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PURDUE Center for Regional Development

PURDUE Center for Regional Development. ______________________ April 16 ~ 17, 2008 Indianapolis, IN Workforce Innovation in Regional Economic Development Speakers: Pete Ruthenburg, Southwest Indiana WIRED Mark Smith, North Central Indiana WIRED

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PURDUE Center for Regional Development

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  1. PURDUECenter for Regional Development ______________________ April 16 ~ 17, 2008 Indianapolis, IN Workforce Innovation in Regional Economic Development Speakers: Pete Ruthenburg, Southwest Indiana WIRED Mark Smith, North Central Indiana WIRED Dustin Stohler, General Counsel, Indiana Dept of Workforce Development

  2. Workforce Innovation inRegional Economic Development WIRED

  3. The WIRED Initiative • Launched in November 2005 by the DOL-ETA • GOAL: • Create effective regional economic development strategies • CRITICAL Component: • Talent Development • Build a globally-competitive workforce

  4. Brings together diverse groups: • State, local and federal entities • Academic institutions (including K-12, community colleges and universities • Investment groups • Foundations • Business and industry

  5. Currently, there are39 WIRED Regions

  6. 2 Regions are in Indiana

  7. WIRED 1st Generation • In February 2006, DOL - ETA announced 13 regions that comprise the WIRED 1st Generation. 1st Generation WIRED Regions were awarded $15 million over three years to revitalize their local economy.

  8. WIRED 2nd Generation • In January 2007, these regions became the 2nd Generation Regions. • Each region received $5 million investment over a three year period.

  9. WIRED 3rd Generation • Thirteen additional applications were selected in June 2007 and will receive a $5 million investment over a three year period. • There are no 3rd Generation WIRED regions in Indiana.

  10. 1st Generation Mark Smith, Project Administrator 2nd Generation Pete Ruthenburg, Project Lead

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