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Wright offers relationship expertise
through Economic Development
by Sarah
R. Buchholz, Chronicle staff
ew associate director of the Office of Economic
Development Michael Wright is looking to support partnerships, teamwork
and communication among businesses in the region and between those
businesses and the University. On campus since July 2, Wright has
been getting to know "the players" in economic development
in the region.
"All of us
have to be relationship experts, so the number of our external contacts
has to be greater than if we were working on campus only. We also
have to be campus-resource experts to make links between what's
going on on the outside and what's going on on the inside that respects
the University's mission.
Wright will be working
on the Baystate Medical Center collaboration and the Public Service
Endowment Grant. He also plans to look into sustainable development
to ensure that University contributions to business and economic
development are not in conflict with the environment.
"I feel very fortunate
to have Mike Wright join us in UMass Economic Development,"
said assistant vice chancellor Jaymie Chernoff, who directs the
office. "Michael is a versatile program and project developer
with breadth of experience in regional and community economic development
and professional development for technology professionals."
Wright has a bachelor's
degree in urban and environmental studies and an MBA from Grand
Valley State University in Michigan. Over the past seven years,
he was a lifelong learning specialist at the Society of Manufacturing
Engineers, a 60,000-member organization of engineers and engineering
faculty and students. He assisted engineers and faculty with career
development and worked with companies that employ engineers.
Between 1985 and 1993, Wright was a senior economic development
specialist at the Muskegon (Michigan) Economic Growth Alliance,
where he coordinated academic, government and private-sector resources
to help retain and foster small and medium-sized businesses in the
region. While at the alliance, he ran a regional small-business
development center for two years and coordinated a strategic county-wide
economic-development planning process.
Wright said his office's
emphasis is on new technology, including venture capital for entrepreneurial
start-ups, and on building relationships among area businesses and
the University.
"In addition to
formal partnerships that exist, we're also on an informal level
fostering teamwork and communication, being a good linker,"
he said.
Every once in a while
there are reasons to work with a company that is interested in locating
nearby because of an obvious connection to the University, such
as research and development resources, he said. Although OED is
not usually in the business of marketing the area to companies,
he said, when the intellectual capital and knowledge available through
the campus is a major selling point to a possible incoming business,
it makes sense for the University to take the lead in wooing the
company.
"We want to see
what's the best way to do that and ways the University can gain
from that," he said. "We want to be providing opportunities
near this campus for students to find great-paying jobs in their
fields when they graduate and greater opportunities for our researchers
to collaborate with business and industry. I'm part of the team
trying to create those opportunities.
"Another reason
to support start-ups is that there are individuals in the University
community who, once they begin working in a particular vein, begin
to think of starting up a company. Those start small, but some of
them become major economic powerhouses. One reason we're located
in Research is to give these ideas the best chance of growing into
important companies in the future.
"We don't have
a lot of constraints on how one could approach the mission. We have
the flexibility to work on a variety of opportunities.
"And this is an
especially appropriate role for a land-grant university. People
are doing exciting, innovative things all over the state. The citizens
of the commonwealth have a lot to be proud about, knowing the University
has put its shoulder to the wheel to help make these things happen."
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