Indian River State College News

IRSC’s use of Blockchain Technology featured at Florida Technology & Innovation Solution Summit

IRSC’s use of Blockchain Technology featured at Florida Technology & Innovation Solution Summit

 

 

The upcoming Florida Technology & Innovation Solution Summit, presented by The Florida Chamber Foundation, features Indian River State College (IRSC) Vice President of Institutional Technology and CIO Tim Marshall. Marshall will present a session titled “Block Chain Examples in Education and Other Industries.” The daylong Summit takes place on Aug. 31 at the Tampa Marriott Water Street.

In Nov. 2021, Marshall introduced the implementation of blockchain technology to remove barriers and open new opportunities for IRSC students. With blockchain technology, students may freely share their education records with anyone, anytime, expediting the process of entering higher education and accelerating their ability to connect with career opportunities. 

Marshall, whose three-decade career in education, technology/management services, banking and defense industries, will share how blockchain technology is transforming IRSC and other educational institutions and its potential use for different industries.

“The Florida Chamber Foundation is working on satisfying six pillars of goals outlined in their FL 2030 Blueprint,” said Tim Marshall, IRSC Vice President of Institutional Technology and CIO. “ My presentation will focus on how blockchain technology can be used to meet the goals of the ‘Improving Florida’s Talent Pipeline for a Better Workforce’ pillar, focusing on education and workforce readiness.”

The IRSC Foundation is a Diamond Sponsor of the event. Those interested in joining IRSC can use the promo code “IRSCFTech22” for 10% off in-person attendee registration. Visit the Florida Chamber Foundation website to register and for more information at https://flchm.co/3z07JG5

 

Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]

 

Jul. 26, 2022|

Florida SBDC IRSC nominates professor for statewide award

Florida SBDC IRSC nominates professor for statewide award

 

From left to right: IRSC School of Business Dean, Dr. Prashanth Pilly, FSBDC at IRSC Regional Director, Tom Kindred, FSBDC Network Volunteer of the Year Dr. Herb Ricardo, FSBDC at IRSC Business Consultant Mike Bernard and IRSC President Dr. Tim Moore

The Florida Small Business Development Center (SBDC) at Indian River State College (IRSC) announced the nomination of Dr. Herb Ricardo of the IRSC School of Business for the Florida SBDC Network Volunteer of the Year award. Ricardo accepted the regional award at a meeting with IRSC president, Dr. Tim Moore, in early June. The regional award automatically entered Ricardo in for the statewide award, in which he took home the title for on Monday, June 27, 2022 where FSBDC at IRSC Regional Director, Tom Kindred, accepted the statewide award on Ricardo’s behalf at the FSBDC Network annual conference in Tampa Bay, Florida. 

Volunteers provide opportunities to expand and enhance service capacity and capability to meet the diverse and complex needs of SBDC clients. This award recognizes one volunteer from each SBDC region that has provided significant, direct contributions with respect to advocacy, consulting, training, program development or special projects during calendar year 2021.

Dependable and efficient, Dr. Ricardo is always willing to lend his time and talents to assist the Florida SBDC at IRSC. Dr. Ricardo has served Indian River State College for over 22 years as a Professor at the IRSC School of Business. It was through Dr. Ricardo’s initial collaboration efforts that the Florida SBDC at IRSC has developed a long-term and valuable relationship with the school of business. Because of Dr. Ricardo’s outreach and partnership commitment to the center, SBDC clients have the ability to leverage and utilize the talents, intelligence, enthusiasm and business acumen of IRSC senior level business students. The students engage center clients through multiple programs and classes, including the capstone course, internships and focus groups. At the beginning of each semester Dr. Ricardo invites an SBDC center representative to present information regarding the center and its business assistance and resource programs to capstone participants. In creating the list of regional businesses for capstone classes Dr. Ricardo always prioritizes center clients. 

