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South Bend Redevelopment Commission <br />Regular Meeting -June 4, 2010 <br />need of business. Purdue is expanding its <br />engineering technology program from two <br />years to four. <br />Education is more than our public school <br />system from K-12. There are a lot of <br />exciting things going on in education that we <br />don't even know exists, is available to us. <br />We need an educational asset inventory also, <br />so when the search person comes to South <br />Bend, we can say, "Look at what the children <br />of your employees can get here." We need to <br />assemble the list. <br />Some research parks are locating tech high <br />schools at their research parks. At risk kids, <br />preparing for some of the lowest jobs at the <br />tech park, but some of them go on to four <br />year colleges. <br />Tech parks are doing entrepreneurship <br />programs for high school students. BizWiz <br />in Fort Wayne mentors high school students <br />so they can develop Internet based businesses <br />and earn money. When they go off to <br />college they can continue that job. The hope <br />is that they will start and continue their <br />business in Indiana. <br />Funding is the fourth column. We've <br />invested $17.4M acquiring and cleaning up <br />Ignition Park. We have committed another <br />$SOM. There will be many, many <br />worthwhile projects for that $SOM. They are <br />not all bricks and mortar. We'll have to <br />provide tax incentives because everybody <br />else does. We are going to have to provide <br />more or different than everyone else does. <br />All localities can't all be providing the same <br />incentives. Any country which has the <br />financial capability is running toward the <br />same beacon: innovation and technology. In <br />15 <br />