The Economic Development Partnership works with the NC Department of Commerce, Research Triangle Regional Partnership, Research Triangle Foundation, Wake County Economic Development, Raleigh Economic Development, and other partners to foster economic growth and job creation.
To achieve these goals, the Economic Development Partnership:
- recruits new business and industry to NC State’s Centennial Campus, as well as the region and state, and assists organizations interested in expanding here;
- cultivates relationships and provides critical connections to local and statewide resources and partners, including University researchers and scholars;
- assists companies with talent location, workforce preparedness, and educational programs; and
- helps rural and underdeveloped areas leverage University and state assets to grow their local economies.
The Economic Development Partnership also works across the University of North Carolina system to support new, emerging, and critical industry clusters such as advanced manufacturing, aviation and aerospace, biotech, defense and homeland security, nonwoven textiles, and sustainable energy/green technologies.
An excellent example is the work being done in the nonwovens textile industry, which has generated $3.5 billion in sales over ten years and created as many as 25,000 jobs (Triangle Business Journal, July 8, 2011). Twenty companies have invested in nonwoven textile facilities in North Carolina, many in rural areas in need of jobs. The reason? The Nonwovens Institute at NC State, a resource and asset that attracts companies to North Carolina from around the world. The Economic Development Partnership is a significant player in the growth of this and other industry clusters critical to the state’s future economic success.
How NC State is Helping Drive Economic Development: Global Technology Company Announces 2,000 Jobs in North Carolina
NC State collaborates with economic and workforce development partners to provide customized solutions
NC State University was founded with a purpose: to create economic, societal and intellectual prosperity for the people of North Carolina and the country. That mission carries on today, and is the underpinning of how NC State students, faculty and staff take problems in hand and work with industry, government and nonprofit partners to solve them.
NC State’s Economic Development Partnership works closely with partners across North Carolina to help recruit companies to the state and develop high-paying jobs, while also providing valuable opportunities to students. So how do these opportunities come to fruition? NC State’s role as a catalyst, partner and key resource for economic development can be seen in a global technology company’s recent commitment to create 2,000 jobs in North Carolina.
Infosys, a global leader in consulting, technology and next-generation services, recently announced that it will open a Technology and Innovation Hub in North Carolina and hire 2,000 American workers in the state by 2021.
The investment in North Carolina reinforces Infosys’ commitment made in Indiana recently, to open four Technology and Innovation Hubs nationally and hire 10,000 American technology workers over the next two years. The 2,000 new hires in North Carolina will include recent graduates from the state’s prestigious network of colleges, universities and community colleges, including NC State University.
To support this project and ensure a coordinated strategy, NC State’s Economic Development Partnership collaborated closely with economic and workforce development partners across the state, as well as within the University. Economic and workforce development partners included the NC Department of Commerce, the Economic Development Partnership of North Carolina (EDPNC), Wake County Economic Development (WCED), the North Carolina Community College System and Wake Tech Community College. Across the University, the Career Development Center, Alumni Affairs, the Computer Science Program and the Institute for Advanced Analytics all played key roles in showcasing NC State as a leader in technology innovation and experiential learning. NC State provided Infosys with student profiles as well as information on tailored curriculums and customized resources including internships, co-ops, externships and the Hire NC Alumni Career Fair, an annual event hosted by NC State that creates opportunities among employers, universities and alumni.
Read the announcement from the Governor’s Office.