Beyond connecting center clients to students, Dr. Ricardo also lends and provides his time, expertise and business acumen for use by the center. He often serves as guest host for both radio and podcast segments of Small Biz Florida. He is also a frequent contributor to Treasure Coast Business Magazine providing best practice articles. Over the past four years Dr. Ricardo has also served as a member of the center’s banking committee for the purpose of reviewing emergency bridge loan applications. His leadership on this committee has provided for the distribution of over $5.8 million in emergency funding to regional small businesses. He also leads strategic planning sessions and training programs for center partners and stakeholders. Center consultants appreciate collaborating on projects with Dr. Ricardo because of his entrepreneurial and innovative thinking, his attention to detail and a willingness to take on the difficult projects. Despite an overwhelming amount of work and responsibilities associated with his primary role of professor, Dr. Ricardo consistently finds ways to assist the SBDC at IRSC, its stakeholders and clients. His willingness to assist others and commitment to promoting all of the resources available to the Treasure Coast business community has provided valuable and credible exposure for the center. More than a volunteer, Dr. Ricardo is truly part of the SBDC TEAM. It is the center’s honor to add Dr. Ricardo’s name next to any recognition for his many contributions to the Florida SBDC at IRSC.

For more information regarding the FSBDC at IRSC, please contact our center at (772) 336-6285 or [email protected] 

About the Florida SBDC Network: 

For over forty years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat. 288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy. 

In 2019, Florida SBDCs provided 114,064 hours of professional business consulting to 12,535 client businesses, resulting in 37,966 jobs impacted; $4.4 billion in sales generated; $496.5 million in government contracts acquired; and $255.3 million in capital accessed; and 453 new businesses started.  With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Defense Logistics Agency, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

 

Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]
Jul. 4, 2022|

National Science Foundation’s $2.7 million award to fund electric vehicle consortium at IRSC

National Science Foundation’s $2.7 million award to fund electric vehicle consortium at IRSC

BY SUZANNE SELDES

National Science FoundationIndian River State College has received a three-year, $2,735,771 award from the National Science Foundation to establish a National Electric Vehicle Consortium to help alleviate an immediate shortage of skilled technical workers across almost every sector of the fast-growing electric vehicle industry.

The consortium will focus on manufacturing, installation, operations, maintenance, repair, vehicle conversion, safety and standards, and emerging technological advances within the EV sector.

IRSC will lead efforts that link academic, agency and industry experts across all EV disciplines, including 15 community colleges, 19 industry partners, two research universities, and NSF Advanced Technical Education Centers and projects.

Kevin Cooper, IRSC executive director of innovation and business development

Kevin Cooper, IRSC executive director of innovation and business development

“It is estimated that the 1 billion light-duty vehicles on the roads today consume one-fourth of global primary oil and contribute 10 percent to global greenhouse gas emissions,” says Kevin Cooper, IRSC executive director of innovation and business development. “A multidisciplinary National Electric Vehicle Consortium is critical to securing immediate and future needs in the nation’s EV workforce and helping address national resiliency and environmental goals.”
Workforce projections estimate that an all-EV industry will add 250,000 to 500,000 new high-paying jobs by 2030.

The consortium offers a venue for collaboration among training providers to support broad-scale outreach and community-building among educational institutions; industry, professional, trade, and regulatory associations; educators; and practicing technicians within the EV ecosystem.

It will document workforce needs, skills and competencies; collect data on academic programs and curricular resources; align academic programs and courses with the industry sector needs; and support institutions of higher education in adapting and establishing new EV programs.

“This synergistic EV consortium is designed with national solutions in mind,” Cooper continues. “It creates the first critical mass of experts focused on addressing the need for EV technicians in the U.S.”

National Electric Vehicle ConsortiumThe grant was awarded to IRSC by the NSF Division of Undergraduate Education Advanced Technological Education, which focuses on the education of technicians for the advanced-technology fields that drive the nation’s economy.

The NEVC at IRSC is scheduled to launch July 1.

See the original article in the print publication


Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]

Jul. 1, 2022|

Bloomberg Terminals link students with financial world

Bloomberg Terminals link students with financial world

Bloomberg Terminals

IRSC Investment Club students explore use of Bloomberg Terminals in the new IRSC Bloomberg Finance Lab at the grand opening event on Wednesday, Feb. 23. The College has installed 12 Bloomberg Terminals, providing students with unparalleled coverage of markets and securities with information across asset classes — from fixed income to equities, foreign exchange, commodities and derivatives. INDIAN RIVER STATE COLLEGE

BY SUZANNE SELDES

Students studying at Indian River State College now have access to the platform used by the world’s leading banks, corporations and government agencies to view real-time global financial data, news feeds and messages.

