Center of Economic Excellence scores
|
So far, according to the Washington Advisory Group (WAG), it's working. The WAG report thoroughly analyzed the full CoEE experience since 2002. The study cost about $400,000, and it was funded by the Commission on Higher Education.
In the conference room of Wilbur Smith Associates on the 16th floor of their building at the corner of Sumter and Gervais, the CoEE board members held a presentation of the results of the WAG report. Board Chair Paula Harper Bethea led the presentation.
|
"In fact," said Bethea, "the WAG evaluation team has called South Carolina's CoEE program the best of its kind in the nation and one that should be the envy of all other states."
According to the press release by the Clare Morris Agency:
"In just six years, South Carolina's CoEE program, which provides state lottery proceeds to match non- state investment to recruit top scientists and engineers to lead cutting- edge research programs in the state, has generated 2,000- plus jobs in South Carolina and boosted the state's economy by nearly a quarter of a billion dollars ($246 million) in non- state investment or pledges to the program..
|
Part of the progress cited at the presentation was USC's attainment of "very high research activity" status as one of 62 American public universities so classified by the Carnegie Foundation. Also, Clemson had climbed
to 22nd on U.S. News and
World Report's ranking of public universities. Annual research funding at MUSC has risen from $116 million in 2001, the year before CoEE was funded by the Legislature, to $200 million in 2008.
The original idea behind CoEE germinated in the creative and determined efforts of Columbia's Sam Tenenbaum, former steel executive and husband of S.C.'s former Superintendent of Education Inez Tenenbaum.
|
Other examples abound in the country, but to be identified as the "best of its kind in the nation" by WAG was enough for Tenenbaum. "I did my job," he said.
S.C. Speaker Harrell, one of CoEE's primary legislative supporters, promised to protect the funding for CoEE. The S.C. Legislature passed a law last year to ensure funding for CoEE at $30 million. S.C. Governor Sanford, however, has recently cut CoEE funding from his executive budget.
Quoted in The State newspaper, Sanford spokesman Joel Sawyer observed, "It never ceases to amaze us that when a group pays for a study, it largely says what the group wants it to say."














