1. Impact of Research Parks
What impact will the Sam Houston State University Research Park have on the economy of Huntsville and Walker County?
Charles F. D’Agostino, President
Developmental Consulting LLC

2. SHSU Research Park: Vision
Jobs and wealth creation : Opportunities in criminal justice R&D and technology commercialization internationally
National distinction : For SHSU, Huntsville, Walker County, and Texas
Global impact : On law enforcement and criminal justice while improving environmental sustainability
A nexus between criminal justice, crime prevention, forensic sciences and law enforcement to create new products and services for markets that benefit the university, the region and impact the world

3. Research Park Concept
Communities generating innovation, technology and knowledge
Growth of existing companies
Creation of new companies
Commercialization of intellectual property from SHSU
Net Result: Generation of Jobs, Income and Economic Development for the Region

4. What does a SHSU research create?
Unique Environment for the Intersection of University, Industry and Government
University
Government
Industry

5. a park’s dynamic nature
sweet spot...
aka SHSU research park
academic
programs
real estate and
business development
moving through time

6. “Have these moving in and not moving out”
Goal of the SHSU Research Park (keeping graduates in Huntsville and recruiting other talent to the region)
“Have these moving in and not moving out”

7. Mutual Benefits of a Research Park in a Community
For the University:
Research grants and sponsored research opportunities
“Real World” problems and industry expertise
Equipment
Business leaders as adjunct faculty
State of the art facilities
Opportunities for faculty consulting, recruiting & retention
Internships and career opportunities for students
For Industry / Government:
Access to state-of-the-art expensive equipment
Sponsored research opportunities – Access to University
Faculty as consultants
Students
Commercialization expertise – patenting, tech transfer, marketing
Libraries, facilities, cultural & sporting events

8. Battelle Study Employment impact: 750,000 jobs
North America: 47,000 acres
124 million square feet
300,000 workers in the parks
2.57 economic multiplier
Employment impact: 750,000 jobs

9. Purdue University Research Park Impact
$1.3 billion annual impact
$48 million in tax revenue
$63,000 average annual salary
research parks: where government, industry, and academia work together

10. Impact of University Research Parks Case Study
Number of Firms
Total Economic Impact $
University of Arizona 40
$550,045,090
Stanford Research Park
150
$2,683,079,950
Purdue Research Foundation
138
$194,454,400
Virginia BioTechnology Research Park 53
$124,547,760

11. LBTC Impact LBTC Overall Impact [Jan 1999 – Jan 2011]
LBTC Overall Impact [Jan 1999 – Jan 2011]
$145,325,241 in equity, grants and loans
Amount of purchases or labor spent in the area >$56.7 million
5,864 businesses & entrepreneurs received technical and management assistance
3,297 business or marketing plans developed
529 businesses started after receiving assistance; creating or saving at least 9,494 jobs
378 training events for 20,071 participants
Update numbers for 2005

14. LSU Business Incubator (LBTC) Economic Impact
32 Incubator Tenant Companies
Creating 155 jobs in Baton Rouge
Annual Payroll of $7,750,000 ($50,000+)
142 Graduated Tenant Companies
2,308 jobs created since 1988
116 still in business
$13,800,000 annual payroll
= 80% success rate, with 90% still operating in area
LSU E. J. Ourso College of Business LBTC

15. Current Activity at LSU Innovation Park
Louisiana Business & Technology Center – 2005 National Incubator of the Year – 32 businesses -155 jobs
LSU Center for Bio-modular Multi-scale Systems
The National Center for Biomedical Research & Training (NCBRT)
The Louisiana Army National Guard and Disaster Response Center (220,000 s.f. headquarters on 50 acres)
Electronic Arts (EA Sports) 350 game developers
LSU Small Business Development Center (LBTC)
Louisiana Technology Transfer Office (LBTC)
Business Emergency Operations Center (BEOC)
$32,000,000+ annual payroll and $70+ million in purchase power
600 + jobs at the Park accounting for 1,542 indirect jobs

16. North Dakota State University Research & Technology Park, Fargo, ND
55acre park
19 companies in the park accounting for 893 direct on site jobs and 551 indirect jobs
Average salary of park employees $57,000
Annual labor income exceeds $51 million in direct jobs and $23 million additional for indirect jobs
NDSU generates $3.6 million in local government revenues annually and $7.3 million is state government taxes

17. University of Arizona Tech Park
Celebrating 15 years of Innovation
40 companies with 7,000 plus jobs
15 miles from the University of Arizona in Tucson
Vail Academy and High School is located on park property
Park focus: Renewable energy, sustainable technologies, optics, aerospace, and border technologies
Companies include: Raytheon, IBM, Canon, Medipacs, NP Photonics, BioVidria

18. SHSU Research Park Use Breakdown by Acre (estimated in master plan)
SHSU university related buildings – 48 acres
Texas Department of Criminal Justice – 5 acres
Corporate and R&D companies – 55 acres
Retail/mixed use/hotel – 12 acres
Open space – 10 acres
Total Development – 2 + million square feet
Construction value at build out can exceed $200 million
SHSU CJ units and other development in the first five years can generate 420 direct jobs and 585 direct, indirect and induced jobs

19. SHSU Academic and Outreach Programs that can utilize the Research Park
Correctional Management Institute of Texas (CMIT)
Law Enforcement Management Institute of Texas (LEMIT)
Southeast Texas Applied Forensic Science Facility (STAFS)
Forensic Sciences & Forensic Chemistry
Texas Research Institute for Environmental Studies (TRIES)
Institute for the Study of Invasive Species (ISIS)

20. What’s in it for Sam Houston State University?
Expansion of campus providing space to grow *****
Facilitates the economic development mission of the university
Development of teaching labs for faculty and students
Creates a place for university funding opportunities, grants and joint venture projects with industry
Provides resources to small businesses and entrepreneurs in the area and at the university
Creates an image of entrepreneurism for SHSU and Huntsville
Creates jobs and economic stimulus for the area
Bolsters the local tax base and diversify the local economy
Provides entrepreneurial training and executive education
Creates wealth that can return to the university in donations, endowments and sponsorships

21. The Value of SHSU Research Park to Huntsville and Walker County
JOBS JOBS JOBS JOBS
Increased tax rolls – property, sales, etc
Creation of demand for retail and wholesale goods and services
Creation of demand for amenities and recreational programs
Attraction of new business & industry to the area
Stimulation of current businesses in the area
Retention of SHSU student after graduation
Increase demand for local housing

22. COMMUNITY BENEFITS CREATE, RETAIN & RECRUIT BUSINESSES
Increased employment
High-paying jobs
Increased tax revenue
Diversification of the economy
Supporting technology based economic development
Enhancing the community’s image as a business friendly
Environment
CREATE, RETAIN & RECRUIT BUSINESSES

23. Questions? Charles F. D’Agostino, President Phone: 225-921-0900
Developmental Consulting LLC
Executive Director of Louisiana Business & Technology Center
Director of LSU Innovation Park
Acting Director of LSU Stephenson Entrepreneurship Park
Louisiana State University
Phone: