STEM jobs increase by 50 percent at NDSU Research & Technology Park

STEM jobs increase by 50 percent at NDSU Research & Technology Park

The NDSU Research & Technology (RTP) Park and its companies have seen tremendous growth over the last five years according to a survey conducted by EMSI in 2010 and repeated by the RTP in 2015. As of December 2015, there were 1,105 jobs at companies located in the park and 234 jobs at RTP incubator graduate companies located around the Fargo-Moorhead area. This is a 50 percent increase over the number of jobs at the end of 2010. Additionally, the 1,339 direct jobs created by the park and its companies support an estimated 1,300 indirect jobs in the Fargo-Moorhead area.

 

The RTP has served as a catalyst for high-tech economic development in Fargo since 2000. “The Park’s goals mirror those of the State of North Dakota,” RTP Executive Director Chuck Hoge said. “Our shared mission is to diversify the economy through high-tech STEM jobs, develop the workforce and provide valuable career opportunities for North Dakota students in state.”

 

More than 50 percent of RTP and incubator graduate jobs are held by NDUS alumni.

 

Developing the workforce and valuable STEM jobs for North Dakota students is a top priority for the park and the State.

  • 60 percent of RTP and incubator graduate internships are held by NDSU students.
  • 37 percent of RTP and incubator graduate jobs are held by NDSU alumni.
  • 15 percent of the jobs are held by graduates of other North Dakota University System (NDUS) schools.
  • More than 50 percent of RTP and graduate jobs are held by NDUS alumni.

 

These jobs have an average salary of $63,614, which is 21 percent higher than the Fargo-Moorhead average income of $52,593.

 

The RTP Incubator has been home to some of the area’s most successful companies including Appareo, Intelligent InSites, Myriad Mobile and Pedigree Technologies. “We’re fortunate to have access to a rare talent pool here; some of the most passionate, brightest high-tech engineering minds in the nation,” Appareo President David Batcheller said, “we have an unwavering commitment to Fargo as our home base.”

 

For more information, contact Callie Klinkmueller, Communications and Project Manager at the NDSU Research and Technology Park. If you are interested in starting a company in the Fargo Moorhead area, contact John Cosgriff, Incubator Manager of the Technology Park, to find out if the NDSU Research and Technology Park is a fit for you.