The Role of Community Colleges in Economic Success

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Transcript The Role of Community Colleges in Economic Success

Steve Griffitts, President
Joe Dunlap, Ed.D., President
Jobs Plus – Mission
To expand and diversify the
economic and employment base of
Kootenai County while
maintaining the quality of life
synonymous with Kootenai County
North Idaho College – Mission
To meet the diverse educational needs
of students, employers, and the northern
Idaho communities it serves through a
commitment to student success, educational
excellence, community engagement, and
lifelong learning.
Idaho Community College Mission
Community colleges are an integral and vital component
of higher education in Idaho. Idaho community colleges
provide the citizens with high-quality, accessible,
affordable, educational opportunities that minimize
barriers to post-secondary education, maximize student
success, develop a competent workforce, and improve
the lives and well being of the people in the state and
communities they serve.
The purpose of the relationship
between North Idaho College
and Jobs Plus is to fulfill the
mission of improving the
quality of life in North Idaho.
Principles of Economic Development
 Improve quality and wealth of a community
 Compelling vibrant vision
 Workforce development
 Flexibility
 Be proactive – deliver what you say you will
Role of Community College
 Traditionally recognized for vocational education and
fulfillment of job training
 Today widely recognized for providing:
 management and technical assistance for new
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and small businesses
tech-prep programs with high schools
cooperative education programs
partnerships with states in economic
development activities
contract or customized training for industry
 Future roles
Economic Development Examples
 Internally driven
 College of Aviation Science, Western Michigan
University
 Externally driven
 Avista Entrepreneurship Program
 Partnership driven
 Aerospace Center of Excellence in Aviation Maintenance
and Advanced Manufacturing
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$3 million grant
More than 500 new jobs by 2015 – average salary of $43,500
$28.8 million annual impact to the local economy
Jobs Plus Strategies
 Retaining quality companies already operating in
Kootenai County
 Recruiting companies to our area that sell on a
national or international basis, are not location
dependent, offer strong wages and benefits and are
respectful of our environmental concerns
 Reduce property tax in communities
Jobs Plus Impact
 93 Companies Since 1987
 5,445 Jobs Created
 $54 Million in Property Taxes Paid
 2011
 $4.9 Million in Property Taxes Paid
 Five Companies
 Job Retention/Existing Companies
Jobs Plus Impact
 Overall Job Growth (Feb. 2011 to Feb. 2012)
 2,200
 Diverse Sectors
• Healthcare
• Wholesale Trade
• Manufacturing
• Construction
• Leisure & Hospitality
• Professional & Business Services
North Idaho College Strategies
 Improving access
 E-learning
 Dual credit
 Alignment
 Partnering with business and industry
 Collaborative efforts of Idaho community colleges
 Accountability
 Engaging community stakeholders in strategic planning
North Idaho College Impact
 Benefit/cost ratio for taxpayers 1.5
 includes students’ ultimate investment in region as
wage earners
 Faculty and staff (employees) investment in the region
 Spending by students from outside the region
 Higher income of former students who are still active in
the regional workforce
 Overall annual economic impact for region - $164 million
North Idaho College Impact
 Enriches the lives of students
 Increases students’ lifetime income
 Generates government revenue
 Reduces the demand for social services
 Contributes to the growth of the economy
Drivers Impacting the Economy
 Coeur d’Alene Tribe
 2,700 Employed
 $309 Million Economic Impact
 Millions Invested in Expansion
 Kootenai Health
 1,892 Employed
 $275 Million Economic Impact
 Manufacturing Leadership
 7,000 Employed
 $42 Million Annual Wages/Benefits
Drivers Impacting the Economy
 Aerospace Cluster
 Empire Airlines
 326 Employed
 Hagadone Corporation
 2,300 Employed
 Tens of Millions in Investment in 2011
 Solarwinds (Tri-Geo)
 Security Software
 Infancy to Sale
Questions