Office of Community and Economic Development

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University-Based Economic Development

Economic development and community leaders throughout the country have realized the great impact local universities have on their region's economic prosperity and quality of life.

Universities are able to partner with grassroots and other community organizations to share resources that can help improve educational systems at all levels, create jobs, nurture entrepreneurs, expand public services, improve public safety, and address issues related to homelessness and affordable housing.

The Economic Development Information Coalition in its winter 2004 newsletter Economic Development America identified six steps America's universities can take to advance regional economic competitiveness and innovations:

  1. Adopt Economic Development as a Core Mission
  2. Grow, Train, Attract and Retain the Best and Brightest
  3. Build strong Research Partnerships with Industries
  4. Promote Technology Transfer
  5. Create Entrepreneurial Ecosystems
  6. Pay Attention to the State and Regional Economic Context

California State University, Fresno, and the Office of Economic Development, in particular, have taken these steps to fully realize the community-university partnership potential.

Visit University Partners for a list of institutes OCED works with to achieve these goals.

University Business Center