Springfield's NextEdge Park lands The National Environmental Technology Incubator of Central State University.
From the Noose Son:
Environmental technology incubator coming to Nextedge
Springfield, Ohio — Nextedge Technology and Applied Research Park revealed plans to welcome an environmental technology resource organization to 'Silicorn Valley,' Springfield's technology center in a corn field, at the grand opening of the Mills-Morgan building Friday, July 11.
The National Environmental Technology Incubator of Central State University intends to lease 5,000 square feet of the Mills-Morgan building's first floor by December. Another part of the incubator will move to the Brinkman building downtown.
Technology incubators help entrepreneurial companies by providing technical and financial advice, Nextedge President Ray Hagerman said.
The Central State incubator also will provide job training to college students and encourage them to stay in the Springfield area, Hagerman said.
Bill Pardue, chief executive officer for Qbase and chairman of Future Jobs — a group that promotes science, technology, engineering and math jobs — helped to negotiate the incubator's move.
Environmental technology is important because businesses need to look for alternative fuel sources and ways to save energy, Hagerman said.
The 55,000 square-foot Mills-Morgan building cost about $8 million to complete, said Tom Franzen, economic development administrator for the city of Springfield. Current tenants in the 205-acre park, which cost about $20 million include Qbase, SAIC and Newport Spectra-Physics. It was created to draw technologically based industry to Springfield, Franzen said.
About 60 to 70 percent of the park was funded by state and federal grants, Franzen said.
U.S. Rep. David Hobson of Springfield was instrumental in creating and funding the park, Pardue said.
"We would not be here today... if it weren't for the power of one and his desire to create jobs," Pardue said.
Story here.
Saturday, July 12, 2008
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