The college has installed 12 Bloomberg Terminals, providing students with unparalleled coverage of markets and securities with information across asset classes — from fixed income to equities, foreign exchange, commodities and derivatives.

IRSC’s implementation of the terminals brings the real world of business and finance into the classroom. IRSC is one of more than 1,000 academic institutions globally — but the only one on Florida’s Treasure Coast — to integrate Bloomberg into the curriculum for its business and finance degree programs.

The new Bloomberg Financial Lab will also be used for financial literacy programs and Bloomberg certification courses, which the college expects to begin later this year.

“The opportunity to bring Bloomberg to our students provides an unparalleled resource in developing valuable financial and analytic skills that will differentiate and improve their competitiveness in the job market,” explains Dr. Prashanth Pilly, dean of the IRSC Business Division.

“Integrating classroom teaching with the real-world data, news and analytics available on the terminal better prepares our students for futures in the business and finance industries.”
IRSC’s subscriptions to the Bloomberg Terminal will serve as a resource for students and professors. It will enable students to become familiar with tools used in financial services, reinforcing classroom theory, while professors can use it to further their research.

“When a student comes to IRSC, they can expect a best-in-class education and our Bloomberg Finance Lab is another example of the outstanding resources that are freely available to them,” says IRSC President Dr. Timothy Moore. “At IRSC, students from every academic discipline have the opportunity to sharpen their financial literacy to help them succeed personally and professionally.”

Students of varying levels and study areas can familiarize themselves with the fundamentals of finance by taking Bloomberg Market Concepts. Upon completion of the program’s core concepts modules, students will receive a certificate of completion that can be added to their LinkedIn profiles and resumes to show their knowledge of the markets and the terminal.

See the original article in the print publication


Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]

Apr. 20, 2022|

New college program to offer graduating seniors free tuition

New college program to offer graduating seniors free tuition

High School students celebrate

High School students across the Treasure Coast join in on celebrating the IRSC Promise Program.

BY SUZANNE SELDES

In response to a pandemic that has disrupted lives and derailed plans for so many in the community, Indian River State College recently revealed its most significant investment ever in eliminating barriers to higher education.

At a special assembly for Fort Pierce Central High School seniors, the college launched the IRSC Promise Program — announcing tuition-free associate degrees for qualifying 2022 high school graduates from public and public charter schools in Indian River, Martin, Okeechobee and St. Lucie counties.

IRSC president, Dr. Timothy Moore

IRSC president, Dr. Timothy Moore

“IRSC exists to change the lives of those we are here to serve,” IRSC president, Dr. Timothy Moore, announced. “No matter your background, household income or grade point average, if you are graduating from a public or public charter high school in our service district this spring, you can earn an A.A., A.S. or A.A.S. from IRSC tuition-free. We are not going to let anyone fall through the cracks.”

Sponsored by the IRSC Foundation, the IRSC Promise Program comes at a critical time. One million fewer students are enrolled in higher education today than two years ago. Consumer prices are 7.5% above January 2021 and rising. For many students and families, the cost of college can feel out of reach.

“The cost of tuition should never prevent anyone from pursuing their personal and academic goals,” said Michael Hageloh, interim vice president for Institutional Advancement. “The IRSC Promise Program, backed by the strength of the IRSC Foundation and led by the vision of the college’s district board of trustees, will help countless individuals stay the course and earn the education they require to build the futures they deserve. It is the ultimate investment in our community.”

Seventy-six percent of IRSC students remain in their community after graduation, contributing to the local economy as workforce members and consumers.

IRSC Promise Program Pep Rally

Fort Pierce Central High School Cobras engage students at IRSC Promise Program Pep Rally. INDIAN RIVER STATE COLLEGE

The IRSC Promise Program aims to make college education broadly accessible. Students do not need to demonstrate financial need and there is no GPA requirement for acceptance to the program.

Once in the program, students must maintain full-time enrollment status during fall, spring and summer terms and maintain satisfactory academic progress as they pursue an Associate in Arts, Associate in Science or Applied Associate in Science Degree.

