About Black Hills Vision
Black
Hills communities in western South Dakota have a vision of creating an
opportunity environment that will bring together prospects of technology-based
economic development.
"Every rural community needs to recognize
working together is more powerful than working alone," Mark Merchen,
Chairman of Black Hills Vision explains. "Regional rural
economic development is the new way of getting things done. The Center
for the Study of Rural America, a division of the Federal Reserve's Kansas
City branch, has recognized the Black Hills Vision as a unique approach
for rural regional economic development - a topic in which they have been
studying extensively for several years."
Merchen, an economic development professional
for the West River Electric Association, is Chairman of Black
Hills Vision, which works in partnership with local economic development
corporations in the Black Hills to help create opportunities - primarily
in technology research - for the region.
Mike Derby, Immediate Past Chairman of the Black Hills Vision Board of Directors, says the regional approach to economic development is important. "It's helped bring together communities throughout the Black Hills," Derby explains.
Uniting
Innovators & Entrepreneurs
in the Technology fields
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Check presentation (pictured
left to right are Dr. Mel Ustad, Jafar Karim, Dr. Kathleen Allen,
Dr. Timothy Stearns, Will Joseph and Mike Derby). |
In 2003, the Rapid City Area Chamber of
Commerce, Rapid City Area Development Partnership and Black Hills Community
Economic Development started a fundraising venture to raise $3 million
for regional economic development initiatives. This included creating
and retaining jobs at Ellsworth Air Force Base, expanding air service
markets for new tourist and business travelers, operating a business incubator
at the South Dakota School of Mines and Technology campus, creating a
technology corridor opportunity environment, and providing and promoting
technology opportunities at the Homestake Gold Mine in Lead.
From that fundraising effort, the need
to work together as a region emerged which led to the creation of a non-profit
corporation, the establishment of a Board of Directors as well as an investor
council. Currently, Black Hills Vision has over 110 contributors representing
every Black Hills community, the four Black Hills counties, and
many leading banks, utilities and businesses. The vision is to create
7,500 new jobs, $750 million in new capital investment, 15 new technology-based
businesses, assistance for home ownership for 400 low-income families,
and a 20 percent increase in air traffic.
A public meeting in 2003 hosted by the
Western Research Alliance prompted the Black Hills region to consider
a concept that follows a model started by Oak Ridge, Tenn. In 1983, Governor
Lamar Alexander recommended the creation of the Tennessee Technology Development
Authority. This became the catalyst for the Oak Ridge Technology Corridor
which is now home to more than 1,000 technology-based businesses and organizations
centered around the Oak Ridge National Laboratory, the University of Tennessee,
the National Transportation Research Center and other institutions near
Oak Ridge, Tennessee.
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The Investor Reception took place on June 15, 2006 at the historic Homestake Mansion. Replicas of the "Spirit" award were presented to investors as a way of thanking them for their continued support of BHV. |
Almost 20 years later, in July 2003, the
development of a road map to a Black Hills Technology Corridor was developed.
The vision was to create the Black Hills Technology Corridor, which would
be home to more than 1,000 technology-based companies in the Black Hills
region.
The Black Hills Technology Corridor Roadmap
proposes to link technology assets to new market opportunities, identifies
the gaps that must be addressed, and the needed investments in three different
time frames - near, mid and long-term. The ultimate goal would be the
creation of good, well-paying jobs and retention of a workforce for the
growing technology companies.
"Our goal is to diversify our economy
around technology-based economic development and the core competencies
that Battelle identified that we had in our region, such as our natural
minerals, technologies at our universities and our private sectors,"
Merchen says. "The primary competencies are nano technology, nano
materials, and materials technologies like sensors."
Black Hills Vision retained Battelle
Technology Partnership Practice, a division of Battelle Memorial Institute,
a major research-based non-profit organization, to do an assessment of
the region and to identify opportunities in technology-based economic
development as well as to develop a strategic plan to take advantage of
those opportunities. Battelle Technology Partnership Practice, headquartered
in Columbus, Ohio, serves industry and government in developing new technologies
and products.
Bob DeMersseman, president of the Rapid
City Economic Development Partnership, one of the founding organizations
of Black Hills Vision, says the vision began as a capital campaign trying
to identify issues common to the Black Hills that could be addressed as
one.
"I'm very encouraged that we've come
up with some very workable activities," DeMersseman says. "It's
really challenging trying to add to the economic basis of the region through
high tech manufacturing and researching."
DeMersseman explains that the hope of the
Black Hills Vision is to create a real dynamic in the economy. "We
are blessed with a diverse economy now," he adds. "We're just
trying to develop another sector that has the potential to attract research
because of our quality of life and South Dakota Tech."
"This
will definitely work," says Jim Doolittle, executive director
of Black Hills Community Economic Development, a regional economic development
organization that provides technical assistance, loan programs and support
to communities and small businesses involved in economic development activities.
"We need to diversify the economy. This is something we've needed
for a long time."
Doolittle adds that there is momentum and
support for the Vision. "I think this is the first time we've had
that type of widespread support from throughout the region," he explains.
"There's a lot of excitement over the potential that is going to
happen over the next few years."
In 2006, a 40,000 square foot incubator
will be operational on the South Dakota School of Mines and Technology
campus. It will include a one-stop shopping of professional resources
including the Rapid City Economic Development Partnership, Governor's
Office of Economic Development representative, and representatives from
the Small Business Innovation Research, Small Business Development Center,
and Genesis Equity, a small venture capital group. There will also be
space available to provide various services related to economic development.
The remainder of the building will be used for tenants.
Black Hills Vision is also partnering with
the State of South Dakota. "Our technology-based economic development
efforts are inspired by the Governor's 2010 Initiative, which seeks to
create a national presence for research and development and commercialization
for the state," Merchen says.
One portion of the 2010 Initiative was
to create Centers of Excellence at the state's universities. One of those
Centers of Excellence is centered on technology at the South Dakota School
of Mines and Technology. As part of expanding the vision, funding
was put together as a partnership between Rapid City Economic Development
groups and the Governor to help the School of Mines purchase a state of
the art piece of equipment (Nano-Manipulator) on campus. Skilled technicians
will be able to use the manipulator to test circuits for miniature electronics
that include palm pilots and instrumentation used in aeronautics.
Nanotechnology covers many areas of research
dealing with objects measured in nanometers. A nanometer is a billionth
of a meter, or a millionth of a millimeter. A human's hair diameter measures
about 200,000 nanometers. School of Mines students have opportunities
to participate in nanotechnology-related research. The university now
has a Ph.D. program in Nanoscience and Nanoengineering.
(Source: By Alan Van Ormer)
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