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flith

UTC SimCenter

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UTC's SimCenter has received $17 Mil total in private donations from the Benwood Foundation, the Lyndhurst Foundation, the University of Chattanooga Foundation, the Community Foundation of Greater Chattanooga, the Maclellan Foundation, the Tucker Foundation and several anonymous individual donors. These funds with help from the state, UT and federal government will elevate the SimCenter to a national level. As a result UTC would become a leading math and science in the South, and help with high tech job recruitment in the Chattanooga area. A press conference is scheduled for today.

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UTC's SimCenter has received $17 Mil total in private donations from the Benwood Foundation, the Lyndhurst Foundation, the University of Chattanooga Foundation, the Community Foundation of Greater Chattanooga, the Maclellan Foundation, the Tucker Foundation and several anonymous individual donors. These funds with help from the state, UT and federal government will elevate the SimCenter to a national level. As a result UTC would become a leading math and science in the South, and help with high tech job recruitment in the Chattanooga area. A press conference is scheduled for today.

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Here is a summary of an article from the TimesFree Press on April, 23 2008.

The SimCenter has rapidly exceeded all expectations. It has received millions in contracts from DoD to private companies.

In the next few years UTC and Chattanooga leaders intend to expand the SimCenter.

UT has agreed to support the effort as part if it's mission to become a leader in computational sciences.

It is anticipated that it will outgrow its facilities in two years.

A project director will be hired this year to oversee the expansion.

The main issue now is to decide where it will relocate to. Downtown and the Southside are being considered. Blue Cross Blue Shield will be vacating 600000 sq ft in the next year, and the former foundry sites on South Broad would also make a good Technology Campus.

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This article from Forbes magazine also touts highly the value of the Sim Center to Chattanooga.

http://www.forbes.com/business/forbes/2008/0407/098.html

The SimCenter is credited with a lot of the interest in that city as mainstream companies are finding it to be a useful resource in running their businesses more efficiently/effectively. The center is shopping around for a new site, and the frontrunner is believed to be the old, abandoned foundry site at the base of Lookout Mountain along Broad Street. The mayor wants the downtown revival to extend all the way from the river to the mountain. My thanks to Insighter for posting this on another website.

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