 |
The NDSU Research & Technology Park represents a major initiative to stimulate exported services activity in the form of university and industry research & development (R&D) activities. This information completed in October 2006 is intended to estimate the economic impacts associated with the various aspects of the park and NDSU.
| NDSU Annual Research Budget |
|
$100,000,000 |
| Annual Outlays to People or Entities in North Dakota |
|
$78,400,000 |
| Direct and Secondary Impacts Annually |
|
$234,900,000 |
|
|
|
|
| Total Economic Impact of RTP Construction Projects |
|
|
|
|
|
Phoenix International
|
|
$12,215,000 |
|
Research 1
|
|
$14,902,000 |
|
Research 2
|
|
$54,790,000 |
|
Alien Technology
|
|
$25,652,000 |
|
Candlewood Suites
|
|
$9,782,000 |
|
Center for Technology Eneterprise
|
|
$10,749,000 |
|
|
|
|
|
Total
|
|
$128,090,000 |
|
|
|
|
| Total Employment in Research Park |
|
511 |
| Average Annual Salary |
|
$51,000 |
| Estimated Annual Contributions to North Dakota's Economic Tax Base |
|
$2,600,000 |
|
|
