Park tenants have doubled over the last decade, and the not-for-profit corporation plans a 100-acre expansion in 2012. More than $135 million in direct economic activity grows to $202 million in goods and services, $65 million in labor, and about 1,390 jobs when supplier activity is added and it ripples into the state’s economy. Turning research discoveries into cutting-edge products often begins at the ISU Research Park, where more than 60 companies are currently receiving start-up assistance. Research Park boosts economic development ISU channels $1.5 billion into the state economy annually, more than six times the state’s appropriation.Of Iowa State’s $1.069 billion total budget, only $236 million (22%) comes from State of Iowa appropriations.“They’re absolute pros.”Ī National Science Foundation study calls Iowa State University a technology licensing “powerhouse.” What does that mean to Iowans? It means that the research and discovery at Iowa State translates into new businesses, employment growth, and economic development for the state. “We’d have never made it off the ground with any degree of efficiency or accomplishment ,” he said. But John is quick to give credit to the Institute that helped launch the business. The Guinans employ 70 people to run the vineyard, winery, restaurant, event space, and sales. Santa Maria Winery opened in Carroll in 2009 and has become, by all measures, a huge success. “Murli was indispensable,” John said, “and Mike White was instrumental in getting us the details on everything we’d need. The Guinans then attended classes taught by Institute director Murli Dharmadhikari and later asked him to critique their first wines. “We talked to at least 25 wineries,” John said. They also heeded his advice: Spend your first $1,000 on traveling across the Midwest and learning as much as you can. The Institute conducts research on growing cold-hardy grape varieties, helps Iowa winemakers make better-tasting wine, and offers outreach programs and specialized workshops.īefore planting their first grapes in the fertile Iowa soil, John and Rose Guinan, owners of Santa Maria Winery in Carroll, approached Iowa State’s Mike White, viticulture field specialist, for help with their business plan. Iowa’s 90-plus wineries and 300 vineyards are thriving in large part because of the experts at Iowa State’s Midwest Grape and Wine Industry Institute. In its people, its research, its economic development, its community support, and in all those intangible “value added” services, Iowa State University is making life better for Iowans. And Iowa State supports Iowa farmers whose work makes a multi-billion-dollar impact on the state’s economy. The university’s $342 million in external grants and contracts last year maintained a strong focus on practical research applied to meeting the needs of Iowans. Extension also assisted more than 1,100 Iowa companies and added or retained more than 5,000 jobs. Nearly one million Iowans were served last year through ISU Extension and Outreach programs. Iowa State educates more Iowans than any other university in the state. Iowa State’s global reach – to create, share, and apply knowledge to make the world a better place – is legendary.īut at the heart of Iowa State University’s land-grant mission is its unwavering commitment to serve and educate the people of Iowa. Its faculty and staff participate in research shared with a national and international audience. Iowa State University educates nearly 30,000 students each year, from all 50 states and 106 countries.
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