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STUDY SHOWS SUBSTANTIAL IMPACTS
The NDSU Research & Technology Park and its 19 tenants and clients positively impact economies, contribute to job creation efforts and generate revenue for local and state governments, according to a 2010 independent analysis conducted by Economic Modeling Specialists Inc., Moscow, Idaho. For a copy of the complete report click here.
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Jobs: |
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| Direct On-Site Jobs |
893 |
| Indirect Off-Site Jobs |
551 |
| NDSU Students |
138 |
| NDSU Graduates |
286 |
| Construction and Maintenance Jobs Since 2007 |
27 |
| Labor Income Since 2007 |
$8,000,000
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| Salaries: |
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Average Salaries per year (in the Park) |
$57,000 |
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Average Salaries per year (outside of the Park but in ND) |
$41,000 |
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Park Industry Wages |
$51,000,000 |
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Indirect Off-Site Wages
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$23,000,000 |
| Property Income: |
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Park Industries and Off-Site but Linked Businesses
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$28,400,000 |
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Revenue for State, Local Governments: |
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| State Government Revenues through Sales Tax, Personal and Corporate State Income Taxes and Other State Taxes, Charges, Fees and General Revenues |
$7,300,000 |
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Local Government through Property Taxes, Other Taxes, Charges and Fees
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$3,600,000 |
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Out of State Revenue: |
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Annual Revenues Originated from Outside of ND |
65-70% |
| Out-of-State Revenues in 2010 |
$101,000,000 |
| Percentage of Growth Since 2007 |
59%
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International Revenue: |
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| Percentage of Revenues from International Inflows |
8-10% |
| Revenues from International Sources |
$9,000,000 |
| Projected Revenues from International Sources in 2011 |
$17,000,000 |
| Number of Countries |
26 |
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Continents
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6 |
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Grants and Related Cash Infusions: |
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| Private and Other Grants, Venture Capital Fund and Angel Funds Since 2007 |
$15,600,000 |
| Projections for Grants and Related Cash Infusions in 2011 |
$16,000,000 |
| Percentage of Increase over 2007 |
410%
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Economic Modeling Specialists Inc. examined the years 2007-10 and made projections for 2011.
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