Professional News

UK Economic Development Collaborative Releases 2021 Annual Report  

LEXINGTON, Ky. (Feb. 15, 2022) The University of Kentucky Economic Development Collaborative (EDC) has released its 2021 annual report. The report is focused on the EDC’s bold ideas and goals that will strengthen Kentucky’s economy and improve the lives of its people.  

In 2021, the EDC concentrated on four bold ideas that agreed with the university’s strategic plan:  

  • Provide the staffing and other resources necessary for a successful Office of Business Engagement reflective of a university of the same size and scope as UK, including access to business intelligence data.  
  • Development of the UK Innovation District including co-location space for UK students/researchers and industry partners.  
  • Develop multidisciplinary institutes (an consortia) to grow UK’s impact on the Commonwealth.  
  • Create an Equity Map of Central Kentucky and focus on Equitable Economic Development.  

The 2021 goals of the EDC include:  

  • Create jobs and get more UK students job-ready for open positions in the Commonwealth.  

  • Coordinated effort with good communication across the entire campus.  

  • Increase exposure of the activities of the Economic Development Engagement areas. 

  • Continue development of physical structures at Coldstream and the main campus that increase economic output.  

To view the 2021 report and read more about the four bold ideas and goals, visit https://www.uky.edu/edc/content/2021-annual-report.  

The EDC was launched in 2019 to focus on how UK will address economic development in the areas of talent, innovation, place and partnership. The EDC also acts as an advisor for the economic development engagement areas to execute UK’s missions and strategies.  

The EDC Core Committee is made up of UK leadership from academia and administration across campus. This includes the offices of the president, the provost and finance and administration, UK HealthCare, Office for Student Success, research, Human Resources, information technology, Philanthropy and Alumni Engagement, University Relations, Office for Institutional Diversity and UK Athletics. 

For more information on the UK Economic Development Collaborative, visit https://www.uky.edu/edc/

The University of Kentucky is increasingly the first choice for students, faculty and staff to pursue their passions and their professional goals. In the last two years, Forbes has named UK among the best employers for diversity, and INSIGHT into Diversity recognized us as a Diversity Champion four years running. UK is ranked among the top 30 campuses in the nation for LGBTQ* inclusion and safety. UK has been judged a “Great College to Work for" three years in a row, and UK is among only 22 universities in the country on Forbes' list of "America's Best Employers."  We are ranked among the top 10 percent of public institutions for research expenditures — a tangible symbol of our breadth and depth as a university focused on discovery that changes lives and communities. And our patients know and appreciate the fact that UK HealthCare has been named the state’s top hospital for five straight years. Accolades and honors are great. But they are more important for what they represent: the idea that creating a community of belonging and commitment to excellence is how we honor our mission to be not simply the University of Kentucky, but the University for Kentucky.