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Engagement with the Commonwealth 1 PRESENTATION CONTENTS Contents - - PowerPoint PPT Presentation

Engagement with the Commonwealth 1 PRESENTATION CONTENTS Contents Economic Impact Study UVAs Role in Economic Development Industry Attraction and Retention Addressing Workforce Needs Innovation, Entrepreneurship, and


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Engagement with the Commonwealth

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  • Economic Impact Study
  • UVA’s Role in Economic Development
  • Industry Attraction and Retention
  • Addressing Workforce Needs
  • Innovation, Entrepreneurship, and Research
  • Southwest Virginia: Appalachian Prosperity Project
  • Communication Strategy

Contents

PRESENTATION CONTENTS

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UV A’s Economic Impact

The University of Virginia fuels economic growth by conducting innovative research, educating citizen leaders, and fostering academic- government-industry collaborations.

ECONOMIC IMPACT

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By the Numbers: Virginia

ECONOMIC IMPACT

UVA Economic Impacts on the Commonwealth Based on FY15 Data

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By the Numbers: Central Virginia Region

ECONOMIC IMPACT

UVA Economic Impacts on the Thomas Jefferson Planning District Region Based on FY15 Data

$4.8

BILLION

$199.2

MILLION

44,601

JOBS

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Tech h Trans ansfer + Co Commercializat ation

Economic Impact

ECONOMIC IMPACT

#1 $10 M 53

Charlottesville ranked #1 fastest growing venture capital ecosystem in the United States

National Venture Capital Association 2016

UVA invests $10 million in translation research & commercialization at startup companies Total of 53 active startup companies formed as a result

  • f UVA activity since

2006

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Figures based on 2014 Darden survey that extrapolated data received to include all alumni.

Ent Entrepr pren eneur urial Al Alum umni

Economic Impact

ECONOMIC IMPACT

65,000 60,000 $1.6 T

$395 billion in annual revenue and $279 billion in annual expenditures generated globally 60,000 UVA alumni supported, invested in, or worked for new ventures 65,000 companies created worldwide by UVA alumni $1.6 trillion in global revenue from alumni ventures

$395 B

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UV A’s Role in Economic Development

The University of Virginia fuels economic development through efforts such as industry attraction & retention; workforce needs; innovation, entrepreneurship, and research; and the Appalachian Prosperity Project.

ECONOMIC DEVELOPMENT

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  • Suppo

port Local a l and S State E e Effor

  • rts
  • Proposal development, site visits
  • Amazon HQ2
  • New business recruitment across Virginia
  • Regional Development
  • UVA Research Parks
  • GO Virginia
  • Rivanna Station – Applied Research Institute
  • Strategic Corporate Partnerships
  • Rolls-Royce Higher Education Partnership
  • AstraZeneca Translational Research for Novel Cardiovascular Therapies

Industry Attraction & Retention

ECONOMIC DEVELOPMENT

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  • Industry-relevant Curriculum
  • Skill development
  • Capstone Projects, Internships, J-term
  • Talent Development
  • Executive-format Degree Programs
  • Professional Development
  • UVA Apprenticeship Program
  • K12 Initiatives
  • Lab School
  • Technology in Education
  • Coding Academy

UVA VA A Appren entic ices eship ip P Progr gram

Addressing Workforce Needs

ECONOMIC DEVELOPMENT

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  • Industry-sponsored Research: CCAM, I/UCRCs, Clinical Trials
  • Entrepreneurship Programs: iLab, NSF I-Corps, e-Cup
  • Commercialization: Proof-of-concept and seed funds, Licensing & Ventures Group
  • Strategic Investment Fund

Innovation, Entrepreneurship, Research

ECONOMIC DEVELOPMENT

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  • Telemedicine, Health Blueprints
  • Clinch River Valley Initiative
  • Virginia College Advising Corps
  • Software Engineering Program Expansion
  • Weldon Cooper Center Planning Support and Technical Assistance

Southwest V A: Appalachian Prosperity Project

ECONOMIC DEVELOPMENT

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Suppo pport eco conomic d c development pa partners’ effor

  • rts t

to recruit a and r retai ain c compan anies i in Virginia Support VEDP/CVPED projects Partner on GO Virginia proposals Appalachian Prosperity Project Develop research parks Commonwealth Ctr for Advanced Manufacturing INOVA partnership Economic Dev policy research Diversity in STEM research Rivanna Station support/Applied Research Institute Fuel l growth t throu

