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2012-045 RES DECLARING SUPPORT FOR PEDC'S APPLICATION TO USDA AND EDA RURAL JOBS & INNOVATION ACCELERATOR CHALLENGE FOR GRANT IN AMOUNT OF $715,000
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2012-045 RES DECLARING SUPPORT FOR PEDC'S APPLICATION TO USDA AND EDA RURAL JOBS & INNOVATION ACCELERATOR CHALLENGE FOR GRANT IN AMOUNT OF $715,000
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Innovation Agendas. Advanced manufacturing companies are seeking any innovation pracrice, <br />technology, tools and knowledge that improve upon their production outputs, human capital <br />productivity, and uniqvely position their products in the global marketplace, including: <br />• Robotics and Automation <br />• Information Systerns <br />. Raw Product Efficiencies (Farm-to-Market) <br />• LEAN Processes Throughout the Operations <br />• External "ldeation" through Web Portals <br />Through their vendor-supplier chains, industry trade organizations, and in partnership with <br />academic research campuses, several of the global brand companies have formed innovation <br />agendas to increase productivity and bottom line profits. In the past two years, many <br />corporations have created Open Source Innovation portals - welcoming any ideas from <br />customers, suppliers, researchers - to solve known and unknown challenges. LEAN is the initial <br />discussion point for firms. <br />Im_pact on NE Texas Region: While no research campus exist immediately in t.he region, access <br />to Texas A&M, UT, Texas Manufacturing Assistance Center, Texas State Technical College <br />provide widely regarded counsel, guidance, and possible investment of tizne, insight, and <br />resources. <br />We will pursue the following action items during grant implementation: <br />1. Establish an Innovation Hub at the existing industrial park. Train and transfer "how-to" <br />pracUices to Iocal economic developers and civic leaders across the zegion. <br />2. Support the NE Texas Manufacturing Alliance with LEAN and related ideation through an <br />alliance with the Texas Manufacturing Assistance Center (TMAC). TMAC is the MEP <br />Network supported by N1ST. <br />3. Leverage entrepreneurial endeavors to connect inventor with corporate acquisition of <br />"innovation". <br />4. Reshape the Local and Regional "Sales Pitch". For exampie, locally with "Paris" as THE <br />bxand of interest, it must be expanded upon and leveraged to its fiallest. We will make the <br />name and the place a"gIobal host" to global companies, create a giobal perspective in al] <br />materials and contacts, but be sophisticated, not cute. Training will include the latest <br />marketing and sales techn.iques. <br />5. Address the Corporate Goals, Sustainability Models, and Innovation Objectives by seeking to <br />fulfill the Performance Scorecard for Shareholder Value and Production Benefit. <br />6. Connect with the Marketplace of 15 million consurners in the four-state "region" of a 3-5 <br />hour transportation linkage including ties with DFW, Port of Houston, Texarkana, Little <br />Rock, and Oklahoma City. <br />7. Focus on Project Readiness, Incentives for Globalization, Sustainable Packaging, R&D and <br />Innovation Support. <br />8. Using highly-impressive Data Analytics and Presentarion, preview online and in real-time <br />cost comparatives, site location, resource mapping, and other "ingredients" to meet Corporate <br />GoaIs, Missions, and Objectives for 2012-2014 timelines. <br />11 <br />
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