By Nancy Howell Agee and Dennis Treacy
Agee is President and CEO of the Carilion Clinic. Treacy is immediate Past Chairman of the Virginia Chamber of Commerce and Rector of the Virginia Tech Board of Visitors.
The secret is out.
The road to Virginia’s economic transformation begins right here in Southwest Virginia. There is a palpable sense of optimism for a better future for our region, with signs of progress visible everywhere from Wise County to Roanoke and many places in between. Our region’s localities are showing the rest of the Commonwealth how to build economic alliances and utilize our natural assets to create exciting job opportunities in our region.
The region’s natural beauty, innovations and sophisticated health care and an overall quality of life that is second to none are each part of the story of our Southwest Virginia renaissance.
And, Southwest Virginia has one other clear asset that can be leveraged even more effectively for real, meaningful and positive change: public and private higher education institutions which serve our citizens from the Cumberland Gap to the Roanoke Valley.
Higher education is one of our region’s top economic engines. According to a comprehensive recent study of the economic impact of Virginia’s public colleges and universities, our region’s six Community Colleges, UVa-Wise, Radford University and Virginia Tech are huge economic engines, contributing over $5 billion annually in economic activity which directly supports more than 20,000 jobs. That’s only part of the story!
Innovative higher educational leaders in our region are already re-writing the narrative about the role that colleges, universities and community colleges must play in the 21st century economy.
- UVa-Wise is transforming itself and its corner of our region at the same time. The former “small liberal arts college” is now bringing high-paying cybersecurity jobs to the region and providing internships to UVa-Wise students with the Center for Innovative Technology’s Cyber Accelerator program.
- Radford University’s recently announced partnership with the Jefferson College highlights the pathway for our area’s students – traditional AND non-traditional – to rewarding careers in the health services industry.
- The dynamic health, science and technology partnership among the Commonwealth of Virginia, Virginia Tech, Carilion Clinic, and its resulting economic development in the Roanoke and New River Valleys is a national success story and model for collaboration.
- Healthcare is both a human and economic issue in Southwest Virginia and Emory and Henry College has established graduate level health science programs with 255 students at a former hospital in Marion. The students are actively engaged in assisting faculty in providing care to low income, uninsured patients in a free clinic at the facility.
A recent survey conducted for the Virginia Business Higher Education Council highlighted Virginians’ overwhelming desire for Virginia’s colleges and community colleges to “step up to the plate.” Eighty-eight percent (88 percent) of those surveyed responded favorably that colleges should create more degree programs for jobs that are in high demand, expand research that generates new business opportunities and support regional partnerships that can create high-paying jobs.
Never before has the pace of social and economic change been faster. The need for bold thinking to build a new regional economy is well-established and the willingness and ability of our region’s higher education institutions to be partners and leaders in this effort is clearer than it has ever been.
Increasing the Commonwealth’s investment in higher education and our colleges accepting the responsibility to be more effectively aligned with the business needs and opportunities of the new economy are worthy goals. So, how can Virginia turn these goals into reality for our state’s citizens?
Last fall, we and many of our business colleagues from around the state launched the “GROWTH4VA” campaign. The investments and reforms we propose will help our Commonwealth realize the full economic potential of our public and private colleges:
- Promote collaboration among universities and the private sector in attracting leading researchers and grant dollars to our state and translating research into job-creating business opportunities;
- Cultivate more collaboration between business and higher education on curriculum, internships, apprenticeships, and experiential learning;
- Expand regional collaboration on workforce development and new business start-ups through the “GO Virginia” program;
- Use the community college system effectively to train workers for high-demand jobs that require industry credentials rather than degrees;
- Provide targeted educational and training programs, including online offerings, to create opportunities for returning veterans and adults with partial college credit; and
- Build upon the successes of the 2011 “Top Jobs” legislation which was unanimously adopted by the General Assembly to graduate 100,000 more Virginia college students by 2025 in high-demand disciplines including cyber security, data analytics and healthcare.
Virginians can wait no longer. The Commonwealth’s core competitive business advantage over any other state in the country is its top-performing system of higher education. Combined with a sense of bipartisan political urgency and with Virginia’s business community united as never before, now is the time to build upon our collective commitment to create a new Virginia economy that is the envy of every other state in America.