To take advantage of the program, eligible high school seniors must commit to IRSC by taking the Promise Pledge [available at promise.irsc.edu] by May 15.

Go to promise.irsc.edu or send an email to [email protected] for more program details and a list of upcoming information sessions.

See the original article in the print publication


Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]

Apr. 20, 2022|

Florida SBDC IRSC teaches Financial Literacy to IRC Business Owners & Operators

Florida SBDC IRSC teaches Financial Literacy to IRC Business Owners & Operators

 

The Florida Small Business Development Center (SBDC) at Indian River State College (IRSC) will hold another round of Financial Training, formally known as Profit Mastery, on the IRSC Mueller Campus in Vero Beach starting Wednesday, April 6, 2022 from 8 to 11 a.m.

This program runs six weeks and is offered to the public at no cost. Bank of America has graciously partnered with the Florida SBDC Network to scholarship financial training and management across the Treasure Coast region. Valued at $499, the Florida SBDC at IRSC is encouraging business owners to register not only themselves but their bookkeepers, payroll executives, and others who may benefit from strengthening their budgetary knowledge.

Business owners, key managers, entrepreneurs, business advisors and others whose decisions have an impact on a company’s financial performance should consider participating. The Profit Mastery program is designed to enhance the financial management skills of all business managers.

 

The Indian River County program runs the following dates and times:
- Wednesday, April 6, 2022 | 8 a.m. – 11 a.m.
- Wednesday, April 13, 2022 |8 a.m. – 11 a.m.
- Wednesday, April 20, 2022 | 8 a.m. – 11 a.m.
- Wednesday, April 27, 2022 | 8 a.m. – 11 a.m.
- Wednesday, May 4, 2022 | 8 a.m. – 11 a.m.
- Wednesday, May 11, 2022 | 8 a.m. – 11 a.m.

Interested individuals may register themselves or their designees on the FSBDC at IRSC website or contact [email protected] | (772) 336-6285

Once registered, participants are required to attend 5 out of 6 trainings in order to graduate from the program.

Steve LeFever, Founder, and Chairman of Profit Mastery is a national leader in the development of practical financial programs and training for the independent business community. His dual role as a successful entrepreneur and as a commercial banker gives him a unique perspective on financial analysis, business management, and practical business decisions.

Sessions held in Vero Beach are facilitated by FSBDC at IRSC business analyst, Frank Fink. Frank began his 48- year career in finance and operations management serving with the United States Air Force as an auditor. Following his military service, Frank began his corporate work with Florida Power & Light in their nuclear power division. After 24 years with FP&L, Frank went on to serve with other energy companies, in their nuclear divisions, including the Tennessee Valley Authority, Commonwealth Edison, and Exelon Energy. Throughout his career, Frank served in numerous financial and operations management positions, where his responsibilities included: business planning, accounting, and financial control functions, business operations, strategic planning, supply chain management, information systems management, project management, estimating, and scheduling. Frank holds degrees and certifications from Indian River Community College, Barry, and Villanova
University.

To learn more about the program itself please visit www.profitmastery.net To register or inquire about future sessions in other counties, contact your Florida SBDC at IRSC at [email protected] or call (772) 336-6285.

 

About the Florida SBDC Network:

For over forty years, the Florida SBDC Network, the state’s principal provider of business assistance [Fl. Stat.288.001], has nourished a statewide partnership between higher education and economic development to provide existing and emerging small and medium-sized business owners with management and knowledge resources that enable overall growth, increased profitability, and economic prosperity for Florida’s economy.  In 2019, Florida SBDCs provided 114,064 hours of professional business consulting to 12,535 client businesses, resulting in 37,966 jobs impacted; $4.4 billion in sales generated; $496.5 million in government contracts acquired; and $255.3 million in capital accessed; and 453 new businesses started. With over 40 offices statewide, the Florida SBDC is funded in part by the U.S. Small Business Administration, Defense Logistics Agency, State of Florida and other private and public partners. The Florida SBDC Network, headquartered at the
University of West Florida, is nationally accredited by the Association of SBDCs and is a recipient of the President’s E Award for Export Service. Florida SBDC services are extended to the public on a nondiscriminatory
basis. Language assistance services are available for individuals with limited English proficiency. For more information, please visit www.FloridaSBDC.org.

