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Institute for Technology & Business
Dickinson State University - Strom Center for Entrepreneurship & Innovation
COE Funds Distributed: $1,150,000
Amount of Match Received to Date: $185,750
Anticipated Total Match: $4,524,843
Approved: June 14, 2006
Funded: October 2006
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Purpose
The Strom Center for Entrepreneurship and Innovation - Institute for Technology and Business is focused on promoting economic development through entrepreneurial strategies to help technology-based businesses start or expand in rural North Dakota communities. By focusing on the commercial application of technology, the Institute identifies new technology-related opportunities and helps businesses adapt and implement new technologies and leadership strategies for economic growth.
This Center works to identify issues and develop solutions involving supply chain transparency, a customized manufacturing leadership program including employee communication and advanced manufacturing technology through a partnership with Killdeer Mountain Manufacturing.
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Partners
- Killdeer Mountain Manufacturing
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Project Summary & Highlights
75 supervisors attended the first course in the customized entrepreneurial leadership program in fall 2007 which is being tested at Killdeer Mountain Manufacturing (KMM). The second course will be offered in spring 2008 and will be offered to other manufacturers and businesses in the area.The Center reported that they have facilitated 95 new jobs at $2,247,171 total payroll through their partnership with KMM. The Center has supported KMM's expansion in the areas of hiring, accounting, human resources, information technology and leadership development.Boeing Corporation recommended implementing an expanded and customized leadership program. As a result, a certificate program in entrepreneurial leadership has been developed which is in the beginning process.For KMM to expand their business, stay competitive and continue to grow, DSU is developing a 2+2 Engineering Program in cooperation with NDSU.
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