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David Hawpe Courier-Journal

David Hawpe Courier-Journal. May 22, 2006. 1996. Issue facing community: How do we replace lost manufacturing jobs Response: Boyle Report – Plan to build new job clusters. Boyle Report. 1996 – Boyle Report/GLI Visioning Committee

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David Hawpe Courier-Journal

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  1. David HawpeCourier-Journal May 22, 2006

  2. 1996 Issue facing community: How do we replace lost manufacturing jobs Response: Boyle Report – Plan to build new job clusters

  3. Boyle Report 1996 – Boyle Report/GLI Visioning Committee Louisville needs a top research university to “unleash the potential of economic growth in all sectors of its economy”

  4. 1997 Issue facing state: How do we replace lost manufacturing, mining, and agricultural jobs Response: House Bill 1 – Postsecondary Education Improvement Act – Increase economic opportunity and quality of life

  5. House Bill 1 1997 – HB 1 The University of Louisville shall become “a preeminent nationally recognized metropolitan research university”

  6. 1998 Issue: How does U of L meet community and state mandates Response: Develop a strategic/business plan “Challenge for Excellence” 1998-2008

  7. The Challenge included U of L’s “Vision for Excellence in 2008,” which included 11 goals to be met by 2008

  8. Achieve classification as a Carnegie Research I university COMPLETED

  9. Have a national reputation for its quality undergraduate program

  10. Increased graduation and retention rates • Wall Street Journal survey named U of L one of the 30 top “feeder schools” to nation’s top graduate schools • Record number of student awards (Fulbright, Goldwater, Rotary, etc.) • Honors Program growth from 278 in 1999 to 818 in 2005

  11. Have at least 20 nationally recognized research and graduate/professional programs • 9 nationally recognized programs 2005 – several programs up for reconsideration

  12. Attain designation as a National Institutes of Health Cancer Center • Comprehensive Cancer Center application to be submitted in October 2006 • More than 15 new cancer drugs under development • Nationally sponsored research funding grew from $300,000 in 1999 to $36 million in 2005 • Cancer capital campaign topped its $41 million, five-year goal in only 18 months; campaign continues

  13. Have 75 endowed chairs and professorships in key fields COMPLETED • 54 endowed chairs and professorships in 1999 • 107 endowed chairs and professorships in Fall 2005

  14. Graduate at least 140 doctoral students per year COMPLETED • 78 doctoral graduates in 1999 • 144 in 2006

  15. Increase federal research funding to more than $40 million annually and increase total sponsored funding to $80 million per year COMPLETED • Federal research funding rose from $14.8 million in fiscal 1999 to $70.6 million in 2005 • Total funding rose from $21 million in fiscal 1998 to $98.9 million in 2005 • Fastest growth among research universities, according to NIH

  16. Increase endowment from $255 million to $500 million COMPLETED • Endowment is currently $689 million(March 31, 2006) • Endowment ranks 88th among 745 NACUBO universities; highest among Kentucky public universities

  17. Increase significantly the number of business start-ups that develop from university research activity COMPLETED • Business start-ups grew from 0 to 19 between 1998 and 2006 • Aptamera, other successes

  18. * Identify & Evaluate • LDG Sleep Therapeutics -Agreed to Partner 5/06 • Orthopedic Products -Progress toward Partnership • Medical Imaging Products -Early stages of evaluation Stage II: Prepare for Seed Funding • EndoProtech, Inc. - Received KSTC R&D Voucher Funding • InnoRem, Inc. - KSTC R&D Voucher Initiated AllTranz, LLC - Partnership Formed • AsotaBio, Inc.* • Inflamed Inc.* • 3DR, Inc. • ApoImmune Inc. • Laboratory Partners, Inc.** • PGX Labs Stage III: Prime for A Round Investment • Pradama Inc. - Raised $450K in seed funding • RhinoCyte, Inc. - Closing on $460K seed financing • Software Solutions Group Inc. - Securing significant venture capital financing • Ocular Transplantation LLC - Identifying strategic partners • Mindstreet, LLC - Proposal for partnership submitted Stage I: Create the Business • BioInformatics/e-commerce - Progress toward incorporation • ImmunoTheragnostics - Agree to partner 5/06 • ULSD Diagnostic/Therapeutic - Agreed to partnership and developed business model • Cardiovascular Device - Conceptual framework in development *InflaMed, AsotaBio (founders have moved) **Funding in Place

  19. Increase the number of patents and licenses based upon university research COMPLETED • Patents grew from 0 to 37 between 1998 and 2005

  20. Be recognized as a national leader for linking its resources to the needs of its community COMPLETED • Metropolitan College • Signature Partnership • Partnership for a Green City • JCPS

  21. We have met or exceeded 9 of 11 goals • Plan to achieve Comprehensive Cancer Center status this year

  22. We’re a much different institution today • Students from all 120 Kentucky counties • Research funding is up substantially • Student scholarship is up substantially

  23. Time to Move Ahead • Share and celebrate these successes • Set a new challenge for ourselves

  24. Next Step Set the Strategic Planfor 2020

  25. How Do We Get There? • University-wide strategic planning process • Marketing/branding a new attitude • Capital campaign

  26. Other Issues • Hay Market • Road Project • Shelby Campus: 6 yr. Road Plan • Contingency Fund Request • Tea Grant Request

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