Economic Development Part of Iowa Universities' Mission

Iowa's three public universities made the case to Iowa lawmakers that they are turning the research on their campuses into economic development projects around the state.

Legislators last year allocated $25 million from the state’s Grow Iowa Values Fund, a massive economic development fund, to the state’s Regents universities for business creation efforts.

Representatives from the universities detailed their accomplishments for members of the House Economic Growth Committee. Rep. Willard Jenkins, R-Waterloo, said he is pleased that the universities are accepting economic development efforts as one of their key missions.

This is not easy in most states. I'm glad to see there are some universities that are altering their mission statements to include economic development.

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