In 2007, Lorain County Community College was enjoying tremendous success, partnering with universities in the region and expanding its campus. To prepare LCCC for its next phase of growth, leaders wanted to develop an Innovation Fund that would stimulate new businesses and promote emerging industries. Cramer & Associates was engaged to conduct a feasibility study testing a $10 million campaign goal.
The feasibility study tested workforce development, degree attainment, community partnerships, and arts and culture initiatives. Based on the results, LCCC launched an $8 million campaign that focused on workforce development. At Cramer’s recommendation, LCCC developed a unique campaign leadership structure that included 18 honorary chairs, 12 co-chairs, and a director of advancement for the foundation and development teams.
The campaign launched in the summer of 2008 when the recession began to impact the national economy. Cramer emphasized the importance of workforce development and the Innovation Fund and how it would help stimulate the local economy. LCCC blew past their goal, raising more than $20 million dollars. This allowed them to build four new buildings, including a new business incubator center where entrepreneurs can develop the skills they need to launch small businesses.
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