Community Colleges: Entrepreneurship and Workforce Development

Community Colleges: Entrepreneurship and Workforce Development

• 1.
  Presentation to ChapelHill Delegation September 11, 2012
• 2.
  Ivy Tech CommunityCollege History: • Created by act of legislature in 1963 - Indiana Vocational Technical College • In 1999, named as partner with Vincennes University in “community college system”. Name changed to Ivy Tech State College • In 2005, named Ivy Tech Community College of Indiana. Mission of workforce development and transfer to 4-year public institutions • One statewide system, 14 regions, 23 campuses • Fall 2012 statewide enrollment of 180,000 headcount
• 3.
  Ivy Tech-Bloomington’s Role in Workforce Development & Preparation BUDGET/STAFF NUMBERS • In 2002: Operational Budget of $6.3M • In 2012: Operational Budget of $25M • In 2002: 92 full-time faculty and staff • In 2012: 201 full-time faculty and staff
• 4.
  Ivy Tech-Bloomington’s Role in Workforce Development & Preparation ENROLLMENT • 2002: 2,663 students • 2012: 6,200 students • 2002: 18 degree-seeking international students • 2012: 58 degree-seeking international students
• 5.
  Ivy Tech-Bloomington’s Role inWorkforce Development & Preparation ENROLLMENT • In 2012: Magnet campus (73 of 92 counties) • In 2002: 2 Dual Credit courses • In 2012: 66 Dual Credit courses with 678 students
• 6.
  Ivy Tech-Bloomington’s Role in Workforce Development & Preparation • FY 2011-2012 Budget $25,424,920 • Salaries & Benefits (554 full/part time) $16,698,715 • Leased Space (Liberty Drive – 2 locations) $ 452,046 • Financial Aid to students (2011) $21,912,484 • Work-study Budget $ 124,168
• 7.
  Ivy Tech-Bloomington’s Role in Workforce Development & Preparation • We provide: • Associates Degrees and Technical Certificates • Career Development Certificates and • Transfer credits to 4-year Universities • Customized workforce training & economic development • Contract training with area companies 82 • Incumbent workers trained 1093
• 8.
  Ivy Tech-Bloomington: Thriving in a University Town A COMPREHENSIVE COMMUNITY COLLEGE • Centers of Excellence that serve the community • Center for Lifelong Learning • Center for Civic Engagement • Indiana Center for Life Sciences • Ivy Tech John Waldron Arts Center • Gayle and Bill Cook Center for Entrepreneurship
• 9.
  Ivy Tech-Bloomington: Thriving in a University Town INDIANA CENTER FOR THE LIFE SCIENCES • Partnership with Monroe County Government • Hours industry partners used the training suite in 2011 for incumbent worker training 2,094 • Companies using space 33 • Equipment donated to Center from industry $553,741
• 10.
  Ivy Tech-Bloomington: Thriving in a University Town VALUE OF CIVIC ENGAGEMENT GOAL TO LOCAL ECONOMY (‘11-’12) • Individual Volunteerism (70 agencies for 22,467 hours) $489,781 • Service Learning classes( 71 sections / 2,906 students at 20,334 hours) $443,281 • TOTAL $933,062 • VITA Program $1,211,000 • TOTAL CONTRIBUTION $2,144,062
• 11.
  Ivy Tech-Bloomington: Supporting Innovation& Entrepreneurship • Established in May 2010 • Mission: to develop and implement practical tools and resources for students, individuals and the community to foster entrepreneurship at Ivy Tech Bloomington and the broader economic development region it serves
• 12.
  Ivy Tech-Bloomington: Supporting Innovation& Entrepreneurship FOR THE STUDENT • ENTR courses (launched in Fall 2011) • Career Development Certificate in Entrepreneurship • Associates Degree or Technical Certificate in Business Administration with ENTR emphasis • Non-Credit courses, workshops and seminars for individuals
• 13.
  Ivy Tech-Bloomington: Supporting Innovation& Entrepreneurship SUPPORTING BUSINESS AND INNOVATION • Small business counseling and referrals • Cook Center CEO Roundtables • Startup Weekends • Internships, service learning, & training partnerships
• 14.
  Ivy Tech-Bloomington: Partnering with Indiana University Ivy Tech Transfers: • 70% of Ivy Tech-Bloomington students are transfer bound • In 2002: 34 students transferred 498 credits to 4-year university • In 2010: 1,149 students transferred 18,342 credits to 4-year university • 2002-2010: 3,652 students had transferred 60,044 credits to 4-year university, for a savings of $13,630,000 • “Hoosier Link” program: 452 transfers; 74% retention rate