COLUMBUS, OH, Oct. 26, 2011 – Ohio Board of Regents Chancellor Jim Petro, joined by Cleveland State University president Ronald M. Berkman, today named Cleveland State’s Center for the NextGen_Economy an Ohio Center of Excellence in Cultural and Societal Transformation. The new Center of Excellence will unite the University’s strengths in economic development, business development, and entrepreneurship to serve as a catalyst for the state’s economic transformation.
The Center of Excellence recognition of the Center for the NextGen_Economy is the second designation received by Cleveland State University and the 49th designation awarded by the Board of Regents.
“Cleveland State University is to be commended for utilizing their strengths to encourage and create economic development,” Chancellor Petro said. “The Center for the NextGen_Economy will provide the educational training to the students who will lead an economic transformation in Cleveland and the state of Ohio.”
Cleveland State has identified a need for economic transformation in order for Ohio to thrive in the current and future economic environment. According to their research, that transformation will require shrewd analysis of the current business climate, forward-looking assessments of economic development opportunities, and vital training for the state’s future leaders and entrepreneurs. The Center for the NextGen_Economy strives to be the dedicated resource that is needed.
The Center’s goal is to develop a thriving economy by promoting effective economic development policies that will lead to economic transformation and regeneration. The Center will focus on interdisciplinary academic collaboration and reflection on the way business management and economic development are practiced.
Leading the Center for NextGen_Economy will be the Maxine Goodman Levin College of Urban Affairs and the Monte Ahuja College of Business; however, the Center will also utilize resources in the College of Engineering, the Marshall-Cleveland College of Law, and the College of Liberal Arts and Social Sciences.
About the Centers of Excellence
Ohio’s Centers of Excellence position the University System of Ohio to be a magnet for talent and a leader in innovation and entrepreneurial activity. The Centers will accomplish this by developing distinct missions for each institution that are recognized by students, faculty and business leaders, while eliminating unnecessary competition for resources, students and faculty within the state.
The first five Centers of Excellence designations are specific to Ohio’s growth industries – Advanced Energy; Biomedicine and Health Care; Agriculture, Food Production and Bioproducts; Enabling Technologies: Advanced Materials and Sensors; and Advanced Transportation & Aerospace.
About the Board of Regents
The Ohio Board of Regents is the state agency that coordinates higher education in Ohio. The agency is directed by its Chancellor, who is a member of the Governor of Ohio's cabinet. The Chancellor, with the advice of the nine-member Board of Regents, provides policy guidance to the Governor and the Ohio General Assembly, advocates for the University System of Ohio and carries out state higher education policy.
Ohio Board of Regents Contact:
Cleveland State University Contact:
Name: Joe Mosbrook