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20 April 2011. Aerospace Hub Vision, Mission, Strategy. Vision: “Become the magnet for aerospace entrepreneurs, innovators, business owners seeking opportunity in a live-work-play-learn environment that fosters creativity and growth”

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20 April 2011


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aerospace hub vision mission strategy
Aerospace Hub Vision, Mission, Strategy
  • Vision: “Become the magnet for aerospace entrepreneurs, innovators, business owners seeking opportunity in a live-work-play-learn environment that fosters creativity and growth”
  • Mission: “Create jobs by combining our physical, economic development assets within the greater Dayton Region Economic Development Strategy“
  • Broader Strategy: “Develop the Dayton Region as the national center of aerospace research, development, acquisition, and commercialization”
objectives
Objectives
  • Create a magnetic environment for aerospace start-ups and small company attraction (region’s future big industry)
  • Build technology-based economic outcomes within the context of the regional aerospace vision
  • Foster the growth and vitality of a 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
slide4

Geography

  • Based on State defined attributions
    • Committed Stakeholders
    • Identified 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 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 2nd among US universities
    • 190 materials researchers and technicians
    • Wright Center of Innovation – Center for Multifunctional Polymers and Nano Devices
    • Developing Materials Innovation Center
a regional asset
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
slide7

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
Accomplishments
  • Startups/Small Businesses
    • 8 companies est’d; 2 finalizing leases
    • 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
  • Lead Development
    • GE Suppliers
    • Defense Contractors
    • Intermediaries: DTMA, Dayton Defense, Technology First, etc
  • Platforms of Success: Clusters, collaborative environments, WPAFB
  • partnerships
current future construction
Current & Future Construction
  • Tech Town - Building #3
    • Now Leasing for Summer occupancy
    • Favorable rates
    • Smart building with LEED design
    • 61,000 SF
  • UD/GE EPISCENTER
    • Research facility
    • 115,000 SF
    • Construction to begin Q2-2011
    • Move-in Date Q4-2012
investment incentives
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
investment incentives cont d
Investment Incentives Cont’d
  • Dayton Development Resources
    • Site Selection Assistance
    • SBA Financing
    • Property Tax Exemption
  • Regional Development Resources
    • Entrepreneur Signature Program
    • Ohio Job Creation Tax Credits
    • Ohio Third Frontier Technology Development Fund
  • Workforce Development Resources
    • Employment Recruitment Services
    • Ohio Third Frontier Internship Program
    • Ohio Investment in Training Program
  • Additional Resources
    • Sales and Inventory Tax Exemptions
    • R&D Investment Loan Fund & Tax Credit
    • Federal Hub Zone Benefits
discussion points
Discussion Points
  • Advance our market edge in sensors and materials while developing and converge new avenues into other opportunities (cyber, propulsion, intelligence, human performance, etc)
  • Situated to cross-pollinate b/t WPAFB and Hi-Tech Companies by capitalizing upon our entrepreneurial, business incubation environment (IDCAST, DRCC, TEC, MIC)
  • 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
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
Contact Info
  • Kerry D. Taylor, Aerospace Hub Director
    • Kerry.Taylor@OhioAerospaceHub.com
    • Cell: 937-344-8731
    • Or,
    • Office: 937-221-7626, ext 4026