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Campus enhancing economic development partnerships

September 28, 2010

KOKOMO, Ind. – Contributing to the economic and social development of Indiana, such as involvement with Kokomo’s Inventrek Technology Park, remains a Principle of Excellence for Indiana University and the Kokomo campus.

In his annual State of the University address delivered today (Sept. 28) on the IUPUI campus, IU President Michael McRobbie outlined six core principles that will guide the university over the next decade leading up to the university's bicentenary in 2020: ensuring an excellent education; recruiting and retaining a great faculty; maximizing research; increasing international engagement; supporting the health sciences and health care; and strengthening the university's efforts in engagement and economic development.

“IU partners with communities and regions the length and breadth of the state, providing education, expertise, innovation, and leadership for their advancement,” McRobbie said. “We facilitate access to IU resources and regularly conduct technology showcase events, business seminars, and economic outlook panels using faculty, researchers, students and subject matter experts from IU to inform policy and influence economic development planning.”

The former Kokomo Howard County Development Corporation (KHDC), in collaboration with Purdue University and IU Kokomo, established Inventrek to encourage the development of high-tech businesses by providing services and an atmosphere in which they can thrive and prosper.

IU Kokomo Chancellor Michael Harris, who attended McRobbie’s address, agrees that the campus’ involvement in the region is vital to economic growth and success.

“Our mission is to forge partnerships with the communities in our service region and provide the educational tools necessary for a highly educated workforce, which will ultimately result in drawing businesses and industries to this area,” Harris said, who is in the process of visiting all the surrounding communities to learn more about how IU Kokomo can positively impact their economic standings. “The faculty and staff at IU Kokomo are extremely committed to academic excellence and student success. Together, we can transform this region into a stronger market area with a thriving economy.

Inventrek hosts small, high-tech, joint ventures (less than 5,000 sq. ft.) between existing high-tech companies and their suppliers and customers. It is an excellent option for companies requiring a results-oriented technology partner dedicated to helping businesses realize its full potential.

Indiana University Kokomo serves north central Indiana.

Media Contact: Marie Radel
Phone: (765) 455-9468
E-mail: meradel@iuk.edu

Last updated: 08/07/2014