nga – western regional competitiveness forum april 5, 2002 8:30 am – 10:00 am
TRANSCRIPT
Industry ClustersIndustry Clusters
2/3 – Local Clusters Local firms that serve local customers Average Wage - $26K
1/3 – Trading Clusters Average Wage - $42 K This is where Innovation is This is where Growth can occur This is where Wealth is created
Kentucky Innovation Regions
Kentucky Innovation Regions
Fulton
Hickman
Carlisle
Graves
Ballard
McCracken
Calloway
Marshall
Livingston
Clay
HarlanKnox
Whitley
Letcher
PikeFloyd
Knott
LeslieLaurel
McC
rear
yWayne
Pulaski
Roc
kcas
tle Jackson
Russell
Casey
Lincoln
BoyleGarrard
Martin
JohnsonMagoffin
Lawrence
Boy
d
Carter
Elliott
Morgan
Rowan
Wolfe
BreathittLee
Owsley
Perry
Menifee
BathMont-
gomery
Powell
Estill
GreenupLewis
Fleming
MasonRobert-
son
Brack
en
Harrison NicholasPendle-ton
Bourbon
Campbell
Kenton
Grant
Boone
GallatinTrimble
Carroll
OwenHenry
Oldham
Shelby
Frank
lin Scott
ClarkFayette
Jessa-mine
Madison
Wo
odford
Ander-
son
MercerWashing-
ton
Spencer
Nelson
Jefferson
BullittMeade
Hardin
Hancock Breckinridge
LarueMarion
TaylorGreenHart
Adair
Clinton
Cum
berlandMonroeAllen
Barren
Metcalfe
Warren
Simpson
Logan
Grayson
Edmon-son
Butler
Ohio
DaviessMcLean
Muhlen-berg
Hopkins
Webster
Henderson
Union
Critten-den
Cald-well
Lyon Christian
Trigg ToddBell
CincinnatiCincinnati
St. LouisSt. Louis
NashvilleNashville
South CentralSouth Central
North CentralNorth Central
EasternEastern
WesternWestern
Key Elements of the Strategic Plan
Key Elements of the Strategic Plan
Commercialization
R & D
Workforce
R&D Funding GoalsR&D Funding Goals
The University of Kentucky and the University of Louisville will increase federal and other extramural (non-
institutional) annual research expenditures from $173 million in
2000 to $500 million by 2010 and to $1 billion by 2020.
Technology Clusters
• Human Health and Development
• Biosciences
• Information Technology & Communications
• Environmental & Energy Technologies
• Materials Science & Advanced Manufacturing
Opportunity AreasOpportunity Areas Kentucky Center for Natural
Products
Center for Cardiac Assist Devices
Kentucky First
Kentucky Visioning Center
Energy and Environmental Consortium
Rural Business Building Initiative
Safety and Security
Industry Cluster FormationIndustry Cluster Formation
Technology Clusters
I. Human Health and Development
II. Biosciences
III. Information Technology and Communications
IV. Environmental and Energy Technologies
V. Materials Science and Advanced Manufacturing
Opportunities
1. Natural Products Center
2. Center for the Development of Circulatory Assist Devices
3. Kentucky First
4. Kentucky Visioning Center
5. Kentucky Energy and Environmental Consortium
6. Safety and Security
7. Rural New Economy Business Building Initiative
NewEconomyIndustryClusters
Executive Director provides support services
Northern Kentucky
The Kentucky Innovation and The Kentucky Innovation and Commercialization Center (ICC) Commercialization Center (ICC)
ModelModel
Louisville
Lexington
Central
EasternWester
n
Commonwealth Seed Capital FundState Investment
$10 million
Private Venture Capital Firm
Statewide Investment Group
Private Venture Capital Firm
Statewide Fund$6 million
Eastern Region$500,000
Western Region$500,000
South Central Region$500,000
Life Science Fund$2.5 million
Role Models Program“Kentucky can win at other things besides
basketball.” --Lee Todd, President, University of Kentucky
Governor’s Young Entrepreneurs Competition
Scholarships to attend Ernst and Young Entrepreneur of the Year Award
Assessing Kentucky’s High-Tech Infrastructure
Assessing Kentucky’s High-Tech Infrastructure
Statewide assessment of Kentucky’s network infrastructure, access, and usage.
Connect entucky