E. Dana Dickens, III

President and CEO

Hampton Roads Partnership

M&S Strategy 2020Background and Overview

Per Capita Income 1990-

2007Source: HRPDC and Bureau of

Economic Analysis

M&SEconomic

ImpactSource: ANGLE Technology

Group

FACTOR 2004 2007 % Change

Total Output $412.9m

$639.5m

54.9

Gross Regional Product

$248.0m

$408.1m

64.6

Employment 4,023 5,092 26.6

Average Annual Salary

$60,212 $82,733 37.4

Table 1.3 Economic Impacts, REMI Model Version 5.5

M&S Strategy 2020 Background and Overview

M&S Strategy 2020 Vision

Hampton Roads is the international nexus for modeling, simulation, and visualization, where industry, academic, and government organizations access the most innovative technologies for solving complex problems and making smarter decisions.

M&S Strategy 2020 GoalsGoal One: Ensure that Hampton Roads is a premiere M&S

intellectual hub where: There exists the best climate for starting and growing a business Leading M&S companies will desire to have a presence and

expand Clients needing access to this asset base will locate their

operations or partner with local providers

Goal Two: Hampton Roads is the best organized region to support the M&S community through collaboration inside the region as well as with other organizations within the Commonwealth, the nation, and internationally.

M&S Strategy 2020 Implementation

Led by M&S Leadership CouncilInvolvement is key to successVolunteer where interested

Videos

John A. Sokolowski, Ph.D.Interim Executive Director

Virginia Modeling, Analysis and Simulation CenterOld Dominion University

Regional M&S Goals and Objectives

Goal One: Ensure that Hampton Roads is a premiere M&S intellectual hub where:

There exists the best climate for starting and growing a business

Leading M&S companies will desire to have a presence and expand

Clients needing access to this asset base will locate their operations or partner with local providers

Goal One Objectives:

1. Create an environment that promotes research, development, and commercialization of M&S technology and products by government, academic, and industry organizations.

Funding for new ideas Partnering on development activities

Regional M&S Goals and Objectives

Goal One Objectives:

2. Leverage existing and build new unique assets

Utilize VMASC to its full potential Promote region as an M&S Center of

Excellence

Regional M&S Goals and Objectives

Goal One Objectives:

3. Develop the capability to expand into new market areas through collaboration and the development/expansion of new businesses, making M&S ubiquitous regionally.

Leverage local expertise and strengths (decision support, training, etc.)

Incentives for business Expand incubator program

Regional M&S Goals and Objectives

E. Dana Dickens, III

President and CEO

Hampton Roads Partnership

Goal Two Objectives:

Hampton Roads is the best organized region to support the M&S community through collaboration inside the region as well as with other organizations within the Commonwealth, the nation, and internationally.

Regional M&S Goals and Objectives

Goal Two Objectives:

1. Develop human capacity to support industry growth by expanding educational opportunities and linkages at all levels.

K-12 to PhD linkages Industry involvement

Regional M&S Goals and Objectives

Goal Two Objectives:

2. Develop and execute a strategic communications plan to expand the technology/vision base for decision support and other M&S applications.

Speakers Bureau Hampton Roads as a destination Full-time advocate

Regional M&S Goals and Objectives

Goal Two Objectives:

3. Be a voice for the M&S industry nationally and internationally.

Collaborate with other regions Representation on national and international

organizations

Regional M&S Goals and Objectives

John H. Dannon

Chairman, Board of Advisors

Virginia Modeling, Analysis and Simulation Center