based upon university research

COMPLETED Patents grew from 0 to 37

between 1998 and 2005

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11. Be recognized as a national leader for linking its resources to the needs of its community

COMPLETED Metropolitan College Signature Partnership Partnership for a Green City JCPS

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We have met or exceeded9 of 11 goals

Plan to achieve Comprehensive Cancer Center status this year

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We’re a much different institution today

Students from all 120 Kentucky counties

Research funding is up substantially Student scholarship is up

substantially

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Time to Move Ahead

Share and celebrate these successes

Set a new challenge for ourselves

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Next Step

Set the Strategic Planfor 2020

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How Do We Get There?

University-wide strategic planning process

Marketing/branding a new attitude

Capital campaign

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Other Issues

I. Hay MarketII. Road Project

a. Shelby Campus: 6 yr. Road Planb. Contingency Fund Requestc. Tea Grant Request