The new university would focus on building a skilled STEM workforce, concentrating on globally competitive areas such as automation, logistics, biotech and computing. It would grant stackable credentials in those areas, which could be combined with other degrees a student might earn.
The school expects that its initial class, to be enrolled “in the coming years,” will consist of about 500 students, with projections that total enrollment could eventually grow to about 1,500 undergraduates and 500 non-degree learners over time. Initial plans call for students’ tuition to be fully covered in order to “attract enterprising candidates with entrepreneurial spirit.”
Today’s announcement was made at the Heartland Summit being held this year in Bentonville. The Summit is an annual event organized by Heartland Forward, a non-profit policy think tank that aims to to stimulate economic growth in the central region of the United States.
According to its website, Heartland Forward has a goal of generating $500 million of economic impact for the middle states by 2030 through a focus on four pillars: innovation and entrepreneurship, talent pipelines, health and wellness, and regional competitiveness.
