Transcript 2011 Goal 2 Stakeholders Conference Presentation

The Pathway to Success
Goal 4 – Initiative 1
Programs of Distinction
The Pathway to Success
Introduction
Indiana State University's Strategic Plan, envisions a culture where its graduates are
productive citizens of the world in which they live. Through a shared commitment of
improving the communities of its students and graduates, the University has a strong
desire to address the needs of surrounding rural communities from which the majority
of its students migrate. Leadership resides in the newly established (RUEDI), to provide
engagement and research and a learning platform to improve the economic health and
stability of rural regions and small towns through collaboration with rural school
districts, external businesses, industry, civic organizations, government and academic
stakeholders.
Purpose
1.To enhance regional educational attainment by encouraging completion of high
school and post-secondary education.
2. To support existing rural commercial activity.
3. To increase new business starts.
4. To expand job creation.
5. To create, grow and attract rural entrepreneurs.
6. To raise per capita incomes in rural counties.
The Pathway to Success
Methods
The goals for realizing the full potential of the Rural-Urban Entrepreneurship
Development Institute (RUEDI) include:
1. Provide entrepreneur training and exposure to K-12 students in rural Indiana public
schools.
2. Provide a new Rural Entrepreneurship undergraduate major and minor at Indiana
State University.
3. Improve information and support services to rural small businesses in Indiana.
4. Broaden the market for locally produced agricultural products by forming regional
producer-consumer food cooperatives and networks.
The Pathway to Success
Benchmarks
Goal
Initiative
Fall
2012
Fall
2013
1
1
Engage rural school districts in the Creating
Entrepreneurs Program
H
H
H
2
1
Implement undergraduate major and minor in
rural entrepreneurship
H
H
H
3
1
Improve information and support services to
small businesses in Indiana
4
1
Broaden the market for locally produced
agricultural products by forming regional
producer food coops
Impact/Importance to Goal(s)
Fall
2010
H
Fall
2011
H
H
H
H
H
Fall
2014
The Pathway to Success
Benchmarks
Initiative Benchmarks
Fall
2010
Fall
2011
Identify rural school districts to participate in the Creating
Entrepreneurship Program
Fall
2012
Fall
2013
Fall
2014
10
10
10
100
200
Graduate students from the Creating Entrepreneurship Program
Increase the number of business starts in the rural areas
impacted by the Creating Entrepreneurship Program
20
Increase enrollment by offering undergraduate major and minor
in rural entrepreneurship
Improve satisfaction rates of services provided to rural
entrepreneurs
Increase institution’s commitment to rural economic
development initiatives of the Office of Community and Rural
Affairs (OCRA)
2
3
Develop a new producer-consumer foo cooperative
Submitted grant to United States department of Agriculture
(USDA) for grant to support development of a rural cooperative
10
10%
10
%
4
1
$225
K
10
2
The Pathway to Success
Discussion
The Rural-Urban Entrepreneurship Development Institute (RUEDI) has had some
success in a short period of time with limited resources. Through the efforts of those
associated with the initiative the following successes have been achieved.
1. Indiana State University has joined the other public institutions to promote rural
economic development by becoming a member of the Indiana Rural Roundtable.
2. Indiana State University helped plan the Indiana Rural Summit Summit in
Indianapolis in December of 2010
3. Indiana State University will host the Indiana Rural Summit at Indiana State
University in December 2011.
4. Indiana State University has joined the Education Meeting Group of the Office of
Community and Rural Affairs (OCRA) to promote economic development in rural
counties and small towns throughout Indiana.
5. The RUEDI has submitted a grant application to the United States Department of
Agriculture (USDA) to fund a rural community development in the Terre Haute area.
6. The RUEDI has submitted a proposal to Unbound Possibilities to support the
institute and is a finalist for funding .
The Pathway to Success
Summary
RUEDI's primary objective is that by 2016, in the counties impacted by the Institute,
there will be an average 10 percent increase in new business starts compared to the
rate prior to RUEDI's involvement. This will be achieved through the four programs in
the Purpose Section.
Outcomes of RUEDI's four initial programs will include an increased awareness and
comfort level by elementary and secondary school students of entrepreneurial skills and
starting new businesses. ISU will offer undergraduate students the opportunity of a
major and minor in rural entrepreneurship. RUEDI will work with groups from Indiana
and other states to define and provide programs and information to support Indiana's
rural small businesses. And, a network cooperative will be formed to match institutional
food buyers with local food producers and farmers' markets.