Last week, the East Carolina University (ECU) in a press release statement, announced that it’ll, in its attempt to drive economic disparity in the region, launch an effort in March 2019 to harness big data.
The university organized a roundtable luncheon, where more than 100 industry and community leaders gathered, where Jay Golden, ECU’s Vice Chancellor for research, economic development and engagement, revealed the ECU Economic Growth Collaboratory vision.
According to Golden, the university will eventually be seen as a national model of active engagement with community & business leaders to create the organizational strategies, investments, and policies that will help in the growth of existing businesses, and also create a new generation of homegrown companies throughout the region, along the way.
The university’s planned collaboratory facility will be based on the Millennial Campus under development on the new 10th Street corridor, and will gather industry, economic development, academic and community leaders in a collaborative process, allowing up to 50 participants to utilize the space to develop new ideas and pave way for new opportunities to promote economic growth.
Participants will have access to big data information, analytical tools, and approaches developed by ECU researchers in the sciences, engineering, business, education, and health fields. The press release further mentioned that the collaboratory’s main focus will be on the development of powerful new approaches, by leveraging the big data and analytics tech with visualization and community-wide collaboration to pave way for new economic growth opportunities.