Fargo Number 1 in Best Performing Cities Report - Technology & Higher Education Among Factors

Article ID: 571013

Released: 19-Nov-2010 2:15 PM EST

Source Newsroom: North Dakota State University

Newswise — Fargo, N.D., is rated first and Bismarck, N.D., second in the Milken Institute Best Performing Cities report for 2010 in the category of small cities. The report notes “The big winners in the 2010 small cities index have at least one (or a combination) of these three assets: energy-related natural resources, a major university, and a military base.”

The report titled, “Best Performing Cities 2010: Where America’s Jobs Are Created and Sustained,” is found at http://www.milkeninstitute.org/publications/publications.taf?function=detail&ID=38801250&cat=resrep

The report’s authors note Fargo’s agricultural base, along with a growing technology cluster. The report includes mention of Fargo, N.D. and neighboring Moorhead, Minn., higher education institutions, including North Dakota State University and notes the region’s job creation. According to the report, “From 2004 to 2009...the professional, scientific, and technical services sector added more than 1,000 positions.” The report notes the presence of four higher education institutions in the region to support technology and bioscience.

“Research universities such as NDSU provide science and technology expertise that are key to public-private partnerships and enhance economic opportunities,” said Philip Boudjouk, NDSU vice president for Research, Creative Activities and Technology Transfer. “Most recently for example, Triton Systems located to the NDSU Research & Technology Park based on factors that included NDSU’s coatings and electronics expertise.”

In addition to the Milken Report, a recent Beacon Hill Institute Report placed North Dakota first overall in its annual state competitiveness rating. Based on 43 indicators, that report also ranked North Dakota third in Academic R&D per $1,000 gross state product and third in science and engineering graduate students per 100,000 inhabitants. The BHI report is found at http://www.beaconhill.org/competitivenesshomepage.html


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