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
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