Universities exist to transform the lives of individuals and shape our society for the better. Today, universities are also powerhouses for ECONOMIC GROWTH, helping to build a more resilient economy and create jobs. Helping businesses to flourish and hardworking people to be financially secure is consistent with Gannon University’s Mission.
The University creates an impact on employment in the Erie region by providing jobs for 1,525 employees (606 full-time, 919 part-time).
An investment of over $21.8 million in current capital projects was made, employing over 150 construction and service workers on various sites.
Local vendors were awarded $16 million in annual contracts.
The Erie Technology Incubator (ETI) currently provides nearly 50 active business mentors and assisted 25 startup companies as ETI clients.
The Small Business Development Center provided 5,489 consulting hours to existing and startup companies in Erie, Warren, Crawford and Mercer Counties, which impacted 374 jobs, resulted in the creation or purchase of 42 companies and created $16.1 million in capital formation.
Forty local businesses and companies have participated in three Technology Business Accelerator sessions, which are funded by a grant from the Department of Community and Economic Development.
Students and employees purchased $563,050 in goods and services using Gannon ID cards at 26 participating businesses.
Employee compensation reached a total of $38 million.
Seven hundred local high school juniors and seniors received $2 million in reduced tuition costs and earned 3,423 college credits through Gannon’s Dual Enrollment Program.
GO College is a $2.2 million, five-year commitment that provides various services to encourage post-secondary education. At Strong Vincent High School, 96 percent of those who participated in GO College applied to college and 92 percent were accepted. At East High School, 100 percent of those who participated in GO College applied to college and 80 percent were accepted.
Ten students are attending Gannon in Fall 2015 through the Archbishop Gannon Scholarship program, receiving the equivalent of $285,900 in tuition support.
More than 2,400 clinical services were provided to area residents and neighbors of the Nursing Center at the John E. Horan Garden Apartments in Erie.
Fifty-three calls not related to the University were responded to by Gannon’s Police and Safety officers.
Ninety-two resources and 668 attendees filled Gannon’s Hammermill Center for the Veteran’s Resource Expo to connect veterans with various available services. The event was hosted by the University and coordinated by State Senator Sean Wiley with the Erie County Vietnam Veterans Memorial organization.