AUBURN – Auburn University, the City of Auburn and the Auburn Research and Technology Foundation recently signed a memorandum of agreement titled “Partnership for a Knowledge-based Strategy for the City of Auburn and Auburn University.”
The goal of the partnership is to develop and implement a strategy for recruiting knowledge-based companies to Auburn. The City of Auburn already has a strong manufacturing base and this new effort will help to diversify the local economy say university and city officials.
Auburn University and the City of Auburn have a long history of partnering on projects such as The Hotel at Auburn University and Dixon Conference Center, recent expansion of the Robert Pitts Airport and the Auburn Research Park.
Such collaborative projects have leveraged the resources and capabilities of each entity to create the infrastructure that serves to enhance the local economy and expand programs and services of the university and city.
Auburn University President Jay Gogue, who signed the memorandum on behalf of the university, said, “This initiative is expected to open more opportunities for our faculty to collaborate with industry, provide employment possibilities for our students and to provide incentives for Auburn University graduates to remain in Auburn.”
“The Economic Development Partnership of Alabama initiated this initiative after the city entered into an agreement with them to participate in their Community Partner Program,” said Phillip Dunlap, director of economic development for the City of Auburn.
“Our primary focus is on creating jobs and expanding the tax base for supporting our schools and other services provided by the city,” said Mayor Bill Ham, who signed on behalf of the City of Auburn.
Ted Wilson, president of the City of Auburn Industrial Development Board, signed on behalf of the board.
A third member of the partnership is the Auburn Research and Technology Foundation. The foundation is the university-affiliated, non-profit corporation formed to develop and operate the Auburn Research Park located on the Auburn University Campus.
“Working closely with the City of Auburn Economic Development Department, the recruiting effort associated with this initiative is expected to attract high technology businesses to the Research Park as well as to the city technology parks,” said John Weete, executive director of the ARTF and Research Park.”