12 September 2011 Aerospace Hub Vision, Mission, Strategy Mission: Create jobs by capitalizing on the region s strengths in business, education, research while supported by a partnership of public and private organizations who share a common vision Vision: To revitalize Dayton s reputation as a leader in aerospace Plan: Attract entrepreneurs, innovators, business owners through a live, work, play, learn strategy focused on developing an environment that fosters creativity and growth Broader Strategy: Develop the Dayton Region as the national center of aerospace research, development, acquisition, and commercialization
Objectives Create an environment for aerospace start-ups and small company attraction Build technology-based economic outcomes within the context of the regional aerospace vision Foster the growth and vitality of the creative class Entrepreneurs Recent graduates Artists & entertainers Grow jobs across all skill and educational levels Create a long-term sustainable economic growth engine for the city and region Geography Based on State defined attributions Committed Stakeholders Identified Technology Anchors Business and Commercialization Services Workforce Development Amenities Technology/Industry Cluster Focus Dense urban environment Non-profit research institution An Attractive Live-Work-Play-Learn Environment Fostering Interaction & Knowledge Interplay
Technology Knowledge Anchors Technology Clusters: Aerospace Sensors and Materials North Anchor: Sensors (Tech Town DRCC, IDCAST WCI) Over 30 months 251 jobs and $70 million in sponsored research Winner of ORSP for Layered Sensing Cluster ($24.3M) Microcosm of the Hub Geography Tech Town Anchor Tenant Professional and Technical staff from 8 Ohio Universities South Anchor: Materials (University of Dayton and UDRI) Materials research program size 2 nd among US universities 190 materials researchers and technicians Wright Center of Innovation Center for Multifunctional Polymers and Nano Devices Developing Materials Innovation Center Tech Town Campus Technology campus: 3 Incubators, over 34 resident companies, connections w/8 universities and AFRL IDCAST: Institute for the Development and Commercialization of Advanced Sensor Technology DRCC: Dayton RFID Convergence Center TEC: The Entrepreneur Center Convergence center for emerging technologies Aerospace/Aeronautics, Sensors, RFID, Data Management, Advanced Materials Grow emerging industries & businesses Benefits of proximity & collaboration Commercialization & incubation
A Regional Asset Supports regional economic development plan Another economic development tool to attract jobs to the region Focus on aerospace, materials & manufacturing, sensors, intel Supports WP 2020 Aligns with City of Dayton economic development plan Strongly synergistic with Greater Downtown Dayton Plan The Regional Aerospace Economy $5.2 billion regional economic impact of WPAFB Materials and Manufacturing directorate - $518 million activity in FY 2008 Sensors directorate - $585 million activity in FY 2008
Accomplishments Startups/Small Businesses 10 companies est d Case Studies: Security Innovation, EWA Large Business: GE EPISCenter Dayton Region Israel Trade Alliance BIRD Foundation Grant: Stan Solutions, Adaptive Imaging IDCAST, Tiltan collaboration: Sensor visualization UDRI, Gidel collaboration: Field Programmable Gate Arrays Record of mature incubating companies City providing over $10.6M in infrastructure investments Lead Development GE Suppliers Defense Contractors thru base contract vehicles Intermediaries: DTMA, Dayton Defense, Technology First, etc Platforms of Success: Clusters, collaborative environments, WPAFB partnerships Current & Future Construction Tech Town - Building #3 61K SF Smart Building with LEED design Part of the Technology campus to develop and converge emerging technologies Enables attraction and cluster development UD/GE EPISCENTER 115K SF Fortune 500 research facility Secures Vandalia facility s future to remain competitive Construction started; Move-in Date Q1-2013
Investment Incentives Invest in the greater vision of building and creating the Aerospace Center of Excellence for Ohio and the Dayton region Access to emerging technologies evolving from Tech Town, UDRI, region Access to WPAFB AFRL, ASC, NASIC, AFMC customers & regional defense firms and forums Entrepreneurial services to educate, train, and provide venture funding to position firms for success Access to a wide range of incentives to support every aspect of your business Challenges Must speak as one voice as we collectively promote and advance the region s aerospace industry Not in conflict w/ other jurisdictions Less emphasis on geography and boundaries Take advantage of our identified clusters while developing new clusters, e.g., cyberspace Use our collective efforts to target the right set of companies and entrepreneurs Establish playground clusters by combining intellectual capital from universities, WPAFB, industry, intermediaries STEM campus Globally collaborate to tackle technology challenges; e.g., cognitive sciences Tie into WBI, CUE, Tech Town equities to work UAS and other challenges How can the Hub and potential partners collaborate and partner to provide innovative, creative technology solutions in a dynamic live, work, play, learn environment?
Summary Create an live-work-play-learn atmosphere which individuals find attractive Dovetail into existing regional economic development plans to be successful for the region as a whole Capitalize on our strong growth capacity for aerospace materials and sensors Sustain our record of working with industry to develop, transition, commercialize new technologies Opportunities for sustained funding of research and business development activities Demonstrate a competitive edge unparalleled by any other region from our assets and track record Contact Info Kerry D. Taylor, Aerospace Hub Director Kerry.Taylor@OhioAerospaceHub.com Cell: 937-344-8731 Or, Office: 937-221-7626, ext 4026