Center for Economic Development Has New Regional Partnership

FOR IMMEDIATE RELEASE
Date: 10-16-2012

Joe Wills
Public Affairs
530-898-4143
Sandy Linville
Interim Assistant Director, CED
530-898-3857

The Center for Economic Development (CED) at California State University, Chico has been designated as a U.S. Economic Development Administration (EDA) University Center in a regional partnership with the Office of Community and Economic Development at CSU, Fresno.

The new designation will be supported by a grant of $110,000 per year for each campus’s office of economic development.

University centers are specifically focused on leveraging university assets to build regional economic ecosystems that support high-growth entrepreneurship. The partnership will focus on cultivating an economic ecosystem throughout California, with an emphasis on their combined 31-county service area of the Great Central Valley.

Through this partnership, CED’s EDA University Center will focus on economic development activities that further industry growth, job creation, entrepreneurship, innovation and commercialization in industry sectors with high growth potential, including agriculture, clean energy, health care and water.

“Through this collaborative partnership between CSU, Chico and CSU, Fresno, we will be leveraging the resources and expertise at these two California State Universities to address the many challenges facing the communities and regional economies of California,” said Dan Ripke, director of CED at CSU Chico.

“We are very excited to be designated a University Center and to be furthering an already strong working partnership with CSU, Chico,” said Mike Dozier, executive director at the Office of Community and Economic Development at CSU, Fresno. “This grant and designation will allow our two universities to provide communities and organizations throughout Northern California, from Bakersfield to the Oregon border, with economic development tools and technical assistance."

The mission of the CED at CSU, Chico is to educate and build the knowledge and capacity of California economic development professionals and enhance the well-being of the region's citizens by facilitating sustained, long-term and coordinated economic development strategies.

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