 

 

Treasure Coast Business is a news service and magazine published in print, via e-newsletter, and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]
Mar. 28, 2022|

Bank of America Awards $250,000 Grant to Indian River State College

Bank of America Awards $250,000 Grant to Indian River State College

 

BOA LogoBank of America announced a $250,000 grant to Indian River State College (IRSC) in support of the development and programming at IRSC’s Eastman Advanced Workforce Training Complex. The purpose-built facility, scheduled for a 2023 opening, will link advanced technology and leading-edge industry training in specialized technical career fields, such as advanced manufacturing, automotive, aviation and marine technology, welding, and more.
 
Since 1960, IRSC has offered high-skill and career-training programs to meet the ever-changing workforce needs of Indian River, Martin, Okeechobee and St. Lucie counties. IRSC's programs nurture industrial advancement while extending long-term economic opportunity to Treasure Coast residents by creating a dynamic workforce pipeline designed to propel regional growth and support business expansion. The state-of-the-art, 60,000-square-foot facility will be equipped with the technology and tools needed to prepare local students for high-demand, high-paying jobs.
 
“Bank of America’s investment in Indian River State College will establish the Bank of America Welding—Metal Joining Lab, a critical component of the forthcoming Eastman Advanced Workforce Training Complex,” says Michael Hageloh, interim vice president for Advancement. “The grant will help IRSC transform and expand the learning environment for our students by providing the latest technology—updated equipment, virtual reality welding machines, and more—to develop their skills and become workforce ready.”
 
Bank of America is a longtime partner of IRSC as part of its commitment to fostering economic growth in the community by supporting organizations that help businesses and individuals achieve financial stability. The bank recently provided additional funding to strengthen the Florida Small Business Development Center (FSBDC) at IRSC, which offers business consulting services to qualified and emerging businesses.
 
“We partner with nonprofits that mentor, educate and train today’s youth because solid work experience and skills are critical in promoting self-sufficiency and economic opportunity for local individuals and families,” said Doug Sherman, president, Bank of America Treasure Coast. “We look forward to seeing how the new IRSC Complex prepares the next generation of diverse talent to address ongoing labor shortages and empower tomorrow’s workforce for high-demand careers.”
 
Bank of America

At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

 

Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at https://tcbusiness.com tcbusiness.com by Indian River Media Group. For more information or to report news email mailto:[email protected] [email protected] 

Jan. 31, 2022|

Bloomberg Terminals come to IRSC

IRSC Business and Finance Students Gain Edge with Addition of Bloomberg Terminals

 

Students studying at Indian River State College now have access to the platform used by the world’s leading banks, corporations and government agencies to view real-time global financial data, news feeds and messages. The College has installed 12 Bloomberg Terminals, providing students with unparalleled coverage of markets and securities with information across asset classes—from fixed income to equities, foreign exchange, commodities and derivatives.

IRSC’s implementation of the Bloomberg Terminals brings the real world of business and finance into the classroom. IRSC is one of more than 1,000 academic institutions globally—but the only one on Florida’s Treasure Coast—to integrate Bloomberg into the curriculum for its business and finance degree programs. The new IRSC Bloomberg Financial Lab will also be used for financial literacy programs and Bloomberg certification courses, which the College expects to begin later this year.

“The opportunity to bring Bloomberg to our students provides an unparalleled resource in developing valuable financial and analytic skills that will differentiate and improve their competitiveness in the job market,” explains Dr. Prashanth Pilly, Dean of the IRSC Business Division. “Integrating classroom teaching with the real-world data, news and analytics available on the Terminal better prepares our students for futures in the business and finance industries.”

IRSC’s subscriptions to the Bloomberg Terminal will serve as a resource for both students and professors. It will enable students to become familiar with tools used in financial services, reinforcing classroom theory, while professors can use it to further their research.

“When a student comes to IRSC, they can expect a best-in-class education, and our Bloomberg Finance Lab is another example of the outstanding resources that are freely available to them,” shares IRSC President Dr. Timothy Moore. “At IRSC, students from every academic discipline have the opportunity to sharpen their financial literacy to help them succeed personally and professionally.”

