Nebraska Innovation Campus

 

Authors

Date of this Version

2019

Document Type

Article

Abstract

Nebraska Innovation Campus (NIC) is connecting the talents of experts, companies and the university to create a unique culture of innovation. NIC is a campus designed to facilitate new and in-depth partnerships between the University of Nebraska and private sector businesses. NIC is adjacent to the University of Nebraska–Lincoln and strategically provides access to research faculty, facilities and students.

Annual impact & returns: $324.1 million economic impact from the operation and investments of business, organizations and conferences located at NIC; annual state and local income, sales, and property tax revenue impact $6.48 million; $82.1 million annual employee compensation impact; $13.44 million in expenditures supported by industry sponsorships; statewide employment impact of 1,657 jobs

Cumulative impact from investments at NIC: $286.9 million in total cumulative economic impact from investments related to NIC; $96.3 million in total cumulative Employee compensation; an estimated 1,629 city & statewide job-years generated by investment projects

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