  • ugh i

innovat ation

  • n, entrepreneurship, a

and r research Proof-of-concept and seed funds Licensing technologies iLab entrepreneurship Industry-sponsored research Academic Outreach Innovation Centers/Tech Village Commonwealth Research Alliance Smart Cities Initiatives THRIV Clinical & Translational Science Award Provide w wor

  • rkfor
  • rce w

with s skills lls n needed b by Industry Career center programs Curricula guided by Industry Executive-format degrees Short-courses and certificates CCAM Apprentice Academy Dual Career program Early childhood education STEM Education Business Higher Ed Forum workforce studies

Economic Development Efforts

ECONOMIC DEVELOPMENT

Table includes selected projects; not a comprehensive list 13

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ACADEMIA INDUSTRY GOVE VERNMENT NT

Rivan anna a Statio ion GO V Virgin inia ia SCH SCHEV City/Co County Tobac acco Commis issio ion Small B ll Business D Develop lopment C Center Co Company Par Partners Common

  • nwealt

lth C h Center f for A Advanced M Manufa facturi ring Ch Char arlottesville B Busin iness I Innovat ation Co Council INOVA VA St Star artups VA VA B Bio Busin iness H Hig igher E Ed d Forum Northe hern rn V Virginia T Tech C h Council St Strat ategic Co Corporate Par Partners UV UVA S Sch chools & & Un Units Healt lth S System VP f for R

  • r Research

Licen ensing & g & Ventures es G Group Acade ademic ic O Outreac ach Strategic I Inve vestment F Fund Resear arch Par Parks Appli lied R Research I h Institute iL iLab ab OpenG nGround unds Career C r Center Advanc ncement nt UVA VA-Wis ise Weld ldon C Coop

  • oper C

Center

Economic Development Partners

ECONOMIC DEVELOPMENT VA Econ

  • n D

Dev P v Partners rshi hip Univ iversit ity Bas ased E d Econ D Dev G Group APLU E Econ D Dev C Commi mmissi ssion Univ iversit ity-Indu dustry D Demonstrat atio ion P Project Virgin inia ia Economic ic D Dev A Associa iatio ion Ce Central V VA Par Partnership f for E Econ D Dev VA Coalf lfield ld E Econ D Dev A Authori hority Ch Cham amber o

  • f Co

Commerce

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UNAFRAID TO ASK Articulating our impact ARTICULATING UVA’S IMPACT

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The Office of University Communications exists to elevate the reputation of the University of

  • Virginia. We build and manage major institutional print and digital communications

platforms, social media, advertising and branded communications. Our work is focused on elevating the University of Virginia’s brand through broad, thematic storytelling across platforms that reach millions of citizens, donors, alumni, partners and peers.

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UVA TODAY

UVA Today highlights content from every school and unit on Grounds, as well as alumni profiles that illustrate the University’s

  • ngoing effect through its alumni, on the Commonwealth, the

nation and the world. UVA Today sees 414,000 monthly page views and the UVA Today ‘Daily Report’ is sent to 40,000 subscribers each morning.

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VIRGINIA.EDU

University Communications manages virginia.edu, our most prominent public platform, which receives 12 million visits a year. Content on this platform is carefully curated to highlight the University’s best scholarly achievements, showcase community and culture, and our leadership in higher education.

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ILLIMITABLE PRINT

  • MEDIUM: Premium edition bi-annual print periodical
  • OBJECTIVE: Increase perception of UVA’s scholarly

achievement, global reach, economic impact and dedication to the public good.

  • TARGET AUDIENCE: University Leadership, Alumni, Donors, Peer

Institutions (ACC, AAU, Top 25), and as a tool for key recruitment efforts.

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ILLIMITABLE DIGITAL

  • MEDIA: Premium digital content
  • TIMING: Published and pushed out 8 times per year to over

230K Faculty and Staff, Students, University Leadership, Alumni, Donors, Peer Institutions, Policymakers.

  • OBJECTIVE: Increase perception of UVA’s scholarly

achievement, global reach, economic impact and dedication to the public good.

  • REACH: Over 2M impressions to date on content.

