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Title of Effective Practice: - California Postsecondary Education ...

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Direct Connection to Policy Area 1 <strong>of</strong> The Illinois Commitment<br />

Accelerating Entrepreneurship in Central Illinois: A Catalyst for Regional Opportunity<br />

Millikin University<br />

What issue or need is addressed by the effective practice?<br />

The purpose <strong>of</strong> Accelerating Entrepreneurship in Central Illinois was to engage economic stakeholders in<br />

analyzing and understanding the region’s capacity for entrepreneurship development. In doing so, a more<br />

collaborative and strategic approach to entrepreneurship development was established.<br />

Description <strong>of</strong> the effective practice:<br />

Funded by a grant from the Teagle Foundation in 2004-2005, the Center for Entrepreneurship directed economic<br />

stakeholders from seven counties to participate in a research project conducted by Advance Research<br />

Technologies. The research project focused on identifying entrepreneurial activity, public attitudes,<br />

entrepreneurship infrastructure, and high performance firms and industry clusters. Information was gathered<br />

from over 250 stakeholders. A group <strong>of</strong> regional partners comprised <strong>of</strong> forty-eight members provided oversight<br />

and assistance. Results <strong>of</strong> the research were widely shared with economic stakeholders, and discussions<br />

regarding impact, implications, and new directions were facilitated by the Center. Both the research and<br />

facilitated discussions resulted in a stronger network across the seven counties and greater regional<br />

understanding regarding economic development for entrepreneurship.<br />

How does this practice achieve sustainability?<br />

The practice is sustainable by furthering strategic discussions and fostering collaboration with regional partners.<br />

The Center for Entrepreneurship’s outreach has become more directed to the issues identified by this project.<br />

Follow-up research to determine growth and change in regional entrepreneurship development could be funded<br />

by additional grants.<br />

What are the results/measurable outcomes?<br />

Distribution <strong>of</strong> research and establishing a common working knowledge about the entrepreneurship activity,<br />

infrastructure, critical industry clusters, and gap analysis fostered clearer strategies and direction to further<br />

economic direction for entrepreneurship. Over time, the projects impact could further economic development as<br />

related to identifying, supporting, and growing entrepreneurship in the region.<br />

Contact Information<br />

Name: Sharon Alpi<br />

Email: salpi@millikin.edu<br />

Phone: (217) 424-6285<br />

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