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SECTION J <br />LIST ONE OR MORE ECONOMIC OUTCOMES THAT YOU <br />EXPECT FROM THE PROPOSED CERB PROJECT. <br />Old Heat will become a facility on the edge of the CWU campus for business and <br />university to collaborate on technology initiatives, lt will have adequate parking, <br />and the building will provide much-needed event and conference space in the <br />city of Ellensburg. <br />6. lncreased Tax Revenue. Startup sales generate local sales and B&O taxes; occupied properties <br />raise assessments,. Events boost lodging tax.. Longterm goal: >$500,000 additional localtaxes annually by year 10. <br />7. Partnerships, Talent Pipelines & Patents. Form an lndustry Advisory Board for sponsorships & guidance.. Run an "lnnovation Fellows" program linking students to startups.. Hire a Tech Officer; seed minigrants for prototypes. <br />lmplemented together, these initiatives position CWU's commercialization center <br />as the engine for diversification, living-wage job creation, real-estate activation, <br />visitor spending, stronger tax revenues, and a robust innovation ecosystem in <br />Ellensburg. <br />Number of new patents/startups per year in County <br />lndustry/Field areas of new patents/startups in the year in County <br />Graduate retention and placement in localfirms <br />Firm survival rate after three years <br />Number of firms graduating from Old Heat to Bowers Field <br />Participation in Small Business lnnovation Research/Small Business <br />Technology Transfer or other federal innovation programs <br />1 Workforce Development <br />Entrepreneurship workshops, maker spaces, and certificate programs. <br />Paid internships and project-based learning with tenant startups. <br />Upskilling courses. <br />a <br />a <br />2. Leasing and Sales of Commercial Properties. Locate the center in a vacant downtown building to anchor revitalization.. Match graduating startups with larger local spaces.. Run real-estate open houses. <br />3. Lodging Demand from Events. Host annual innovation summits.. Operate a 10-12 week summer accelerator with hotel/dorm blocks.. Target 5-10 o/o rise in lodging tax receipts within five years. <br />4. Diversification of Local Economy. Create an aerospace hub in the CenhalWashington region.. Focus tracks on aerospace, ag-tech, clean energy, and software.. Support value-added ventures leveraging regional agriculture. <br />5. Greation of Living.Wage Jobs. Prioritize STEM and advanced-manufacturing startups ($30-$45/hr).. Leverage state haining grants to raise employee wages.. Aim for 250 new living-wage jobs within 10 years. <br />60 | Old Heat CERB Feasibility Study