Students of varying levels and study areas can familiarize themselves with the fundamentals of finance through the lens of the Terminal by taking Bloomberg Market Concepts (BMC). Upon completing BMC’s Core Concepts modules, learners receive a certificate of completion that can be added to their LinkedIn profiles and resumes to show their knowledge of both the markets and the Terminal.

A ribbon-cutting for the new Bloomberg Finance Lab is scheduled for Wednesday, February 23, at 10:00 a.m. in the Brown Center for Innovation & Entrepreneurship.

 

Bloomberg at IRSC

 

 

 

Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at https://tcbusiness.com tcbusiness.com by Indian River Media Group. For more information or to report news email mailto:staff@tcbusiness.com  [email protected]

Jan. 25, 2022|

The Gift One Year Later

The Gift One Year Later

 

2021 Fall Commencement Ceremony

Graduation ceremony photographed on Thursday, Dec. 16, 2021, at Lawnwood Stadium in Fort Pierce.

 

New Opportunities, Greater Access for Indian River State College Students and Community

One year ago, author and philanthropist MacKenzie Scott pledged $45 million to Indian River State College (IRSC), the largest individual donation in the College’s 60-year history. The gift came without prescription—Scott writes on her blog “we believe that teams with experience on the front lines of challenges will know best how to put the money to good use, we encouraged them to spend it however they choose”—but with great responsibility.

The gift was made as part of the Giving Pledge, Scott’s commitment to give the majority of her wealth to address some of society’s most pressing problems. In 2020, IRSC was among 384 organizations that Scott made large gifts to after her team of advisors considered some 6,500 organizations along with data analysis on community needs, program outcomes, and each non-profit’s capacity to absorb and make effective use of funding. Donations were focused on those “operating in communities facing high projected food insecurity, high measures of racial inequity, high local poverty rates, and low access to philanthropic capital” and given “with full trust and no strings attached.”

IRSC announced news of the gift at its Fall Commencement ceremony on December 16, 2020, reaffirming the College’s critical mission and the commitment of its newly appointed President to redefine and reframe the narrative on how American community colleges can better serve its constituencies. On December 17, the College began its next chapter—to profoundly bolster its efforts to change lives.

“Our mission is to take students from any part of society and find ways to help them achieve their full potential,” said IRSC President Dr. Timothy Moore. “Ms. Scott has provided IRSC with a uniquely transformative opportunity to accelerate our ability to make post-secondary education attainable for citizens of our region, regardless of their circumstance or

background. She has changed the trajectory for IRSC, and we in turn will change the trajectory for our students and our community.”

True North—Mission, Students and Community IRSC is the only open-access, public institution of higher education in the four-county (Indian River, Martin, Okeechobee, St. Lucie) service district. Its student body is more diverse than America, with the majority, 53.5%, comprised of minority students. Thirty-seven percent (37%) of IRSC students are first-generation students, and 40.1% of students receive a Pell grant. Most of IRSC’s students (71.8%) are enrolled part-time and female students make up the majority (61.4%) of enrollment.

It is IRSC’s mission to transform lives by offering high-quality, affordable and accessible education.

Guided by its True North— Mission, Students and Community—the College has embarked on the first of a series of strategic initiatives aimed to provide economic uplift to historically underrepresented populations; meet the increasing demand for trained, diverse workforces; advance student success and well-being; invest in future generations; and develop critical partnerships that bring new opportunities and ideas to our students, region and nation.

In pursuit of those goals, the College is deploying $24 million dollars of the donation, which is about 53% of the total gift.

Building a workforce for the future On December 14, 2021, exactly one year after receiving Scott’s gift, IRSC, along with area hospital leaders, announced that the College would double the size of its Nursing program to address the critical need for more nurses in Florida. Funds will be used to transform 50,521 sq. ft. at IRSC’s Pruitt Campus in Port St. Lucie into state-of-the-art nursing classrooms and simulated clinical settings. It would also create new pathways for students who earned Certified Nursing Assistant (C.N.A.), Emergency Medical Technician (E.M.T.) or other allied health certificates, offering them credit for prior learning when entering the Associate Degree in Nursing (R.N.) program. This exclusive pathway program reduces students’ time to degree completion and costs, while adding diversity to the nursing class by prioritizing field experience and prior learning in the application process. Roughly $13.5 million will support this largest program expansion in IRSC history.