SAMPLE FEATURES

  • Innovation and Entrepreneurship
  • Economic Impact
  • Breakthrough Nano Technology
  • Brain Institute

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BUILDING VISIBILITY

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THE ROLE OF ADVERTISING

For the last three years, we have placed advertising in the market designed to better articulate the University’s story, reinforce its contributions to the nation and the Commonwealth, and demonstrate its enduring value as one of the nation’s iconic institutions of public education. Advertising in years one and two netted 25M impressions across the Commonwealth and D.C. The first two years’ advertising is captured in the following four slides.

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UNIVERSITY OF VIRGINIA / THE UVA STORY

YEAR ONE: “ENDLESS PURSUITS”

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33 / UNIVERSITY COMMUNICATIONS / FALL 2016

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34 / UNIVERSITY COMMUNICATIONS / FALL 2016

UNIVERSITY OF VIRGINIA / THE UVA STORY

YEAR TWO: “SHARED ENERGY”

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35 / UNIVERSITY COMMUNICATIONS / FALL 2016

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YEAR THREE: “UNAFRAID TO ASK MORE”

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ARTICULATING OUR IMPACT

The next chapter of advertising is “Unafraid to Ask More.” This work will focus on the impact of the University on society, on the Commonwealth, and on the human condition, and the University’s work to:

  • solve complex challenges facing the nation and the world
  • advance knowledge and educate leaders, and
  • serve humanity and improve lives in Virginia and beyond.

VIDEO: Breakthrough research and subsequent product development that will help transform life for those living with Type One Diabetes. Note: 2-video will be played down at presentation.

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VIDEO TO BE PLAYED AT PRESENTATION

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PUBLIC PERCEPTION

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ASSOCIATIONS OVER TIME

Over the last three years there has been a notable increase in Virginians citing “quality academics” as the primary top-of-mind association for the University of Virginia.

Note: No test of statistical significance was done due to the nature of the question.

0% 5% 10% 15% 20% 25%

Strong reputation Strong reputation Strong reputation Athletics Athletics Athletics

Quality academics Quality academics Quality academics

2014 2015 2016

What is the first thing that comes to mind when you think of the University of Virginia?

VIRGINIA RESIDENTS, NON ALUMNI

Thomas Jefferson Thomas Jefferson Thomas Jefferson Medicine Medicine Medicine

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UVA ATTRIBUTES

* Statistically significant change.

Among Virginia residents, there is a statistically significant increase in the perception of UVA as an institution that “provides a top quality education” and “conducts promising medical and scientific research.”

To what extent does each of the following attributes describe the University of Virginia?

0% 10% 20% 30% 40% 50% 60% 70%

2016 2014

Conducts promising medical and scientific research Provides a top quality education

*61%

55%

*48%

41%

VIRGINIA RESIDENTS, NON ALUMNI

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SHOWCASING ECONOMIC IMPACT

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UVA TODAY NEWS CONTENT

Since December 2016, University News produced 2-3 stories a month specifically related to economic impact and entrepreneurship, with 71,000 total combined page views. This content is also delivered to all faculty and staff through the UVA Daily Report.

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DEDICATED WEBSITE

A public-facing website was created to summarize the findings of the report and to provide access to the full data for those interested. This is linked off our home page and can be found at www.virginia.edu/economicimpact To date that site has seen nearly 20,000 views.

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TARGETED OUTREACH

The Economic Impact story was the lead story sent in targeted email

  • utreach through Illimitable, our digital content push to key audiences.

Distribution was timed to be received during the 2017 legislative

  • session. Open rate among policymakers and staffers was 25%.

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SUPPORTIVE ADVERTISING

  • A supporting advertising campaign was run in Spring 2016 and Fall 2017 in

Washington Post online and select targeted digital placements.

  • TARGET AUDIENCE: Executive/A section readers, C-suite, Virginia

Policymakers, Richmond and Washington D.C.

  • REACH: Over 8M impressions, concentrated in Richmond and D.C., with

click-through rate double the benchmark.

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INSTITUTIONAL COMMUNICATION TOOLS

University Communications works closely with staff in the President’s Office and office of the EVP/COO to create a variety of communications designed to aid clear consistent messaging on complex topics.

  • OBJECTIVE: Help articulate the University’s fiscal stewardship,

commitment to affordability, use of state-appropriated funds and

  • ther topics relevant to this audience.
  • TARGET AUDIENCE: Policymakers, General Assembly, University

Leadership, Board of Visitors, etc.

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DISCUSSION

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