"Fredonia - The Economic Impacts of a University"
Read the study performed by the University at Buffalo's Regional Institute about the economic impact of the State University of New York at Fredonia on local, regional and state economy:
Advancement, Engagement, and Economic Development
Fredonia established the Advancement, Engagement, and Economic Development (AEED) division to facilitate and support university-community collaborations that enhance the intellectual, cultural, artistic and economic vibrancy of the region. Such collaborations include active community engagement and partnerships with local and regional organizations, governments, businesses and universities.
AEED’s mission reflects Fredonia’s commitment to the values outlined in the Power of Fredonia strategic plan: “Fredonia depends upon shared and vital networks of involvement, communication, and understanding in our relationships with one another and in our connections to Chautauqua County and the broader region. As a public, regional university, Fredonia has an important role in the cultural, intellectual, and economic growth of the region. Community engagement is valued both as a form of faculty scholarship and as an important learning experience for students. As a community that values creativity and collaboration, Fredonia relies on the diverse perspectives each person brings to campus relations and community partnerships.”
AEED works across all divisions of the university to document the level of community engagement and regional economic impact, and oversees the Fredonia Technology Incubator (FTI), the Career Development Office, and the Native American Consortium.
The Division also oversees Fredonia’s StartUP NY program, a tax free incentive program designed to attract businesses and jobs to New York State. The program offers an opportunity for regional cooperation. To maximize the economic impact of the initiative, AEED is works closely with SUNY institutions in the region, such as Jamestown Community College, to create jobs and prosperity, and revitalize the local economy. AEED also works closely with Chautauqua County Government, the Chautauqua County Industrial Development Agency (CCIDA), the City of Dunkirk, the Village of Fredonia, and our local business community.