Economic uplift IRSC is moving with great velocity to support initiatives that support access and outreach to low-income, first-generation and historically underrepresented populations. To that end, a portion of the funds from the Scott gift will be used to create an endowment that builds on the success of the Lincoln Park Career Pathways Initiative (LPCPI). The program, centered at the Blackburn Educational Building in Fort Pierce’s majority Black, economically challenged Lincoln Park community, provides funding for tuition, transportation, and other support service for students receiving college credit or non-credit coursework that leads to an industry certification and ultimately to a good-paying job. To date, 71% of program completers have received credentials and are now working in industry-related jobs. The new endowment will fund tuition and provide emergency support for transportation, child care or other financial needs to dramatically expand access to this life-changing program. One million dollars is committed to this endeavor.

Advancing student success and well-being During the pandemic, IRSC learned a great deal about new challenges students face. Students reported that they often do not have quiet places to study or reliable internet connections. They have missed the opportunity to study and interact with peers and classmates. As a result, IRSC is re-imagining student learning and social spaces, tools, academic support and more to advance student success, well-being and sense of belonging, which are essential elements of student retention.

IRSC is deploying $1 million dollars to develop a welcoming Student Learning Commons on its main campus in Fort Pierce. Located in the library, the Student Learning Commons will be a supportive and nurturing place for students to meet, study, and relax. Study skills are the most difficult to develop, and peer-to-peer tutors—prominent in the Learning Commons—are the most efficient way to assist students with learning. IRSC intends to duplicate a Student Learning Commons at each branch campus, furthering the reach of study services to all students.

Investing in future generations IRSC understands that high-quality pre-school is the essential difference maker in the success of a child. The College intends to allocate $2.5 million in its Child Development Center. The Child Development Center provides quality, low-cost education and care for the children of our students, community members and faculty. It also provides hands-on learning experiences for students enrolled in IRSC Early Childhood Education programs.

Developing critical partnerships An indirect effect of the gift includes increased passion, energy, and visibility of IRSC and its mission. Such attention has enabled IRSC to develop unique, groundbreaking partnerships with Adobe, Bloomberg, and Wolfram Researchto name a few. These partnerships have resulted in student, faculty and staff access to best-in-class research and technical software tools at no cost to them. No other community college in America offers these elite tools for free. As a result of these partnerships, IRSC students are uniquely poised for success in the classroom and gain a competitive edge for the modern workplace.

The multiplier effect Scott writes in her blog: “We chose to make relatively large gifts to the organizations…both to enable their work, and as a signal of trust and encouragement, to them and to others.” IRSC has seen and will continue to see the direct effect of this generosity.

Recently, the College received two large restricted gifts. The first is a $2 million naming gift for the Eastman Advanced Workforce Training Complex, a purpose-built facility that will link advanced technology and leading-edge industry training in specialized technical career fields. The Complex, set to open in 2023, is cited as critical for closing the regional skills gap and preparing residents for high-wage, in-demand careers. The next is a $10 million restricted gift to develop and build a first-of-its-kind vocational charter high school in Indiantown, Florida, a rural majority Hispanic community. The new high school will be home to more than 400 students. Details about that project are forthcoming.

Changing lives “IRSC exists to change the lives of those we are here to serve,” concludes President Moore. “We are grateful to Ms. Scott for the generosity and the trust she has placed in IRSC. We will continue to invest wisely to increase our capacity to educate and support more students, endow scholarships and instructors to propagate our mission in perpetuity, and expand programs of distinction which highlight IRSC as the education partner of choice for our community.”

Jan. 3, 2022|

FPL In Support of Diversity in STEM

FPL In Support of Diversity in STEM

New Scholarship to Remove Financial Barriers for Black Students Seeking Associate Degrees 

 

FPL STEM Scholars

 

Indian River State College (IRSC) has received an $800,000 award from Florida Power & Light Company (FPL) to support diversity in STEM (science, technology, engineering and mathematics) careers. The funds will establish the Florida Power & Light Company Endowed Scholarship for Black students seeking Associate in Science degrees at IRSC in the areas of Electrical Power Technology (ICE specialization), Computer Information Technology and Electronics Engineering Technology (such as robotics-manufacturing and laser-photonics specializations).  
 
FPL will fund the endowed scholarship over four years; $200,000 is available for the 2022–2023 academic year. Scholarship funds may cover tuition, books, and supplies or be used to enroll in courses that provide additional certifications such as OSHA or CPR while attending IRSC. New and returning IRSC students may begin applying for the awards now by logging into their MyPioneerPortal account. 
 
“IRSC’s longstanding partnership with Florida Power & Light centers around making a positive impact on people’s lives,” says Michael Hageloh, IRSC interim vice president for institutional advancement. “Over the years, we have collaborated on programs that build essential workforce skills and put students into great paying jobs. FPL’s most recent commitment moves us closer to achieving another mutual goal—addressing racial opportunity gaps in STEM fields—and for that, we are immensely grateful.” 
 
According to an April 2021 report from the Pew Research Center, Black workers comprise 11% of all employed adults but account for only 9% of adults employed in STEM occupations. Their share is lower in some STEM job clusters, including just 5% in engineering jobs. Further, Pew states that there has been no change in the share of Black workers in STEM jobs since 2016.  
 
FPL’s commitment to IRSC will help remove financial barriers that may prevent Black students from entering these fields. 
 
“We are focused on breaking down barriers to opportunity by investing in STEM programs that empower our next generation of leaders. We are proud to energize IRSC’s dynamic STEM initiatives and provide support for students with this grant,” said Pamela Rauch, vice president of external affairs and economic development for FPL. “The Florida Power & Light Company Endowed Scholarship for Black students will help inspire these innovators to obtain an Associate of Science degree—a strong foundation for landing a high-paying job in the technology field.”  
 
The Florida Power & Light Company Endowed Scholarship is the most recent example of IRSC’s steadfastness to finding ways to remove barriers and support student diversity in STEM subjects. In September, the College announced a $4.9 million Hispanic-Serving Institutions STEM and Articulation Program grant from the U.S. Department of Education to increase the number of Hispanic and low-income students in STEM disciplines. These opportunities, combined with integrated academic and student support strategies and activities that promote retention and graduation, will help the IRSC increase the number of undergraduates from underrepresented groups who successfully complete STEM studies. 
 
To learn more about Florida Power & Light Company Endowed Scholarship and other student funding opportunities available through the IRSC Foundation, visit irscfoundation.org
 
About Florida Power & Light Company  
Florida Power & Light Company is the largest energy company in the U.S. as measured by retail electricity produced and sold. The company serves more than 5.6 million customer accounts supporting more than 11 million residents across Florida with clean, reliable and affordable electricity. FPL operates one of the cleanest power generation fleets in the U.S and in 2021 won the ReliabilityOne® National Reliability Excellence Award for the sixth time in the last seven years. The company was recognized in 2020 as one of the most trusted U.S. electric utilities by Escalent for the seventh consecutive year. FPL is a subsidiary of Juno Beach, Florida-based NextEra Energy, Inc. (NYSE: NEE), a clean energy company widely recognized for its efforts in sustainability, ethics and diversity, and has been ranked No. 1 in the electric and gas utilities industry in Fortune’s 2020 list of “World’s Most Admired Companies.” NextEra Energy is also the parent company of NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun and a world leader in battery storage. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.comwww.FPL.comwww.GulfPower.comwww.NextEraEnergyResources.com
 
About Indian River State College 
A leader in education and innovation, Indian River State College transforms lives by offering high-quality, affordable, and accessible education to the residents of Indian River, Martin, Okeechobee, and St. Lucie counties through traditional and online delivery. The College—ranked second-most-affordable in the nation—serves 26,000 students annually and offers more than 100 programs leading to Bachelor's degrees, Associate degrees, technical certificates, and applied technology diplomas. It is a recipient of the Aspen Prize for Community College Excellence, the nation's signature recognition of high achievement and performance among America's community colleges. Learn more at www.irsc.edu.   
Dec. 20, 2021|